Inseego Corp reports results for the quarter ended in December - Earnings Summary

Inseego

01/03/2022 22:01

* Inseego Corp  INSG.OQ  reported a quarterly adjusted loss
of 8
cents​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for a loss
of 6 cents per share.
    * Revenue fell 15.3% to $72.89 million from a year ago; 
analysts
expected $71.19 million. 
    * Inseego Corp's reported EPS for the quarter was a loss
of 11
cents​.
    * The mean earnings estimate of analysts had risen by
about 7.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Inseego Corp shares had fallen by 19.2% this quarter.
    * The company reported a quarterly loss of $11.37 million.
    * Wall Street's median 12-month price target for Inseego
Corp is
$9.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 1 at 10:01 p.m.  ​All
figures in US dollars unless otherwise stated