UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For fiscal year ended December 31, 2023 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 Incorporation or Organ ...

Exhibit 99.1 Inseego reports Fourth Quarter and Full Year 2023 Financial Results and announces CEO transition Q4 2023 revenue of $42.8 million Q4 2023 Adjusted EBITDA of $4.1 million Fourth consecutive quarter of positive Adjusted EBITDA with $16.7 million in positive Adjusted EBITDA in 2023 Philip Brace appointed Executive Chairman SAN DIEGO—February 21, 2024—Inseego Corp. (Nasdaq: INSG) (the "Company"), a technology leader in 5G and 4G mobile and fixed wireless solutions for mobile network operators, Fort ...

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, 2023 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 ...

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 June 30, 2023 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 Incorporatio ...

Inseego Corp. (NASDAQ:INSG) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Ashish Sharma - Chief Executive Officer Robert Barbieri - Chief Financial Officer Conference Call Participants Scott Searle - ROTH Capital Partners Lance Vitanza - Cowen & Company Jeremy Kwan - Stifel Operator Hello and welcome to Inseego Corp.'s Second Quarter 2023 Financial Results Conference Call. Please note that today's event is being recorded. [Operator Instructions] On the call today are Ashish ...

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 March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Registrant's telephone number, including area code: (858) 812-3400 Securities registered pursuant to Section 12(b) of the Act: | Title of each class | Trading Symbol( ...

Financial Data and Key Metrics Changes - In Q1 2023, the company reported revenue of $50.8 million, a decrease of 17% year-over-year, primarily due to lower sales of legacy hotspot products [16] - Adjusted EBITDA reached $4.1 million, marking the highest in recent company history, driven by a better mix of FWA and software solutions [33] - Consolidated gross margin improved to 36.1%, up 580 basis points sequentially and 810 basis points year-over-year [17] Business Line Data and Key Metrics Changes - FWA and cloud software business accounted for 53% of total revenue, growing 35% compared to the prior year [16] - Revenue from IoT & Mobile Solutions was $43.6 million, down 20% from the same period last year, while Enterprise SaaS solution revenue was $7.2 million, up 10% sequentially and 5% year-over-year [37] - Gross margin for the IoT and mobile business was 33.4%, up from 28% in the prior quarter and 24% in the prior year [38] Market Data and Key Metrics Changes - The demand for FWA services is increasing, with carrier customers experiencing growth faster than traditional smartphone subscriptions [10] - The company is seeing customer use cases across various industries, including retail, hospitality, and government, indicating a broad market appeal for FWA solutions [14] Company Strategy and Development Direction - The company is focused on transitioning to a higher-margin enterprise-focused model, with a disciplined approach to maintaining operating expenses [35] - The strategy includes capturing a significant share of the growing 5G market, with an emphasis on delivering high-quality products that meet customer needs [12] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the strong backlog of orders for FWA in Q2, indicating a stronger start compared to previous quarters [23] - The company aims to achieve and grow positive free cash flow on a sustained basis, with expectations of mid-30s gross margins becoming the new normal [13][35] Other Important Information - Cash, cash equivalents, and restricted cash at the end of Q1 were $8.7 million, an increase from $7.1 million in the prior quarter [19] - Cost reduction efforts resulted in annual savings exceeding $30 million, contributing to improved profitability [5] Q&A Session Summary Question: Has the good performance in Q1 spilled over into April? - Management confirmed a strong backlog of orders for FWA in Q2, indicating a stronger start than previous quarters [23] Question: Will future quarters be stronger than Q1? - Management noted that while there is strength moving into Q2, variability may occur based on product mix and customer deployments [24] Question: Any updates on extending the maturity of the EBL? - Management discussed past actions taken regarding inventory and lead times, indicating ongoing internal conversations about the EBL [25] Question: What is the competitive landscape like? - Management stated that the ecosystem for FWA solutions is difficult to enter, with significant barriers to entry, and expressed confidence in their competitive position [29]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For fiscal year ended December 31, 2022 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. Delaware 81-3377646 (State or Other Jurisdiction of Incorporation or Organization) 9710 Scranton Road, Suite 200 San Diego, Calif ...

Financial Data and Key Metrics Changes - Q4 revenue was $52.9 million, down 27% from the prior year, primarily due to lower sales of legacy hotspot products [36] - Non-GAAP net loss for Q4 was $11.8 million or $0.11 per share, consistent with the prior quarter and a loss of $0.08 per share in the year-ago quarter [38] - Consolidated gross margin improved to 30.3%, up 390 basis points from Q3 and 490 basis points from Q4 last year [61] Business Line Data and Key Metrics Changes - The FWA business now accounts for 30% of total revenue, growing 122% year-over-year [36][26] - Enterprise SaaS solutions revenue was $6.6 million, relatively flat both sequentially and year-over-year [22] - The hotspot business represented approximately 6% of overall revenue, down from 38% a year ago [72] Market Data and Key Metrics Changes - The company has exited several international markets where 5G service offerings have not developed quickly enough, such as Japan [14][7] - The enterprise FWA market is gradually evolving, with significant interest from large enterprise customers [13][19] Company Strategy and Development Direction - The company is focused on transforming into an enterprise fixed wireless access company, with a strong emphasis on cost reduction and efficiency [26][28] - Management is prioritizing high-margin enterprise opportunities and reducing reliance on lower-margin hotspot products [29][31] - The company expects to reach cash flow positive by Q2 2023, driven by growth in high-margin enterprise business and cost actions [30][40] Management's Comments on Operating Environment and Future Outlook - Management acknowledges that the enterprise FWA market is still in its early stages but is seeing positive signs of growth and customer adoption [71][59] - The company anticipates seasonal trends in revenue, with a slight decline expected from Q4 to Q1 before ramping up in the latter half of the year [41][42] - Management remains cautious about the pace of transition from 4G to 5G products among carrier partners [66] Other Important Information - The company has eliminated approximately $32 million in annualized cash spend from its cost structure as it enters 2023 [15] - Cash, cash equivalents, and restricted cash at the end of Q4 were $7.1 million, impacted by year-end payroll and one-time expenses [64] Q&A Session Summary Question: What is the visibility on carriers becoming more aggressive in pushing 5G fixed wireless access? - Management noted that there has been progress in coverage from all three carriers, and large enterprise customers are expanding their pilot programs [45] Question: What does normalized OpEx look like going forward? - Management indicated that Q4 OpEx was below $22 million and expects it to be around $17 million by Q2, with significant cost reductions implemented [48][73] Question: Can you provide commentary on backlog and order trends? - Management stated that the health of the pipeline for FWA business is strong, with variability in the business due to the transition from 4G to 5G [52] Question: What is the expected growth for the FWA business in the next 12 to 18 months? - Management anticipates that FWA could represent 60% to 70% of revenue in the next 12 to 18 months, with growth across various verticals [91]

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, 2022 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 ...