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Stock impact report

Inseego First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]

Inseego Corp. (INSG) 
Last inseego corp. earnings: 3/11 04:23 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.inseego.com/investor-relations
Company Research Source: Yahoo! Finance
Net loss: US$5.25m (loss narrowed by 10.0% from 1Q 2023). US$0.44 loss per share (improved from US$0.54 loss in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Inseego Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Communications industry in the US. Performance of the American Communications industry. The company's shares are up 37% from a week ago. Risk Analysis It is worth noting though that we have found 5 warning signs for Inseego (2 don't sit too well with us!) that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is ge Show less Read more
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