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

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Inseego Reports Second Quarter 2020 Financial Results

August 5, 2020 4:05 PM EDT

New 5G product portfolio delivering breakthrough performance in multiple pre-launch field trials with operators globally Continued strong demand for mobile products

SAN DIEGO--(BUSINESS WIRE)-- Inseego Corp. (Nasdaq: INSG) (the Company), a pioneer in 5G and intelligent IoT device-to-cloud solutions, today reported its results for the second quarter ended June 30, 2020. The Company reported second quarter net revenue of $80.7 million, reflecting year-over-year growth of 44%, GAAP operating loss of $5.3 million, GAAP net loss of $74.8 million, including $67.2 million of one-time non-cash charges relating to... More