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Inseego (INSG) - 2025 Q1 - Quarterly Results
2025-05-08 20:10
Exhibit 99.1 Steven Gatoff, Chief Financial Officer of Inseego, added: "We remain focused on driving stockholder value and strengthening the company's financial foundation. We were pleased to fully repay the remaining $15 million stub outstanding on our convertible debt on May 1st, an important step in optimizing our capital structure and enhancing our stockholder value. As we continue executing on our strategy, we remain committed to driving revenue growth, sustaining adjusted EBITDA profitability, and gen ...
Inseego Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-08 20:05
Q1 2025 revenue of $31.7 millionQ1 2025 positive Adjusted EBITDA of $3.7 million and GAAP Net Loss of $1.6 millionNinth consecutive quarter of positive Adjusted EBITDA SAN DIEGO, May 08, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG) (the “Company”), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises and SMBs, today reported its results for the first quarter of 2025 ended March 31, 2025. “My first quarter at Inseego has been productive ...
Seasoned Wireless Industry Leader George Mulhern Joins Inseego's Board of Directors
GlobeNewswire News Room· 2025-05-05 20:10
Core Insights - Inseego Corp. has appointed George Mulhern, a wireless technology executive, to its Board of Directors, enhancing its leadership with his extensive experience in the wireless sector [1][2][3] - Mulhern's previous role as Chairman and CEO of Cradlepoint saw him lead a transformation that increased revenue by approximately 20 times, culminating in a successful acquisition by Ericsson [1][2] - The board size has increased from five to six members with Mulhern classified as an independent director, indicating a strategic move to strengthen governance [3] Company Overview - Inseego Corp. is a leader in 5G Enterprise cloud WAN solutions, serving millions of end customers and thousands of enterprise and SMB customers across its 4G, 5G, and cloud platforms [4] - The company's 5G Edge Cloud integrates advanced 5G technology with cloud networking features and intelligent edge applications, aimed at enhancing business outcomes and operational visibility [4]
Inseego Repays $15 million in Remaining Convertible Notes due 2025
Globenewswire· 2025-05-01 20:05
Company completes key capital structure management milestone in paying off remaining balance of approximately $15 million on convertible notes due 2025SAN DIEGO, May 01, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG) (the “Company”), a global leader in wireless broadband, including 5G mobile broadband, and 5G fixed wireless access (FWA) solutions, today announced that it has completed a major milestone in its overhaul of the Company’s capital structure by paying-off the remaining balance of approxima ...
Inseego's 5G Wireless Broadband Solutions Now Verizon Frontline-Verified for Public Safety and Mission-Critical Communications
Newsfilter· 2025-04-22 20:15
SAN DIEGO, April 22, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (NASDAQ:INSG), a global leader in wireless broadband, including 5G mobile broadband, and 5G fixed wireless access (FWA) solutions, today announced that four of its industry-leading products have earned the "Verizon Frontline-Verified" designation. This recognition demonstrates that Inseego's solutions provide the reliability and performance required for public safety networks, ensuring connectivity priority, preemption, and traffic segmentation for ...
Inseego's 5G Wireless Broadband Solutions Now Verizon Frontline-Verified for Public Safety and Mission-Critical Communications
Globenewswire· 2025-04-22 20:15
Inseego delivers the resilient and high-performance solutions today’s first responders need to keep the public safeSAN DIEGO, April 22, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG), a global leader in wireless broadband, including 5G mobile broadband, and 5G fixed wireless access (FWA) solutions, today announced that four of its industry-leading products have earned the "Verizon Frontline-Verified" designation. This recognition demonstrates that Inseego’s solutions provide the reliability and perfo ...
Inseego Corp. to Report First Quarter 2025 Financial Results on May 8, 2025
Globenewswire· 2025-04-17 20:05
SAN DIEGO, April 17, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises and SMBs, today announced that the company will release its financial results for the first quarter of 2025, ended March 31, 2025, after the financial markets close on May 8, 2025. The financial statements and earnings press release will be made available at www.inseego.com and will be filed under Inseego’s profile on ...
Wireless Industry Veteran Ryan Sullivan Joins Inseego as Senior Vice President of Carrier Product Management
Globenewswire· 2025-04-15 20:05
T-Mobile product innovator is Inseego’s latest leadership addition, driving carrier-focused product innovation and strengthening its market position Ryan Sullivan Senior Vice President of Carrier Product Management, Inseego SAN DIEGO, April 15, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG), a global leader in wireless broadband, 5G mobile, and fixed wireless access (FWA) solutions, today announced the appointment of Ryan Sullivan as Senior Vice President of Carrier Product Management. With over t ...
Inseego: Sell On Aggressive Growth Projections And Elevated Headline Risk
Seeking Alpha· 2025-04-14 17:52
Group 1 - The focus has shifted towards offshore drilling, supply industry, and shipping, including tankers, containers, and dry bulk [1] - The fuel cell industry is being monitored as it is still in its early stages of development [1] Group 2 - The individual has extensive experience in auditing and trading, having navigated significant market events such as the dotcom bubble and the subprime crisis [2] - The research provided aims to maintain high quality despite language barriers [2]
Inseego to Participate in 37th Annual Roth Conference
Globenewswire· 2025-03-10 20:05
SAN DIEGO, March 10, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG) (“Inseego” or the “Company”), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises, and SMBs, will participate in the 37th Annual Roth Conference, taking place March 16-18, 2025, at the Laguna Cliffs Marriott Resort & Spa in Dana Point, California. Inseego Chief Executive Officer Juho Sarvikas and Chief Financial Officer Steven Gatoff will take part in a fireside chat mod ...