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Inseego (INSG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
INSGInseego (INSG) ZACKS·2024-08-08 01:01

Inseego (INSG) reported 59.15millioninrevenueforthequarterendedJune2024,representingayearoveryearincreaseof10.459.15 million in revenue for the quarter ended June 2024, representing a year-overyear increase of 10.4%. EPS of 0.04 for the same period compares to -0.20ayearago.Thereportedrevenuerepresentsasurpriseof+10.290.20 a year ago. The reported revenue represents a surprise of +10.29% over the Zacks Consensus Estimate of 53.63 million. With the consensus EPS estimate being $0.03, the EPS surprise was +33.33%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...