Inseego delivered strong results in Q2 2025, exceeding revenue and Adjusted EBITDA guidance. The company achieved $40.2 million in revenue and $4.7 million in Adjusted EBITDA, alongside positive GAAP Net Income of $0.5 million. Key achievements include the successful launch of the FX4100 router, renewal of MiFi product agreements with existing Tier 1 carriers, and the addition of a new Tier 1 carrier customer.
Inseego Corp. reported Q1 2025 revenue of $31.7 million and positive Adjusted EBITDA of $3.7 million, marking the ninth consecutive quarter of positive Adjusted EBITDA. The company delivered results within expectations, maintained strong adjusted EBITDA profitability, and made progress on strategic initiatives including repaying convertible debt.
Inseego Corp. reported Q4 2024 revenue of $48.1 million, with a positive Adjusted EBITDA of $5.4 million and GAAP Operating Income of $1.8 million. The company also completed the sale of its telematics business for $52.7 million in cash and restructured its convertible debt, significantly reducing its debt.
Inseego Corp. reported Q3 2024 financial results with revenue of $61.9 million, positive Adjusted EBITDA of $9.3 million, and GAAP Net Income of $9.0 million. The company agreed to sell its telematics business for $52.0 million in cash and executed a convertible debt restructuring.
Inseego reported a revenue of $59.1 million and a GAAP net income of $0.6 million for Q2 2024. The company also achieved a positive Adjusted EBITDA of $8.4 million and significantly reduced its debt through restructuring.
Inseego reported Q1 2024 revenue of $45.0 million, a GAAP net loss of $4.5 million, and a positive Adjusted EBITDA of $3.8 million. The company exceeded guidance for both revenue and Adjusted EBITDA and also voluntarily paid off and terminated its ABL facility.
Inseego Corp. reported Q4 2023 revenue of $42.8 million, a GAAP operating loss of $11.1 million, a GAAP net loss of $14.3 million, and adjusted EBITDA of $4.1 million. The company's unrestricted cash and cash equivalents were $7.5 million at the end of the quarter. Ashish Sharma has resigned as CEO and President, and Philip Brace has been appointed Executive Chairman.
Inseego reported Q3 2023 total revenue of $48.6 million with a GAAP operating loss of $18.4 million and a GAAP net loss of $21.8 million, but delivered positive adjusted EBITDA of $4.0 million. The company is focused on maintaining profitability while transitioning from 4G to 5G.
Inseego reported Q2 2023 results with net revenue of $53.6 million, a GAAP operating loss of $3.3 million, and a GAAP net loss of $4.9 million. The company achieved positive adjusted EBITDA of $4.5 million and positive operating cash flow. FWA and cloud solutions comprised 65% of revenue, up 42% year-over-year.
Inseego Corp. reported a positive first quarter, achieving positive operating cash flow and an adjusted EBITDA of $4.1 million. The company's FWA and cloud solutions business comprised 53% of revenue, marking a 35% year-over-year increase. Gross margin improved to 36% due to the strength of FWA and cloud business.
Inseego Corp. reported Q4 2022 net revenue of $52.9 million, a GAAP operating loss of $14.2 million, and a GAAP net loss of $15.3 million, with FWA business comprising 30% of revenue and cloud software comprising 27% of revenue.
Inseego Corp. reported third quarter net revenue of $69.2 million, a GAAP operating loss of $11.9 million, and a GAAP net loss of $15.7 million, or $0.15 per share. The company's enterprise FWA business now represents 13% of revenue, and they signed up hundreds of new customers for 5G FWA solutions.
Inseego Corp. reported second quarter net revenue of $61.9 million, a GAAP operating loss of $10.0 million, and a GAAP net loss of $12.4 million. The company is focusing on expanding gross margins and managing expenses to approach cash flow breakeven by the end of the year.
Inseego Corp. reported first quarter net revenue of $61.4 million, a GAAP operating loss of $21.8 million, and a GAAP net loss of $25.9 million, or $0.24 per share. The company's 5G revenue increased by 142% year-over-year, and 5G and software solutions accounted for 67% of total revenue.
Inseego Corp. reported Q4 net revenue of $72.9 million, a GAAP operating loss of $9.8 million, and a GAAP net loss of $11.4 million. The company's 5G and cloud solutions accounted for 58% of total revenue during the quarter. Ashish Sharma was appointed CEO, and Dan Mondor became Executive Chairman.
Inseego Corp. reported third quarter net revenue of $66.2 million, a GAAP operating loss of $10.0 million, and a GAAP net loss of $9.0 million, or $0.09 per share. The company's cash and cash equivalents at quarter end, including restricted cash, was $61.6 million.
Inseego reported Q1 net revenue of $57.6 million, a GAAP operating loss of $16.2 million, and a GAAP net loss of $17.0 million. The company's transformation into a pure-play 5G solution company continues, with significant year-over-year growth in 5G and SaaS revenue and improving gross margins.
Inseego Corp. reported Q4 net revenue of $86.1 million, GAAP operating loss of $8.6 million, GAAP net loss of $12.7 million, GAAP net loss of $0.14 per share, adjusted EBITDA of $7.0 million, and non-GAAP net loss of $0.07 per share. Year-end cash and cash equivalents were $40.0 million.
Inseego Corp. reported a strong third quarter with a 44% year-over-year revenue increase to $90.2 million and achieved positive free cash flow. The company's adjusted EBITDA was $7.4 million, and it reported non-GAAP earnings of $0.01 per share.
Inseego Corp. reported a strong second quarter with a 44% year-over-year revenue increase, driven by demand for 4G and 5G products. The company also strengthened its balance sheet by refinancing its debt.
Inseego Corp. reported first quarter revenue of $56.8 million, a 17.1% year-over-year growth. The company's GAAP operating loss was $7.7 million, with a GAAP net loss of $18.2 million, or $0.20 per share. The company had $30.5 million in cash and cash equivalents at quarter end.
Inseego Corp. reported Q4 revenue of $52.3 million, a GAAP operating loss of $8.7 million, and a GAAP net loss of $13.1 million, or $0.17 per share. The company's cash and cash equivalents at year end were $12.1 million.