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

Inseego

03/11/2021 21:03

* Inseego Corp  INSG.OQ  reported a quarterly adjusted loss of 8
cents​​ per share for the quarter ended in September. The mean
expectation of four analysts for the quarter was for a loss of 7
cents per share.
* Revenue fell 26.6% to $66.22 million from a year ago; 
analysts expected $65.52 million. 
* Inseego Corp's reported EPS for the quarter was a loss of 9
cents​.
* The mean earnings estimate of analysts had risen by about 2.6%
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 risen by 2.0% this quarter and
lost 56.1% so far this year.
* The company reported a quarterly loss of $9.03 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," 4
"hold" and no "sell" or "strong sell." 
This summary was machine generated November 3 at 09:03 p.m.
 ​All figures in US dollars unless otherwise stated