Inseego Reports First Quarter 2020 Financial Results

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Inseego Corp. (INSG) Tops Q1 EPS by 2c, Revenues Beat

May 6, 2020 6:32 PM EDT

Inseego Corp. (NASDAQ: INSG) reported Q1 EPS of ($0.06), $0.02 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $56.84 million versus the consensus estimate of $52.72 million.

Corporate Highlights

Q1 revenue growth of 17.1% year-over-year; improving gross marginsAchieved positive operating cash flow in the quarterReiterating Q2 revenue outlook of... More