Inseego Corp expected to post a loss of 4 cents a share - Earnings Preview

Inseego

06/05/2025 23:55

Inseego Corp INSG.OQ INSG.O is expected to show a fall in quarterly revenue when it reports  results on May 8 for the period ending March 31 2025

The San Diego California-based  company is expected to report a 28.8% decrease in revenue to $32.057 million from $45.01 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on February 19 2025, for the period ended March 31, was for revenue between $30.00 million and $33.00 million.

​LSEG's mean analyst estimate for Inseego Corp is for a loss of 4 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Inseego Corp is $13.00​, above​ its last closing price of $8.34. ​​​

The company's guidance on February 19 2025 for the period ended March 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD30 million and USD3 million.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.00
0.01
-0.01
Missed
-249.9
Sep. 30 2024
0.11
0.11
0.81
Beat
636.4
Jun. 30 2024
0.09
0.08
0.09
Beat
12.5​
Mar. 31 2024
-0.47
-0.47
-0.31
Beat
33.6
​​Dec. 31 2023
-0.47
-0.48
-0.46
Beat
4.2
Sep. 30 2023
-0.20
-0.20
-1.60
Missed
-700​
Jun. 30 2023
-0.33
-0.33
-0.20
Beat
40
Mar. 31 2023
-0.77
-0.76
-0.20
Beat
73.8

This summary was machine generated May 6 at 22:55 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)