Inseego Corp. (INSG) Tops Q3 EPS by 3c

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Inseego Reports Third Quarter 2017 Financial Results

November 2, 2017 4:05 PM EDT

Company Meets Guidance and Reports Significant Progress on Customers, Technology, and Operations

SAN DIEGO--(BUSINESS WIRE)-- Inseego Corp. (Nasdaq: INSG) (the Company), a leading global provider of mobile broadband hardware and software-as-a-service (SaaS) solutions for the Internet of Things (IoT), today reported results for the third quarter ended September 30, 2017. The Company reports third quarter revenues of $57.5 million, GAAP net loss of $13.8 million or a loss of $0.23 per share, non-GAAP net loss of $3.1 million or a loss of $0.05 per share, and adjusted EBITDA of $1.5 million. Non-GAAP operating expenses have been reduced by... More