Inseego Corp. reports results for the quarter ended June 30 - Earnings Summary
Inseego Corp. reports results for the quarter ended June 30 - Earnings Summary
Inseego Corp. INSG.OQ reported a quarterly adjusted loss of 18 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of four analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -14 cents to -12 cents per share.
Revenue rose 9.4% to $43.98 million from a year ago; analysts expected $39.91 million.
Inseego Corp.'s reported EPS for the quarter was a loss of 52 cents.
The company reported a quarterly loss of $8.44 million.
Inseego Corp. shares had fallen by 25.0% this quarter and lost 24.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 378.6% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
Wall Street's median 12-month price target for Inseego Corp. is $21.00, about 63.1% above its last closing price of $7.75
This summary was machine generated from LSEG data August 5 at 09:51 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.13 | -0.18 | Missed |
Mar. 31 2026 | -0.08 | -0.06 | Beat |
Dec. 31 2025 | 0.07 | 0.12 | Beat |
Sep. 30 2025 | 0.10 | 0.12 | Beat |
Recent news on Inseego
See all newsBrief: Inseego Corp Introduces Intelligent Multi-Wan Control Software For Sd-Wan Appliances
Inseego Corp. reports results for the quarter ended June 30 - Earnings Summary
Inseego Q2 revenue beats analyst expectations
Brief: Inseego Q2 Revenue USD 43.984 Million Vs. IBES Estimate USD 39.9 Million
Inseego Corp expected to post a loss of 13 cents a share - Earnings Preview