Inogen's Q2 2022 total revenue increased by 1.8% to $103.4 million compared to Q2 2021, driven by higher international sales and domestic rentals, but the company reported a GAAP net loss of $3.4 million.
Total revenue was $103.4 million, a 1.8% increase from $101.6 million in Q2 2021.
On a constant currency basis, total revenue increased 3.6% from Q2 2021.
GAAP net loss was $3.4 million, with an adjusted net loss of $0.4 million and adjusted EBITDA of $3.2 million.
Cash and cash equivalents were $223.6 million as of June 30, 2022.
Inogen projects revenue for the third quarter 2022 to be in the range of approximately $97 million to $100 million, or approximately 4% to 7% growth year-over-year.
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