Inseego (INSG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Inseego reported $48.09 million in revenue for Q4 2024, a year-over-year increase of 12.5$0.04, a significant improvement from -$0.89 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of$45.57 million by 5.53% [1] - The EPS surprise was 100.00% compared to the consensus estimate of $0.02 [1] Revenue Breakdown - Mobile solutions revenue was$25.50 million, surpassing the estimated $23.75 million [4] - Product revenues reached$35.93 million, exceeding the average estimate of $33.20 million [4] - Services and other revenues were$12.16 million, slightly above the estimated $12.15 million [4] - Fixed wireless access solutions generated$10.43 million, compared to the average estimate of $9.40 million [4] Stock Performance - Inseego shares returned +8.3% over the past month, outperforming the Zacks S&P 500 composite's +2.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]