Inseego Reports Second Quarter 2019 Financial Results
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Canaccord Genuity Reiterates Buy Rating on Inseego Corp. (INSG)
August 7, 2019 6:58 AM EDTCanaccord Genuity analyst Michael Walkley reiterated a Buy rating and $7.00 price target on Inseego Corp. (NASDAQ: INSG) following the company's mixed 2Q results. INSG reported revenue of $56M, above $53M estimates, but adjusted EBITDA of 3.0M was below $3.8M estimates due to gross margin... More
Inseego Corp. (INSG) Misses Q2 EPS by 2c, Revenues Beat; Offers FY19 Revenue Mid-Point Guidance Above Consensus
August 6, 2019 6:08 PM EDTInseego Corp. (NASDAQ: INSG) reported Q2 EPS of ($0.03), $0.02 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $55.9 million versus the consensus estimate of $53.11 million.
Revenue of $55.9 million, at the high end of guidance, up 15.1% sequentially and 13.9% year-over-yearNon-GAAP... More