earnings
confidence high
sentiment negative
materiality 0.75
Inogen Q4 revenue $75.9M (-14% YoY); FY net loss $102.4M, adj EBITDA -$37.8M
Inogen Inc
2023-FY EPS reported
-$4.42
revenue$315,660,000
- Q4 revenue $75.9M vs $88.1M YoY; full-year revenue $315.7M vs $377.2M in 2022.
- Q4 GAAP net loss $26.6M vs $56.6M loss YoY; adjusted net loss $19.4M vs $13.0M loss.
- Full-year GAAP net loss $102.4M vs $83.8M loss; adjusted EBITDA -$37.8M vs -$13.5M.
- Cash, equivalents and marketable securities $128.5M, no debt; gross margin improved to 37.1% in Q4.
- New CCO Grégoire Ramade and CFO Michael Bourque appointed; focus on Physio-Assist U.S. launch.