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Inseego to Participate in Mobile World Congress 2026
Globenewswire· 2026-02-03 14:13
Showcasing the Latest 5G-Advanced and Software Innovations Powering the Wireless EdgeSAN DIEGO, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG) (the “Company”), a global leader in 5G mobile broadband and 5G fixed wireless access (FWA) solutions, today announced that it will participate in Mobile World Congress Barcelona (MWC 2026), the world’s largest and most influential connectivity event, taking place March 2-5, 2026, in Barcelona, Spain. At MWC 2026, Inseego will engage with customers, pr ...
SPS Commerce Reports Third Quarter 2025 Financial Results
Globenewswire· 2025-10-30 20:05
Core Insights - SPS Commerce achieved its 99th consecutive quarter of revenue growth, with third quarter 2025 revenue increasing by 16% to $189.9 million compared to $163.7 million in the same quarter of 2024 [1][6] - Recurring revenue for the same period grew by 18% year-over-year [1][6] - The company appointed Eduardo Rosini as the new Chief Commercial Officer, succeeding Dan Juckniess, who will retire at the end of 2025 [1][4][5] - A new share repurchase program was announced, authorizing the repurchase of up to $100 million of common stock [1][6] Financial Performance - Net income for Q3 2025 was $25.6 million, or $0.67 per diluted share, compared to $23.5 million, or $0.62 per diluted share in Q3 2024 [6][25] - Non-GAAP income per diluted share increased to $1.13 from $0.92 in the same quarter last year [6][31] - Adjusted EBITDA rose by 25% to $60.5 million compared to Q3 2024 [6][30] Executive Changes - Eduardo Rosini brings over 30 years of experience in growth and customer lifecycle management, previously serving in leadership roles at Sage, Intuit, and Microsoft [4][5] - The transition in leadership is expected to support the company's next phase of growth [5] Share Repurchase Program - The share repurchase program will be effective from December 1, 2025, and will expire on December 1, 2027 [6][7] - The company plans to finance the repurchase program using cash on hand [7] Market Position and Outlook - SPS Commerce is positioned as a leader in retail supply chain cloud services, emphasizing collaboration and automation among trading partners [3] - The company expresses confidence in its sustainable and profitable growth, supported by multiple growth drivers and a large addressable market [3]
MongoDB Shares Gain 2% As Wedbush Lifts Price Target To $400
Financial Modeling Prep· 2025-09-15 19:39
Group 1 - Wedbush raised its price target on MongoDB to $400 from $300 while maintaining an Outperform rating, resulting in a more than 2% increase in shares during intraday trading [1] - The firm noted that MongoDB is expanding its focus on enterprise opportunities, particularly in the U.S., while also maintaining stability in its mid-market business [1] - Analysts believe that the company is well-positioned to take advantage of AI-driven use cases, which are expected to grow significantly in the coming years [1] Group 2 - Wedbush added MongoDB to its Best Ideas List, indicating the firm's view of the company's next growth phase [2]