Inseego Corp expected to post a loss of 9 cents a share - Earnings Preview

Inseego

28/02/2023 01:19

* Inseego Corp  INSG.OQ   INSG.O  is expected to show a fall
in
quarterly revenue when it reports  results on March 1. 
    * The San Diego California-based  company is expected to
report  a
17.0% decrease in revenue to $60.527 million from $72.89 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Inseego Corp is for
a
loss of 9 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
$2.6​, above​ its last closing price of $0.87. ​​​

This summary was machine generated February 28 at 01:19 GMT. 
All figures in US dollars  unless otherwise stated