Inseego reports Fourth Quarter and Full Year 2023 Financial Results and announces CEO transition
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
Company Research
Source: Business Wire
Q4 2023 revenue of $42.8 millionQ4 2023 Adjusted EBITDA of $4.1 millionFourth consecutive quarter of positive Adjusted EBITDA with $16.7 million in positive Adjusted EBITDA in 2023Philip Brace appointed Executive Chairman SAN DIEGO--(BUSINESS WIRE)--Inseego Corp. (Nasdaq: INSG) (the “Company”), a technology leader in 5G and 4G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises, SMBs, and consumers, today reported its results for the fourth quarter and year ended December 31, 2023. The Company reported fourth quarter revenue of $42.8 million, GAAP operating loss of $11.1 million, GAAP net loss of $14.3 million, GAAP net loss of $1.28 per share, and Adjusted EBITDA of positive $4.1 million. Unrestricted cash and cash equivalents at December 31, 2023 were $7.5 million.Inseego also announced that Ashish Sharma has resigned as Chief Executive Officer and President, effective February 23, 2024, to pursue other interests, and that Philip Brace has be
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News
- Inseego Voluntarily Pays-off and Terminates Asset-Backed Loan Facility to Improve Capital Structure Flexibility and Meaningfully Reduce Financing Costs [Yahoo! Finance]Yahoo! Finance
- Inseego Voluntarily Pays-off and Terminates Asset-Backed Loan Facility to Improve Capital Structure Flexibility and Meaningfully Reduce Financing CostsBusiness Wire
- Inseego Corp. to Report First Quarter 2024 Financial Results on May 9, 2024Business Wire
- Are Computer and Technology Stocks Lagging Inseego (INSG) This Year? [Yahoo! Finance]Yahoo! Finance
- Global $10.3 Bn Commercial Vehicle Telematics Markets 2023-2024 and 2028 with Verizon, Geotab, Trimble, PTC, TomTom, Omnitracs, Masternaut , Microlise, Inseego, and Samsara Dominating [Yahoo! Finance]Yahoo! Finance
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