Inseego (INSG)
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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
Core Viewpoint - Inseego Corp. has successfully completed a significant milestone in its capital structure management by paying off approximately $15 million in convertible notes due 2025, which contributes to a substantial reduction in the company's overall debt [1][2]. Debt Management - The pay-off of the 2025 Convertible Notes marks a key initiative to materially reduce the company's debt, with total debt reduced by over $100 million, or approximately 75%, over the past 12 months [2]. - Following the pay-off, Inseego has approximately $40.9 million in outstanding debt from its new senior 9.0% secured notes due in 2029 [1]. Financial Guidance - The company has confirmed that there is no change to its financial guidance for the first quarter of 2025, which ended on March 31, 2025, and will report its financial results on May 8, 2025 [2]. Company Overview - Inseego Corp. is recognized as a leader in 5G Enterprise cloud WAN solutions, serving millions of end customers and thousands of enterprise and SMB customers with its 4G, 5G, and cloud platforms [3]. - The company's 5G Edge Cloud integrates advanced 5G technology with cloud networking features and intelligent edge applications, enhancing business operations and securing enterprise data [3].
Inseego's 5G Wireless Broadband Solutions Now Verizon Frontline-Verified for Public Safety and Mission-Critical Communications
Newsfilter· 2025-04-22 20:15
Core Insights - Inseego Corp. has achieved the "Verizon Frontline-Verified" designation for four of its products, highlighting their reliability and performance for public safety networks [1][3] - The certification ensures that Inseego's solutions provide essential connectivity for first responders, enhancing their operational efficiency during emergencies [1][4] Group 1: Product Certification and Features - The Verizon Frontline-Verified program aims to support first responders by providing rigorously tested communication products that meet strict performance and safety standards [3] - Inseego's certified devices ensure secure and reliable communication during emergencies, with FIPS140-2 certification guaranteeing data security [3][4] Group 2: Company Positioning and Commitment - Inseego reinforces its leadership in providing advanced connectivity solutions tailored for first responders and mission-critical operations [4] - The company emphasizes its commitment to delivering best-in-class, secure, and reliable solutions for public safety professionals [3] Group 3: Company Overview - Inseego Corp. is recognized as a leader in 5G Enterprise cloud WAN solutions, serving millions of end customers and thousands of enterprise and SMB clients [5] - The company's 5G Edge Cloud integrates top-tier 5G technology with cloud networking features, enhancing business outcomes through intelligent operational visibility [5]
Inseego's 5G Wireless Broadband Solutions Now Verizon Frontline-Verified for Public Safety and Mission-Critical Communications
Globenewswire· 2025-04-22 20:15
Core Insights - Inseego Corp. has announced that four of its products have received the "Verizon Frontline-Verified" designation, highlighting their reliability and performance for public safety networks [1][3] - The certification ensures that Inseego's solutions provide essential connectivity features for first responders, enhancing their ability to respond effectively during emergencies [1][3] Product Details - The certified products include the Inseego MiFi® X PRO 5G mobile hotspot, Inseego Wavemaker™ 5G cellular router FX3110, Inseego Wavemaker™ 5G mmW outdoor CPE FW2010, and Inseego Wavemaker™ 5G outdoor CPE FW2000 [5] - These devices are designed to operate seamlessly on Verizon's network, ensuring secure and reliable communication during critical operations [3][4] Industry Position - This milestone reinforces Inseego's leadership in providing advanced connectivity solutions that are TAA compliant and tailored for first responders [4] - The company's products are built to perform in demanding environments, ensuring continuous communication that aids in decision-making and improves information delivery to first responders [4] Security Assurance - All Inseego Verizon Frontline Verified routers have achieved FIPS140-2 certification, ensuring that public sector data is secure and protected from unauthorized access [3]
Inseego Corp. to Report First Quarter 2025 Financial Results on May 8, 2025
Globenewswire· 2025-04-17 20:05
Core Viewpoint - Inseego Corp. will release its financial results for Q1 2025 on May 8, 2025, after market close, highlighting its ongoing commitment to transparency and investor communication [1][2]. Financial Results Announcement - The financial results will be available on Inseego's website and filed on EDGAR [2]. - A conference call to discuss the results and business outlook will take place on the same day at 5:00 p.m. Eastern Time [3]. Conference Call Details - The conference call can be accessed via a dedicated phone line or through a live audio webcast on the company's investor relations page [3]. - An audio replay of the conference call will be available for two weeks following the event [4]. Company Overview - Inseego Corp. is a leader in 5G mobile and fixed wireless solutions, serving mobile network operators, Fortune 500 companies, and SMBs [1][5]. - The company offers a 5G Edge Cloud that integrates advanced 5G technology with cloud networking features and intelligent edge applications [5].
Wireless Industry Veteran Ryan Sullivan Joins Inseego as Senior Vice President of Carrier Product Management
Globenewswire· 2025-04-15 20:05
Core Insights - Inseego Corp. has appointed Ryan Sullivan as Senior Vice President of Carrier Product Management to enhance its carrier-focused product innovation and strengthen market position [1][3] Company Overview - Inseego Corp. is a leader in wireless broadband, 5G mobile, and fixed wireless access (FWA) solutions, with a significant customer base including millions of end customers and thousands of enterprise and SMB customers [4] Leadership Appointment - Ryan Sullivan brings over two decades of experience in wireless and telecommunications, previously leading Product Engineering and Development for T-Mobile, where he managed global product roadmaps for connected devices [2][3] - His expertise in aligning product innovation with carrier requirements is expected to enhance Inseego's relationships with service providers and drive growth through tailored solutions [2][3] Strategic Focus - Sullivan's leadership will focus on advancing Inseego's carrier-specific portfolio to meet evolving service provider needs, particularly as the company deploys 5G-Advanced products and innovates towards the 6G era [6] - The strategic alignment of product roadmaps will address emerging market trends and carrier network advancements, positioning Inseego as a preferred partner for mobile network operators and enterprise channel partners [6] Innovation and Technology - Inseego is committed to integrating Artificial Intelligence (AI) capabilities into its mobile broadband and enterprise FWA solutions to transform wireless traffic prioritization [6]
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 ...
Inseego Unveils Next-Generation 5G Advanced Wireless Broadband Solutions Based on Qualcomm Dragonwing Platforms
Newsfilter· 2025-03-03 07:05
Core Insights - Inseego Corp. has unveiled its next-generation portfolio of 5G Advanced Mobile Broadband and Fixed Wireless Access (FWA) solutions, leveraging Qualcomm's Dragonwing™ FWA Gen 4 Elite platform, positioning itself as a leader in AI-driven 5G connectivity [1][2][3] Product Launch and Features - The company showcased the FX5000 cellular router, which completed its first live data call, as part of its strategy to scale the FWA business and target enterprise and industrial segments [2][3] - Inseego also introduced the M5000 5G Advanced MiFi® mobile hotspot, featuring the Qualcomm® X85 5G Modem-RF System, aimed at providing secure and reliable mobile broadband experiences [3][4] Technological Advancements - The new 5G Advanced solutions incorporate AI features, enhancing connectivity and user experiences, and enabling next-generation applications that require efficient communication [4][5] - Key benefits include download speeds exceeding 11 Gbps and upload speeds over 3.7 Gbps, with support for up to 6 CC carrier aggregation in 5G Sub6, optimizing spectrum utilization [5] - Enhanced Wi-Fi traffic management and AI-driven data prioritization improve network performance and user experience [5] Strategic Vision - The company aims to solidify its leadership as a wireless broadband partner for mobile operators and businesses, capitalizing on advancements in both devices and networks as 5G evolves towards 6G [3][4] - Inseego Connect™, a cloud-based device management platform, offers businesses enhanced visibility and control over their mobile broadband and FWA devices, promoting flexibility and scalability [5]
Inseego Unveils Next-Generation 5G Advanced Wireless Broadband Solutions Based on Qualcomm Dragonwing Platforms
Globenewswire· 2025-03-03 07:05
Core Insights - Inseego Corp. has unveiled its next-generation portfolio of 5G Advanced Mobile Broadband and Fixed Wireless Access (FWA) solutions, leveraging Qualcomm's Dragonwing™ FWA Gen 4 Elite platform, positioning itself as a leader in AI-driven 5G connectivity [1][2][3] Product Launch and Features - The company showcased the FX5000 cellular router, which completed its first live data call, as part of its strategy to scale the FWA business and target enterprise and industrial segments [2][3] - Inseego also introduced the M5000 5G Advanced MiFi® mobile hotspot, featuring the Qualcomm® X85 5G Modem-RF System, aimed at providing secure and reliable mobile broadband experiences [3] Technological Advancements - The new 5G Advanced solutions incorporate AI features, enhancing connectivity and user experiences, and enabling next-generation applications that require efficient communication [4] - Key benefits include download speeds exceeding 11 Gbps and upload speeds over 3.7 Gbps, with support for up to 6 CC carrier aggregation in 5G Sub6, optimizing spectrum utilization [5] - Enhanced Wi-Fi traffic management and AI-driven data prioritization improve network performance and user experience [5] Strategic Vision - The company aims to solidify its leadership as a wireless broadband partner for mobile operators and businesses, capitalizing on advancements in both devices and networks as 5G evolves towards 6G [3][4] - Inseego Connect™, a cloud-based device management platform, offers businesses enhanced visibility and control over their mobile broadband and FWA devices, promoting flexibility and scalability [5]