Inogen names new CEO; reaffirms 2016 & 2017 guidance

|By:, SA News Editor

Inogen (INGN +1.9%) appoints Scott Wilkinson as President & CEO effective March 1, 2017 succeeding retiring Raymond Huggenberger. Mr. Wilkinson is currently responsible for the company's global commercial, manufacturing, service, R&D and technical/support operations. Prior to joining Inogen, he had stints at Invacare and Johnson & Johnson.

The company reiterates its financial guidance:

2016: Revenue: $194M - 198M (+22.0 - 24.5%); Net Income: $12.5M - 14.5M (+7.9 - 25.2%).

2017: Revenue: $230M - 236M; Net Income: $16M - 18M.

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