Inogen, inc. provides earnings guidance for the full year 2019 and 2020

Inogen, inc. provided earnings guidance for the full year 2019 and 2020. for 2019, inogen is maintaining its full year 2019 total revenue guidance of $370 to $375 million, representing growth of 3.3% to 4.7% versus its 2018 full year results. the company is also maintaining its full year 2019 net income guidance range of $23 to $25 million, operating income guidance range of $26 to $28 million.company is also providing a full year 2020 guidance range for total revenue of $410 to $415 million, representing 10.1% to 11.4% growth over the 2019 guidance mid-point of $372.5 million. the company forecasts full year 2020 net income to be in the range of $25 to $27 million, representing growth of 4.2% to 12.5% over the 2019 guidance mid-point of $24 million. net income also includes an estimated $7.8 million in new aera intangible amortization expense recorded in research and development expense in 2020 compared to an estimated $2.9 million in 2019.
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