Tag: Kevin Smith
Inogen CEO: ‘We continue to make meaningful progress’
November 6, 2025HME News Staff
GOLETA, Calif. - Inogen reported $92.4 million in revenue for the third quarter of 2025, a 4% increase year over year.
Other financial results:
A GAAP net loss of $5.3 million vs. $6 million and adjusted net loss of $0.5 million vs. $2.6 million.
$2.3 million adjusted EBITDA, the third consecutive quarter of positive adjusted EBITDA
$2.2 million in positive operating cash flow, strengthening quarter-end cash, cash equivalents, marketable securities and...
Inogen CEO sees ‘room for improvement’
March 1, 2024HME News Staff
GOLETA, Calif. – Inogen CEO Kevin Smith has spent his first few months on the job “observing and reflecting” on the company’s business model and has begun to make changes to return it to “sustained profitability.”
Smith, who came onboard in November, told investors during a Feb. 27 conference call that Inogen is no longer working with a third party for sales reps for its prescriber channel. The company began scaling its prescriber channel in the first...
Inogen replaces CEO
November 13, 2023HME News Staff
GOLETA, Calif. - Inogen’s board of directors today, Nov. 13, appointed Kevin Smith as president and CEO effective immediately, succeeding Nabil Shabshab.
Smith, who will also be a member of the board, brings more than 20 years of commercial leadership experience in the medical device industry, including respiratory care and DME businesses, and has a history of success in executing value-creating transformations across organizations. He most recently served as CEO at Sirtex Medical,...