Inseego Corp. (INSG) Tops Q3 EPS by 2c

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Go back to Inseego Corp. (INSG) Tops Q3 EPS by 2c

Inseego Reports Third Quarter 2020 Financial Results

November 5, 2020 4:05 PM EST

Revenue increased 44% year-over-year to $90.2 million Achieved positive free cash flow Continued strong demand for 4G, 5G and cloud products

SAN DIEGO--(BUSINESS WIRE)-- Inseego Corp. (Nasdaq: INSG) (the Company), a leader in 5G and intelligent IoT device-to-cloud solutions, today reported its results for the third quarter ended September 30, 2020. The Company reported third quarter net revenue of $90.2 million, reflecting year-over-year growth of 44%, GAAP operating loss of $3.4 million, GAAP net loss of $5.4 million, GAAP net loss of $0.06 per share, adjusted EBITDA of $7.4 million and... More