Financial Data and Key Metrics Changes - Revenue for Q3 2022 was $69.2 million, reflecting a 9% increase year-over-year and a 12% increase sequentially [24] - Adjusted EBITDA loss was $2.5 million, which was lower than anticipated due to higher supply chain costs and a non-cash adjustment to R&D expenses [9][29] - Gross margin decreased to 26.3% from 29.5% in Q2 and 28.2% in Q3 of the previous year [26] Business Line Data and Key Metrics Changes - 5G revenue increased by 22% year-over-year, now comprising 49% of total revenue [10] - Software solutions represented 21% of total revenue in Q3 [10] - IoT & Mobile Solutions revenue was $62.6 million, up 10.1% from the same period last year, driven by the MiFi X Pro launch [25] Market Data and Key Metrics Changes - The enterprise Fixed Wireless Access (FWA) business accounted for over 13% of revenue, with a strong margin profile exceeding 40% [11][27] - The company sold 5G products to over 600 enterprises this year, with the enterprise customer base exceeding 1,000 [12] Company Strategy and Development Direction - The company is transitioning from a hotspot manufacturer to a provider of comprehensive connectivity solutions, focusing on enterprise markets [6] - Significant investments have been made in product development and go-to-market initiatives to position the company as a leader in 5G FWA solutions [14] - The company aims to approach cash flow breakeven by year-end, driven by enterprise FWA growth and cost management [11][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in approaching cash flow breakeven by year-end, citing strong enterprise FWA growth and cost reductions [21][32] - The company does not foresee significant headwinds affecting margins in the upcoming quarter [47] - Management noted that 5G is seen as essential for enterprises, with no slowdown in demand despite macroeconomic concerns [60] Other Important Information - Cash, cash equivalents, and restricted cash at the end of Q3 were $18.1 million, with expectations for lower cash usage moving forward [30][31] - The company has taken out approximately $20 million in costs year-to-date and plans to continue managing expenses tightly [15][50] Q&A Session Summary Question: Breakdown of IoT services revenue increase - Management indicated that the revenue increase was driven by the new hotspot launch with Telstra and growth in enterprise FWA revenue [39] Question: Changes in unit pricing and revenue components - Management clarified that the increase in revenue was primarily due to unit sales rather than pricing changes, with a focus on higher-margin enterprise FWA business [40][41] Question: Visibility on gross margin and potential one-time costs - Management expressed confidence in improved margins for the next quarter, stating that they do not expect similar headwinds to recur [47] Question: Minimum cash balance and convertible note maturity - Management discussed their confidence in cash management and the ability to operate without relying heavily on the revolver [50][52] Question: International revenue percentage and enterprise buyer hesitancy - Management noted that international revenue was over 10% this quarter, primarily due to the Telstra launch, and reported no slowdown in enterprise demand for 5G [58][60]

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, 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 Incorporatio ...

Inseego Corp. (NASDAQ:INSG) Q2 2022 Earnings Conference Call August 8, 2022 5:00 PM ET Company Participants Ashish Sharma - Chief Executive Officer Bob Barbieri - Chief Financial Officer Conference Call Participants Tore Svanberg - Stifel Scott Searles - ROTH Capital Mike Walkley - Canaccord Genuity Aditya Dagaonkar - Northland Capital Markets Operator Hello, and welcome to Inseego Corp's Second Quarter 2022 Financial Results Conference Call. Please note today's event is being recorded. All participants tod ...

Inseego Corp. (NASDAQ:INSG) Q1 2022 Earnings Conference Call May 4, 2022 5:00 PM ET Corporate Participants Ashish Sharma - Chief Executive Officer Bob Barbieri - Chief Financial Officer Conference Call Participants Lance Vitanza - Cowen and Company Operator Hello, and welcome to Inseego Corp's First Quarter 2022 Financial Results Conference Call. Please note today's event is being recorded. All participants will be in a listen-only mode. [Operator Instructions] After today's presentation, there will be an o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the quarterly period ended March 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. (Exact name of registrant as specified in its charter) Delaware 81-3377646 (State or Other Jurisdiction of Incorporation or Organization) Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES E ...

Inseego Corp. (NASDAQ:INSG) Q4 2021 Earnings Conference Call March 1, 2022 5:00 PM ET Company Participants Dan Mondor - Chairman & Chief Executive Officer Ashish Sharma - President Bob Barbieri - Chief Financial Officer Conference Call Participants Scott Searle - ROTH Capital Mike Walkley - Canaccord Genuity Mike Latimore - Northland Capital Markets Operator Hello, and welcome to Inseego Corp's Fourth Quarter and Full Year 2021 Financial Results Conference Call. Please note that today's event is being recor ...

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, 2021 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) (State or Other Jurisdiction of Incorporation or Organization) 12600 Deerf ...

| --- | --- | --- | --- | |-------|-------------------------------------------------|-------|-------| | | | | | | | | | | | | 24TH ANNUAL NEEDHAM VIRTUAL GROWTH CONFERENCE | | | | | DAN MONDOR, CHAIRMAN & CEO | | | | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ...

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, 2021 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 Corp. (NASDAQ:INSG) Q3 2021 Earnings Conference Call November 3, 2021 5:00 PM ET Company Participants Dan Mondor – Chairman and Chief Executive Officer Ashish Sharma – President Bob Barbieri – Chief Financial Officer Conference Call Participants Lance Vitanza – Cowen & Co. Scott Searle – Roth Capital Operator Hello, and welcome to Inseego Corp's Third Quarter 2021 Financial Results Conference Call. Please note, today's event is being recorded. [Operator Instructions] On the call today are Dan Mondor ...