Inogen shares sink as full-year revenue falls short

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Inogen shares sink as full-year revenue falls short

By Staff Report / Monday, January 13th, 2020 / Comments Off on Inogen shares sink as full-year revenue falls short

Inogen shares plummeted 22 percent Jan. 13 with the release of preliminary full-year financial results that fell short of prior estimates by the firm. The Goleta oxygen concentrator maker said it expects full-year revenue between $361.4 million and $362.4 million, below previous guidance in the range of $370 million to $375 million. Shares fell $13.48…

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