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Tag: Third Quarter (Q3)


Vendors

Invacare reports 'mixed' financial results

November 6, 2018HME News Staff

ELYRIA, Ohio - Invacare reported net sales decreased 2.5% to $244.6 million for the third quarter of 2018 compared to the same period last year.Net sales for North America HME decreased 7.3% to $73.7 million, driven by decreases in respiratory and lifestyle product sales. Net sales increased 8.9%, however, for mobility and seating products.“The third quarter performance was mixed,” said Matthew Monaghan, chairman, president and CEO.Invacare believes providers were cautious about investing...

Competitive Bidding, Financial Results, Invacare, Tariff, Third Quarter (Q3)


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Vendors

Earnings reports: Inogen, Invacare

November 8, 2017HME News Staff

Inogen's DTC beats B2B in Q3GOLETA, Calif. - Inogen reported total revenues of $69 million for the third quarter of 2017, up 26.8% from the same period last year. It reported net income of $7.3 million, up 39.9%. Breaking down revenue, sales revenue was $63.1 million, up 33.8%; and rental revenue was $5.9 million, down 18.7%. Inogen says direct-to-consumer sales grew 43.5% in the third quarter compared to the same period last year, primarily due to an increased number of sales reps and increased...

Financial Results, Inogen, Invacare, Third Quarter (Q3)


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