secwatch.observer — SEC 8-K summary
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Issuer:     Inogen Inc (INGN)
CIK:        0001294133
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0000950170-22-014752
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inogen Q2 revenue $103.4M (+1.8% YoY) but GAAP net loss $3.4M vs $5.1M income a year ago
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- Total revenue $103.4M, up 1.8% YoY (3.6% constant currency) and 28.6% sequentially from Q1; international sales and domestic rentals drove growth.
- GAAP net loss of $3.4M compared to net income of $5.1M in Q2 2021; adjusted net loss $0.4M vs adjusted net income $1.8M.
- Gross margin fell to 44.7% from 49.6% on higher material prices and warranty costs, partially offset by higher ASP and favorable mix.
- Adjusted EBITDA was $3.2M, down from $12.4M in prior-year quarter; operating expenses rose 27.1% to $49.1M.
- Cash and equivalents $223.6M as of June 30, 2022; no explicit guidance provided for remainder of year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1294133/000095017022014752/0000950170-22-014752-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1294133/000095017022014752/ingn-20220804.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-014752

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