Showcasing the Latest 5G-Advanced and Software Innovations Powering the Wireless EdgeSAN DIEGO, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG) (the “Company”), a global leader in 5G mobile broadband and 5G fixed wireless access (FWA) solutions, today announced that it will participate in Mobile World Congress Barcelona (MWC 2026), the world’s largest and most influential connectivity event, taking place March 2-5, 2026, in Barcelona, Spain. At MWC 2026, Inseego will engage with customers, pr ...

Core Insights - Inseego Corp. has partnered with AT&T Business to introduce the Wavemaker™ FX4200, a new 5G fixed wireless access (FWA) device aimed at enhancing enterprise wireless networks [2][3][7] Group 1: Product Features and Capabilities - The Wavemaker FX4200 is designed to provide high-performance 5G connectivity with a focus on simplicity, fast deployment, and easy management options for business customers [3][4] - Key features include Wi-Fi 7 support for up to 256 connections, live failover between wireless and wired WAN options, integrated battery backup for over 8 hours, and enterprise-grade security compliance [8] - The device supports zero-touch setup, on-device speed tests, and signal optimization, making it easier for businesses to deploy and manage their networks [8] Group 2: Market Position and Strategy - Inseego aims to bridge the gap between complex wireline solutions and simpler FWA options, positioning the FX4200 as a scalable solution for various business environments, including retail, restaurants, and government facilities [4][7] - The collaboration with AT&T enhances the portfolio of 5G-capable FWA devices, complementing AT&T's existing wireline broadband services [7] - Inseego's extensive experience in mobile broadband and 5G innovation supports its commitment to delivering reliable and secure connectivity solutions for businesses [9]

SAN DIEGO, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG) (the “Company”), a global leader in 5G mobile broadband and 5G fixed wireless access (FWA) solutions, today announced that the Company will release its financial results for the fourth quarter of 2025, ended December 31, 2025, after the financial markets close on February 19, 2026. The financial statements and earnings press release will be made available at investor.inseego.com and will be filed under Inseego’s profile on EDGAR at ww ...

Company exchanges outstanding preferred stock for combination of cash, common stock and senior notesSAN DIEGO, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG) (the “Company”), a global leader in 5G mobile broadband and 5G fixed wireless access (FWA) solutions, today (the “Closing Date”) announced that it has completed the repurchase of all of its outstanding Fixed-Rate Cumulative Perpetual Preferred Stock, Series E (the “Preferred Stock”) in exchange for a combination of cash, common stock of ...

Core Insights - Inseego Corp. is celebrating its 25th anniversary on Nasdaq, marking a significant milestone in its journey as a leader in enterprise wireless connectivity solutions [1][2][3] Company Overview - Inseego Corp. has evolved into a trusted provider of secure, high-performance wireless connectivity solutions for enterprises, government agencies, and service provider partners globally since its Nasdaq listing in 2000 [2] - The company specializes in 5G mobile broadband and fixed wireless access (FWA) solutions, continuing to innovate in next-generation wireless technologies [2][5] Leadership and Vision - CEO Juho Sarvikas emphasized the company's ambition to transform global connectivity, highlighting its history of innovation, including the invention of the MiFi hotspot and advancements in secure 5G technology [3] - The company is committed to defining the next generation of wireless broadband, reflecting the dedication of its employees and the trust of its customers and partners [3] Event Details - The Nasdaq Closing Bell ceremony will take place on December 8, 2025, featuring the company's leadership team and will be broadcast live [1][3]

Core Insights - Inseego's Fixed Wireless Access (FWA) solution has been selected by Kajeet to power its SmartFailover service, aimed at reducing internet interruption risks for businesses [1][2] Company Overview - Inseego Corp. is a leader in wireless broadband, specializing in 5G mobile broadband and FWA solutions [1][4] - Kajeet focuses on managed wireless connectivity, providing intelligent and reliable connectivity solutions for businesses [2][5] Product Offering - The Kajeet SmartFailover service provides a managed backup solution that ensures seamless business continuity by activating when the primary internet connection fails [4] - The service leverages Inseego's 5G Router FX3110, offering a secure and reliable connection for businesses [2][3] Market Demand - There is significant demand for FWA offerings, with Mobile Network Operators adding more FWA connections in 2024 than any other technology [2] - The demand for FWA solutions has continued to grow in 2025, particularly as a backup for primary internet connections [2] Benefits of SmartFailover - SmartFailover provides multi-carrier resilience, ensuring optimal reliability by connecting to the strongest available carrier [4] - The service is designed for simple deployment and central management through the Kajeet Sentinel platform, offering real-time visibility and control [4] - It includes enterprise-grade security and data policy enforcement to protect traffic and ensure compliance [4] - The solution supports distributed organizations that rely on uninterrupted connectivity for customer service and operations [4]

Core Insights - Inseego reported a revenue of $45.89 million for the quarter ended September 2025, reflecting a decline of 15.1% year-over-year, while EPS improved to $0.12 from -$0.07 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $41.97 million by 9.36%, but the EPS fell short of the consensus estimate of $0.28 by 57.14% [1] Revenue Breakdown - Mobile solutions revenue was $16.04 million, surpassing the average estimate of $14.2 million, but showing a significant decline of 50.3% year-over-year [4] - Product revenues reached $33.69 million, exceeding the average estimate of $29.6 million, with a year-over-year decrease of 19.8% [4] - Services and other revenues were reported at $12.21 million, slightly above the estimated $12.1 million, marking a year-over-year increase of 1.5% [4] - Fixed wireless access solutions generated $17.65 million, exceeding the average estimate of $15.4 million, and showing a substantial year-over-year growth of 81.5% [4] Stock Performance - Inseego's shares have declined by 11.3% over the past month, contrasting with a 1.3% increase in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Revenue Performance - Revenues for Q3 2025 were $45.9 million, a decrease of 15.1% from $54.0 million in Q3 2024[131] - Revenues for the nine months ended September 30, 2025 were $117.8 million, down 17.7% from $143.2 million in the same period in 2024[148] - Mobile solutions revenues decreased by $25.9 million, or 35.3%, primarily due to decreased sales with a carrier partner[148] Cost and Expenses - Cost of revenues for Q3 2025 was $26.8 million, or 58.4% of revenues, down from 65.2% in Q3 2024[133] - Cost of revenues for the nine months ended September 30, 2025 was $67.2 million, or 57.1% of revenues, down from $92.3 million, or 64.5% of revenues in 2024[150] - Operating costs and expenses totaled $16.9 million, a decrease of 4.8% from $17.8 million in Q3 2024[136] - Research and development expenses were $4.9 million, representing 10.6% of revenues, down from 9.6% in Q3 2024[136] - Research and development expenses for the nine months ended September 30, 2025 were $14.2 million, or 12.1% of revenues, down from $15.0 million, or 10.5% in 2024[155] - Sales and marketing expenses for Q3 2025 were $4.2 million, or 9.1% of revenues, up from $4.1 million, or 7.6% of revenues in Q3 2024[137] - General and administrative expenses for Q3 2025 were $5.7 million, or 12.4% of revenues, compared to $4.8 million, or 8.9% of revenues in Q3 2024[138] Profitability - Gross profit for Q3 2025 was $19.1 million, with a gross margin of 41.6%, up from 34.8% in Q3 2024[136] - Gross profit for the nine months ended September 30, 2025 was $50.6 million, with a gross margin of 42.9%, compared to $50.9 million and 35.5% in 2024[153] - The Company recorded a net loss from continuing operations of $0.8 million for the nine months ended September 30, 2025[178] Cash Flow and Financing - The Company experienced negative cash outflows from operations of $4.8 million for the nine months ended September 30, 2025, primarily due to timing of cash receipts and annual bonus payouts[167] - For the nine months ended September 30, 2025, net cash used in operating activities was $4.8 million, compared to net cash provided of $47.7 million for the same period in 2024[177] - Net cash used in investing activities for the nine months ended September 30, 2025, was $5.7 million, primarily related to software development[180] - As of September 30, 2025, the Company had available cash and cash equivalents totaling $14.6 million and positive working capital of $13.1 million[167] - The Company entered into a $15.0 million secured asset-backed revolving credit facility with BMO Bank N.A., maturing on August 5, 2028, and was in compliance with all covenants as of September 30, 2025[168] - Outstanding borrowings under the 2029 Senior Secured Notes were $40.9 million as of September 30, 2025, maturing on May 1, 2029[172] Strategic Actions - The Company divested its Telematics Business for approximately $52 million in cash to focus on its core 5G wireless solutions[121][122] - The Company aims to streamline its focus on growth opportunities around its core product offerings following the divestiture[122] - A hypothetical 10% change in foreign currencies would have impacted revenue by less than $0.1 million for the nine months ended September 30, 2025[188] Other Financial Metrics - Interest expense for the nine months ended September 30, 2025 decreased by $6.8 million, or 70.6%, compared to the same period in 2024[159] - Income (loss) from discontinued operations for the nine months ended September 30, 2025 was $(0.4) million, compared to $3.0 million in 2024 due to the sale of the Telematics Business[164] - Preferred stock dividends for the nine months ended September 30, 2025 were $2.7 million, up from $2.4 million in 2024[165] - Future payments under non-cancellable purchase obligations of approximately $110.2 million as of September 30, 2025[176] - Interest on loans under the Working Capital Facility is based on the Term Secured Overnight Financing Rate plus a margin of 1.00-2.50%[170]

Core Insights - Inseego reported quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.28 per share, and compared to a loss of $0.07 per share a year ago, representing an earnings surprise of -57.14% [1] - The company posted revenues of $45.89 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 9.36%, but down from $54.03 million year-over-year [2] - Inseego shares have increased approximately 40.4% since the beginning of the year, outperforming the S&P 500's gain of 15.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.24 on revenues of $45.4 million, and for the current fiscal year, it is $0.97 on revenues of $160.1 million [7] - The estimate revisions trend for Inseego was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Internet - Software industry, to which Inseego belongs, is currently in the top 35% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Another company in the same industry, Elastic, is expected to report quarterly earnings of $0.58 per share, with a year-over-year change of -1.7%, and revenues projected at $418.13 million, up 14.4% from the previous year [9]

Financial Data and Key Metrics Changes - In Q3 2025, the company generated revenue of $45.9 million and adjusted EBITDA of $5.8 million, both exceeding guidance and marking the second consecutive quarter of sequential growth in these metrics [3][16] - Non-GAAP gross margin was reported at 41.8%, reflecting a favorable product mix and strength in FWA [18] - Adjusted EBITDA margin was 12.5%, the third highest in over a decade [18] Business Line Data and Key Metrics Changes - FWA revenue was the second highest in company history, surpassing mobile hotspot revenue for the third time [16] - FWA shipment volumes increased by over 50% year-over-year, indicating strong enterprise adoption [5] - Mobile revenue is expected to grow sequentially in Q4 2025 due to expanded customer contributions and product launches [17][20] Market Data and Key Metrics Changes - The company secured a new Tier 1 US carrier win during Q3, expanding its reach in both FWA and mobile hotspots [6] - The introduction of the FX40 200 is expected to broaden market opportunities and enhance the company's position in the enterprise segment [8] Company Strategy and Development Direction - The company is focused on scaling its core FWA and mobile solutions while evolving into a solutions company that integrates hardware, network management, and software [3] - The strategy includes expanding the product portfolio, adding new carriers, and deepening engagement with MSOs, MSPs, and VARs [9] - Leadership has been strengthened with the addition of experienced executives to support growth initiatives [12][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trajectory of FWA, driven by increased carrier deployments and favorable market dynamics [31][43] - The company anticipates continued sequential revenue growth in Q4 2025, despite historical seasonality trends [20][22] - Management highlighted the potential for increased demand for domestic suppliers due to regulatory changes affecting foreign competition [40] Other Important Information - The company has filed a universal shelf to enhance financial flexibility and support growth initiatives [19] - The software services revenue remained stable at approximately $12 million, contributing to high-margin revenue [17] Q&A Session Summary Question: Monetization changes for Subscribe and Connect - Management indicated that Inseego Connect has transitioned to a core part of the enterprise platform, driving usage and value capture [25] Question: Seasonal growth expectations for Q1 - Management acknowledged that Q4 typically has fewer selling days, but they expect to maximize opportunities as they enter 2026 [28] Question: Impact of new carrier contracts on revenue - Management expects significant volume growth from new carrier contracts, particularly in the MiFi market [34] Question: Competitive landscape and market share gains - Management believes they are well-positioned to capitalize on opportunities arising from regulatory changes favoring domestic suppliers [40] Question: Feedback on Inseego Connect API - Positive feedback was received regarding the APIs, which are expected to enhance service revenue attach rates [42]