ELYRIA, Ohio – Invacare on Oct. 31 reported a net loss of $5 million for the third quarter of 2016 compared to $7.8 million for the same period last year. It reported net sales of $268.1 million vs. $283.8 million.
GOLETA, Calif. – Inogen on Nov. 3 reported total revenues of $54.4 million for the third quarter of 2016 compared to $40.8 million for the same period last year, a 33.5% increase. It reported net income of $3.5 million vs. $2.7 million, a 28.2% increase.
GOLETA, Calif. – Inogen has received approval for its Inogen One G4 portable oxygen concentrator to be used onboard commercial aircrafts, it announced today. The manufacturer also plans to launch the product in its domestic business-to-business channel launch.