Goleta-based Inogen exploring ways to increase sales
Goleta-based Inogen is exploring new avenues of growth in the oxygen concentrator market. Two of the company’s three co-founders — Brenton Taylor, executive vice president of engineering, and Byron Myers, executive vice president of sales and marketing — told members of the Santa Barbara Executive Roundtable on June 8 that Inogen is entertaining expansion ideas Read More →
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UCSB New Venture Competition winners ready for next stage
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Read More →Inogen expanding in Ohio; company gets international product approval
Inogen, a portable oxygen concentrator company headquartered in Goleta, announced plans June 2 to open a new facility near Cleveland, Ohio to support its direct-to-consumer product line. The company also plans to expand its sales force through recruitment in the northeastern part of the state. It currently has 177 sales employees between its Goleta and Read More →
Read More →Cryptix wins top prize at UCSB New Venture Competition
Ticketing platform software company Cryptix took home the $10,000 top prize at the UC Santa Barbara New Venture Competition on May 24. Hosted by the school’s Technology Management Program, the competition is the origin of such Santa Barbara companies as Inogen, Apeel Sciences, TrackR, Salty Girl Seafood and others. All of the participants walked away Read More →
Read More →Inogen’s profits just keep on growing
Goleta-based Inogen, an oxygen concentrator company, reported a $5.9 million profit for the first quarter of 2017, up from $2.5 million in the first quarter of 2016, according to an earnings report May 9. The company reported $52.5 million in revenue, up 22.1 percent from the same period in 2016. Sales revenue was at $46 Read More →
Read More →Inogen reports huge increase in net income
Inogen, a maker of portable oxygen concentrators based in Goleta, announced a 77 percent increase in net income Feb. 28 on fourth quarter revenues of $50.9 million. Sales revenues grew 47.2 percent over the same quarter in 2015, to $42.6 million. Net income for the quarter was $5.3 million, bringing the company up to $20.5 Read More →
Read More →Wilkinson to be new Inogen CEO as Huggenberger retires
Goleta-based respiratory product maker Inogen announced President and Chief Operating Officer Scott Wilkinson will take over as CEO of the company March 1, 2017, replacing retiring CEO Raymond Huggenberger. Wilkinson will join Huggenberger and new board member Scott Beardsley, a senior partner at San Francisco-based Novo Ventures, on the company’s board of directors, the Dec. Read More →
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