Inseego Corp. (INSG) Reports In-Line Q2 EPS

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Go back to Inseego Corp. (INSG) Reports In-Line Q2 EPS

Inseego Reports Second Quarter 2018 Financial Results

August 7, 2018 4:10 PM EDT

Achieves Annualized Adjusted EBITDA Run Rate in Excess of $15 Million
Reduces GAAP Year-Over-Year Operating Loss from $5.6 Million to $0.8 Million
Closes $19.7 Million Financing Led by Tavistock Group
Meets the Top End of Guidance with Sequential Revenue and Adjusted EBITDA Growth

SAN DIEGO--(BUSINESS WIRE)-- Inseego Corp. (Nasdaq: INSG) (the Company), an industry leader in solutions for intelligent mobile enterprises, today reported the following results for the second quarter ended June 30, 2018. The Company reports second quarter revenues of $49.1 million, GAAP operating loss of $0.8 million, GAAP net loss of... More