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

Inseego

04/08/2021 22:43

* Inseego Corp  INSG.OQ  reported a quarterly adjusted loss of 7
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss of 8
cents per share.
* Revenue fell 18.6% to $65.69 million from a year ago; 
analysts expected $57.82 million. 
* Inseego Corp's reported EPS for the quarter was a loss of 14
cents​.
* The mean earnings estimate of analysts had fallen by
about 3.2% 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 15.5% this quarter and
lost 44.9% so far this year.
* The company reported a quarterly loss of $13.93 million.
* Wall Street's median 12-month price target for Inseego Corp is
$9.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 4 at 09:43 p.m.  ​All
figures in US dollars unless otherwise stated