Inseego Corp. (INSG) Tops Q4 EPS by 2c, Revenues Beat; Q1 EPS Revenues Guidance Below Consensus

March 7, 2019 4:19 PM EST
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Price: $8.02 +5.80%

EPS Growth %: -33.3%

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Inseego Corp. (NASDAQ: INSG) reported Q4 EPS of $0.02, $0.02 better than the analyst estimate of $0.00. Revenue for the quarter came in at $56.04 million versus the consensus estimate of $53.69 million.

“We ended 2018 with a very strong fourth-quarter performance, including outstanding top- and bottom-line growth, and expanded our customer base in North America and worldwide,” said Dan Mondor, Chairman and CEO of Inseego. “We believe that the combination of our market-leading gigabit 4G LTE and 5G NR innovation and positive industry dynamics will enable us to further extend our leadership position in 2019 and beyond.”

GUIDANCE:

Inseego Corp. sees Q1 2019 revenue of $45-50 million, versus the consensus of $51.63 million.

For earnings history and earnings-related data on Inseego Corp. (INSG) click here.



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