Inogen Q4 2023 Adj EPS $(0.83) Misses $(0.62) Estimate, Sales $75.90M Miss $76.99M Estimate
Portfolio Pulse from Benzinga Newsdesk
Inogen (NASDAQ:INGN) reported Q4 2023 adjusted EPS of $(0.83), missing the $(0.62) estimate, and sales of $75.90M, missing the $76.99M estimate. This represents a 45.61% decrease in EPS and a 13.84% decrease in sales from the same period last year.
February 27, 2024 | 10:06 pm
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Inogen reported a significant miss in both EPS and sales for Q4 2023, with a 45.61% decrease in EPS and a 13.84% decrease in sales year-over-year.
The significant miss in both EPS and sales compared to analyst estimates, along with the substantial year-over-year decreases, are likely to negatively impact investor sentiment and stock price in the short term.
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