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

Inseego

02/11/2022 21:01

* Inseego Corp  INSG.OQ  reported a quarterly adjusted loss
of 11
cents​​ per share for the quarter ended in September. The mean
expectation of three analysts for the quarter was for a loss
of 8 cents per share.
    * Revenue rose 4.5% to $69.17 million from a year ago;
analysts
expected $65.12 million. 
    * Inseego Corp's reported EPS for the quarter was a loss
of 15
cents​.
    * The mean earnings estimate of analysts had risen by
about 17.7%
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 risen by 11.6% this quarter and
lost 60.4% so far this year.
    * The company reported a quarterly loss of $16.43 million.
    * Wall Street's median 12-month price target for Inseego
Corp is
$3.00 
    * 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 from Refinitiv data November
2 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.08          -0.11          Missed
 Jun. 30 2022      -0.11          -0.09          Beat
 Mar. 31 2022      -0.10          -0.11          Missed
 Dec. 31 2021      -0.06          -0.08          Missed