Inseego Q1 revenue rises, but slightly misses estimates

Inseego

07/05/2026 22:11

Overview

U.S. wireless edge solutions firm's Q1 revenue grew yr/yr, slight miss to analyst expectations

Company announced acquisition of Nokia’s Fixed Wireless Access business, expected to double revenue

Secured new win with U.S. Tier-1 carrier for 4th generation FWA device

Outlook

Company sees Q2 2026 revenue between $36.5 mln and $43.5 mln

Company expects Q2 2026 Adjusted EBITDA of $250,000 to $2.0 mln

Company forecasts full-year 2026 revenue of about $190 mln

Result Drivers

ONGOING INVESTMENT - Co said increased investment in product launches, carrier ramps, and portfolio expansion weighed on Q1 results but is expected to drive future growth

NEW CARRIER WINS - Co secured new business with U.S. Tier-1 carriers for its 4th generation FWA device and value-tier MiFi device

Company press release: ID:nGNX27NgVk

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Miss*
$34.34 mln
$34.54 mln (4 Analysts)
Q1 Net Income
Miss
-$4.54 mln
-$1.74 mln (2 Analysts)
Q1 Adjusted EBITDA
Beat
$1.80 mln
$1.46 mln (2 Analysts)
Q1 Operating Income
Miss
-$3.57 mln
-$1,670 (3 Analysts)
Q1 Pretax Profit
Miss
-$4.50 mln
-$1.83 mln (2 Analysts)
Q1 Gross Profit
$16.60 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)