Inseego Reports First Quarter 2022 Financial Results
Inseego Corp. (INSG)
Last inseego corp. earnings: 3/11 04:23 pm
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US:NASDAQ Investor Relations:
investor.inseego.com/investor-relations
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Source: Business Wire
5G revenue growth of 142% year-over-year5G and software solutions reflect 67% of total revenue, up 68% year-over-yearLarge enterprise customers starting deployments of 5G enterprise solutions SAN DIEGO--(BUSINESS WIRE)--Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in 5G and intelligent IoT device-to-cloud solutions, today reported its results for the first quarter ended March 31, 2022. The Company reported first quarter net revenue of $61.4 million, GAAP operating loss of $21.8 million, GAAP net loss of $25.9 million, GAAP net loss of $0.24 per share, adjusted EBITDA of negative $3.3 million, and non-GAAP net loss of $0.11 per share. Cash and cash equivalents at quarter end, including restricted cash, was $45.2 million.“Inseego delivered solid results in the quarter, and we are pleased with our execution, especially in the current global supply chain environment,” said Ashish Sharma, CEO of Inseego. “We continue to be the 5G partner of choice for carriers in North America
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INSG
Earnings
- 2/21/24 - Miss
INSG
Sec Filings
- 4/18/24 - Form 8-K
- 2/22/24 - Form 10-K
- 2/21/24 - Form 8-K
- INSG's page on the SEC website