Inseego Q4 2022 Earnings Report

Inseego EPS Results

• Actual EPS: -$1.40
• Consensus EPS: -$1.20
• Beat/Miss: Missed by -$0.20
• One Year Ago EPS: N/A

Inseego Revenue Results

• Actual Revenue: $52.92 million
• Expected Revenue: $60.53 million
• Beat/Miss: Missed by -$7.61 million
• YoY Revenue Growth: N/A

Inseego Announcement Details

• Quarter: Q4 2022
• Date: 3/1/2023
• Time: N/A

Inseego (NASDAQ:INSG) engages in the design and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions for businesses, consumers, and governments worldwide. The company provides 5G and 4G mobile broadband solutions, such as mobile hotspots under the MiFi brand; and 4G VoLTE products and 4G USB modems. It also offers fixed wireless access solutions, including indoor, outdoor, and industrial routers and gateways. In addition, the company provides Inseego Connect solution for device management; and 5G SD EDGE solution for secure networking enabling corporate managed mobile remote workforce. Further, it offers SaaS solutions, including telematic and asset tracking solution that provides live maps and data to improve driver safety and performance; Inseego Subscribe, a wireless subscriber management solution for carrier's management of their government and complex enterprise customer subscriptions. The company was founded in 1996 and is based in San Diego, California.