Inseego Corp. (INSG)

NASDAQ: INSG · IEX Real-Time Price · USD
2.340
+0.140 (6.36%)
Feb 28, 2024, 2:53 PM EST - Market open
6.36%
Market Cap 26.61M
Revenue (ttm) 195.69M
Net Income (ttm) -49.18M
Shares Out 11.70M
EPS (ttm) -4.32
PE Ratio n/a
Forward PE 57.14
Dividend n/a
Ex-Dividend Date n/a
Volume 82,372
Open 2.220
Previous Close 2.200
Day's Range 2.153 - 2.390
52-Week Range 1.600 - 12.300
Beta 1.26
Analysts Hold
Price Target 11.50 (+391.45%)
Earnings Date Feb 21, 2024

About INSG

Inseego Corp. engages in the design and development of fixed and mobile wireless solutions, industrial Internet of Things (IIoT), and cloud solutions for large enterprise verticals, service providers, small and medium-sized businesses, governments, and consumers worldwide. The company provides wireless 4G and 5G hardware products, including private LTE/5G networks, First responders network authority/Firstnet, SD-WAN, telematics, remote monitoring and surveillance, and fixed wireless access and mobile broadband devices. Its products include 4G a... [Read more]

Sector Technology
IPO Date Nov 16, 2000
Employees 391
Stock Exchange NASDAQ
Ticker Symbol INSG
Full Company Profile

Financial Performance

In 2023, Inseego's revenue was $195.69 million, a decrease of -20.23% compared to the previous year's $245.32 million. Losses were -$49.18 million, -30.45% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for INSG stock is "Hold." The 12-month stock price forecast is $11.5, which is an increase of 391.45% from the latest price.

Price Target
$11.5
(391.45% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Inseego reports Fourth Quarter and Full Year 2023 Financial Results and announces CEO transition

SAN DIEGO--(BUSINESS WIRE)---- $insg #earnings--Inseego Corp. (Nasdaq: INSG) (the “Company”), a technology leader in 5G and 4G mobile and fixed wireless solutions for mobile network operators, Fortune...

6 days ago - Business Wire

Inseego Corp. to Report Fourth Quarter and Full Year 2023 Financial Results on Feburary 21, 2024

SAN DIEGO--(BUSINESS WIRE)---- $INSG #earnings--Inseego Corp. to Report Fourth Quarter and Full Year 2023 Financial Results on Feburary 21, 2024.

26 days ago - Business Wire

Inseego Announces Reverse Stock Split

SAN DIEGO--(BUSINESS WIRE)---- $INSG #5GStocks--Inseego Corp. (Nasdaq: INSG) (the “Company”) today announced that it intends to effect a 1-for-10 reverse stock split of its issued and outstanding shar...

5 weeks ago - Business Wire

Inseego Appoints SVP of Global Channel Sales and Distribution

SAN DIEGO--(BUSINESS WIRE)-- #Putting5GtoWork--Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, today announced Keri Bolding has joined the company in the newly-created role of SVP o...

3 months ago - Business Wire

Inseego Announces the Availability of Its Next Generation 5G Fixed Wireless Access (FWA) Indoor Router at T-Mobile

SAN DIEGO--(BUSINESS WIRE)-- #5G--Inseego Corp. announces the launch of the Inseego Wavemaker 5G indoor router FX3100 for T-Mobile for Business customers.

3 months ago - Business Wire

Inseego Reports Third Quarter 2023 Financial Results

SAN DIEGO--(BUSINESS WIRE)---- $INSG #5Gstocks--Inseego Reports Third Quarter 2023 Financial Results.

4 months ago - Business Wire

Inseego Corp. Appoints Chief Revenue Officer

SAN DIEGO--(BUSINESS WIRE)-- #5GStock--Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, today announced that effective today, Steve Harmon has joined the company in the newly-created...

4 months ago - Business Wire

Inseego Corp. to Report Third Quarter 2023 Financial Results on November 2, 2023

SAN DIEGO--(BUSINESS WIRE)---- $INSG #5Gstocks--Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, today announced that the company will release its financial results for the third qua...

4 months ago - Business Wire

Inseego Appoints Philip Brace to its Board of Directors

SAN DIEGO--(BUSINESS WIRE)--Inseego Appoints Philip Brace to its Board of Directors.

5 months ago - Business Wire

Inseego Appoints Steven Gatoff as Chief Financial Officer

SAN DIEGO--(BUSINESS WIRE)-- #5Gstock--Inseego Corp., a leader in 5G edge cloud solutions, today announced the appointment of Steven Gatoff as Chief Financial Officer, effective September 14, 2023. Mr...

5 months ago - Business Wire

Inseego Reports Second Quarter 2023 Financial Results

SAN DIEGO--(BUSINESS WIRE)---- $INSG #5Gstocks--Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in 5G edge cloud solutions, today reported its results for the second quarter ended June 30, 2023...

7 months ago - Business Wire

CORRECTING and REPLACING Inseego Corp. to Report Second Quarter 2023 Financial Results on August 2, 2023

SAN DIEGO--(BUSINESS WIRE)-- #EarningsSeason--Inseego Corp. to Report Second Quarter 2023 Financial Results on August 2, 2023.

8 months ago - Business Wire

Inseego Corp. to Report Second Quarter 2023 Financial Results on August 2, 2023

SAN DIEGO--(BUSINESS WIRE)-- #EarningsSeason--Inseego Corp. to Report Second Quarter 2023 Financial Results on August 2, 2023.

8 months ago - Business Wire

Inseego Launches Next-Generation 5G Indoor Router with UScellular for FWA Applications

SAN DIEGO--(BUSINESS WIRE)-- #5G--Inseego Corp., a leader in 5G edge cloud solutions, today announced the launch of the next-generation 5G indoor router FX3100, with UScellular. The new upgraded FX310...

10 months ago - Business Wire

Inseego Reports First Quarter 2023 Financial Results

SAN DIEGO--(BUSINESS WIRE)---- $INSG #5GCompanies--Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in 5G edge cloud solutions, today reported its results for the first quarter ended March 31, 2...

10 months ago - Business Wire

Inseego Corp. to Report First Quarter 2023 Financial Results on May 3, 2023

SAN DIEGO--(BUSINESS WIRE)---- $INSG #5G--Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, will release financial results for the quarter ended March 31, 2023, after the stock market...

11 months ago - Business Wire

Inseego Reports Fourth Quarter and Full Year 2022 Financial Results

SAN DIEGO--(BUSINESS WIRE)---- $INSG #5G--Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in 5G edge cloud solutions for the enterprise, today reported its results for the fourth quarter and ye...

1 year ago - Business Wire

Inseego Corp. to Report Fourth Quarter and Full Year 2022 Financial Results on March 1, 2023

SAN DIEGO--(BUSINESS WIRE)---- $INSG #5G--Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, will release financial results for the quarter and year ended December 31, 2022 after the s...

1 year ago - Business Wire

Inseego MiFi® X PRO 5G now available at T-Mobile

SAN DIEGO & BELLEVUE, Wash.

1 year ago - Business Wire

Inseego Reports Third Quarter 2022 Financial Results

SAN DIEGO--(BUSINESS WIRE)---- $INSG #5G--Inseego releases Q3 2022 Financial Results

1 year ago - Business Wire

Inseego Corp. to Report Third Quarter 2022 Financial Results on November 2, 2022

SAN DIEGO--(BUSINESS WIRE)---- $INSG #5G--Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, will release financial results for the quarter ended September 30, 2022 on Wednesday, Novem...

1 year ago - Business Wire

Inseego, CyberReef partner to secure 5G networks in regulated industries

Inseego has announced a partnership with CyberReef, to develop a new offering that will enable the deployment of highly secure 5G mobile access applications.

1 year ago - VentureBeat

Drei Austria introduces Inseego 5G Fixed Wireless for business customers

SAN DIEGO & VIENNA--(BUSINESS WIRE)---- $INSG #5G--Inseego Corp. (Nasdaq: INSG) announced today that the Inseego Wavemaker™ FG2000 5G indoor router is now available for Drei Austria business customers...

1 year ago - Business Wire

Inseego MiFi® X PRO 5G Now Available at Telstra in Australia

SAN DIEGO & SYDNEY--(BUSINESS WIRE)---- $INSG #5G--Inseego Corp. (Nasdaq: INSG), a leader in 5G and intelligent IoT device-to-cloud solutions, today announced the launch of the next generation MiFi® 5...

1 year ago - Business Wire