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

Inseego

06/05/2021 01:44

* Inseego Corp  INSG.OQ  reported a quarterly adjusted loss of 8
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss
of 10 cents per share.
* Revenue rose 1.3% to $57.60 million from a year ago​; 
analysts expected $60.09 million.
* Inseego Corp's reported EPS for the quarter was a loss of 18
cents​.
* The mean earnings estimate of analysts had fallen by
about 4,700% 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 16.7% this quarter and
lost 46.2% so far this year.
* The company reported a quarterly loss of $16.96 million.
* Wall Street's median 12-month price target for Inseego Corp is
$12.50 
* 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 May 6 at 12:44 a.m. GMT. ​All
figures in US Dollars.​