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Inseego (INSG) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-11-07 01:31
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]
Inseego (INSG) - 2025 Q3 - Quarterly Report
2025-11-07 01:24
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-38358 INSEEGO CORP. (Exact name of registrant as specified in its charter) Delaware 81-3377646 (State or Other Jurisdiction of Incorpo ...
Inseego (INSG) Lags Q3 Earnings Estimates
ZACKS· 2025-11-07 01:01
Inseego (INSG) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to a loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -57.14%. A quarter ago, it was expected that this holding company would post earnings of $0.05 per share when it actually produced earnings of $0.06, delivering a surprise of +20%.Over the last four quarters, the company has ...
Inseego (INSG) - 2025 Q3 - Earnings Call Transcript
2025-11-06 23:00
Inseego (NasdaqGS:INSG) Q3 2025 Earnings Call November 06, 2025 05:00 PM ET Speaker0Hello, and welcome to Inseego's third quarter 2025 financial results conference call. Please note that today's event is being recorded. All participants today will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity for Q&A. To ask a question, please press star, then one on your telephon ...
Inseego (INSG) - 2025 Q3 - Earnings Call Presentation
2025-11-06 22:00
Q3 2025 EARNINGS RESULTS Nov 6, 2025 shg comments WIP / NOT COMPLETE question for shg REVIEWED READY FOR REVIEW Inseego Financial Profile | Compelling Improvements & Trajectory Scalable Business Model Strong Gross Margin Delivering Consistent Profitability Generating Cash Flow Driving Sustainable Revenue Growth Diversified Hardware & SaaS Revenue Streams Divested Telematics Portfolio to Focus on Key 5G Growth Areas Materially Reduced Total Debt Including Convert Pay-off 2 READY FOR REVIEW No change Q3 2025 ...
Inseego (INSG) - 2025 Q3 - Quarterly Results
2025-11-06 21:06
Exhibit 99.1 Inseego Reports Third Quarter 2025 Financial Results Q3 2025 revenue of $45.9 million, second consecutive quarter of sequential growth Q3 2025 Adjusted EBITDA of $5.8 million and GAAP Net Income of $1.4 million Nabil Bukhari and Stephen Bye join Inseego Board of Directors SAN DIEGO—November 6, 2025—Inseego Corp. (Nasdaq: INSG) (the "Company"), a global leader in 5G mobile broadband and 5G fixed wireless access (FWA) solutions, today reported its results for the third quarter of 2025 ended Septe ...
Inseego Reports Third Quarter 2025 Financial Results
Globenewswire· 2025-11-06 21:05
Q3 2025 revenue of $45.9 million, second consecutive quarter of sequential growthQ3 2025 Adjusted EBITDA of $5.8 million and GAAP Net Income of $1.4 millionNabil Bukhari and Stephen Bye join Inseego Board of Directors SAN DIEGO, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG) (the “Company”), a global leader in 5G mobile broadband and 5G fixed wireless access (FWA) solutions, today reported its results for the third quarter of 2025 ended September 30, 2025. “Q3 was another strong quarter for ...
Inseego Strengthens Board of Directors with Experienced Operational Leaders in Carrier, AI, and SaaS
Globenewswire· 2025-11-03 13:00
Core Insights - Inseego Corp. has appointed Nabil Bukhari and Stephen Bye to its Board of Directors, enhancing its leadership in 5G mobile broadband and fixed wireless access solutions [1][2] - The new board members bring extensive experience in wireless networking, SaaS, and AI, which aligns with Inseego's strategy for growth and market expansion [1][2] Group 1: Board Member Profiles - Nabil Bukhari is currently the President of AI Platforms and CTO at Extreme Networks, focusing on AI integration in networking products and has a strong background in SaaS and cloud-based solutions [2][3] - Stephen Bye is the CEO of Ookla and has a history of helping carriers evolve their strategies, with leadership roles at DISH, C Spire, Sprint, and AT&T, providing him with a unique perspective on connectivity monetization [3][4] Group 2: Strategic Focus - Inseego aims to capitalize on the expanding Fixed Wireless Access (FWA) market, with a strong emphasis on technology leadership as 5G Advanced and 6G developments approach [5] - The company has increased its board size from six to eight members to support its strategic growth priorities and leverage the expertise of the new directors [5]
NexQloud Technologies Appoints Robert Barbieri as Chief Executive Officer to Accelerate Next Growth Phase
Globenewswire· 2025-10-31 14:16
Core Insights - NexQloud Technologies has appointed Robert Barbieri as the new CEO, succeeding Mauro Terrinoni, who will now focus on strategic advisory roles [1][2][3] - The leadership change aims to accelerate the company's scaling and growth as it prepares for Seed and Series A funding rounds [2][3] - Barbieri's extensive experience in IPO execution, M&A, and public-company finance is seen as crucial for NexQloud's next growth phase [3][4] Leadership Transition - The Board of Directors initiated the leadership change to better position the company for future growth [2] - Mauro Terrinoni is credited with establishing the foundational technology and market position of NexQloud [1][3] New CEO's Background - Robert Barbieri has a strong background in financial and operational leadership, having previously served as Senior Executive Vice President at Lawson Software and CFO at Inseego [3][4] - His experience includes leading the IPO process at Lawson Software and overseeing a $1.4 billion sale at TriZetto [3] Strategic Focus Areas - Barbieri has outlined three priorities for his tenure: strengthening operational foundations, accelerating enterprise client acquisition, and securing growth capital efficiently [4] - The company aims to leverage its existing strong team to build NexQloud into a category leader in the distributed cloud space [4] Company Overview - NexQloud Technologies is developing a distributed cloud platform that allocates computing workloads across a decentralized network, utilizing blockchain-based governance for security and compliance [6] - The platform is anchored by its Decentralized Kubernetes Service (DKS) [6] Strategic Advantages of Leadership Change - Proven record in leading IPO and M&A transactions will support upcoming fundraising and investor transparency [8] - Experience in regulated technology sectors ensures alignment with enterprise compliance and security requirements [8] - Demonstrated ability to build high-performance organizations will aid in scaling NexQloud's infrastructure [8]
Inseego Redefines Enterprise 5G Fixed Wireless Access (FWA) with the FX4200 Cellular Router and Inseego Connect SaaS
Globenewswire· 2025-10-28 12:05
Core Insights - Inseego Corp. has launched a new 5G hardware platform, the Wavemaker FX4200, along with an updated software suite, Inseego Connect, aimed at providing enterprise-class wireless connectivity for small- and mid-size enterprises [4][5][12] - The new solution addresses the gap between complex, feature-heavy solutions and simplistic consumer products, offering a full-stack wireless platform that combines performance, security, and ease of management [6][10] Product Features - The FX4200 is built on the Qualcomm Dragonwing™ FWA Gen 3 platform, delivering multi-gigabit 5G performance with built-in intelligence and manageability [8] - Key capabilities include zero-touch setup, enterprise security with FIPS 140-3 compliance, and a redesigned mobile app for non-technical users [11][8] - The solution supports Wi-Fi 7 connectivity for up to 256 clients and features automatic failover across cellular and wired WAN for uninterrupted service [11] Market Positioning - Inseego aims to fill the market gap for IT leaders by providing a solution that is powerful yet simple to deploy, catering to various use cases such as retail locations, restaurants, and government offices [7][6] - The FX4200 is designed to expand the addressable market for service providers and resellers, offering cloud-based management and mobile app support for managing thousands of devices [10][14] Availability and Growth Potential - The Inseego FX4200, X700, and Inseego Connect are currently available through Inseego's channel partners, positioning the company for growth in the FWA and 5G business sectors [12][10] - The solution is expected to drive growth by eliminating the tradeoff between complexity and functionality that businesses have faced in the past [5][12]