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Jun 30, 2024
Inseego Q2 2024 Earnings Report
Inseego's Q2 2024 financial results were reported, featuring a revenue of $59.1 million and a GAAP net income of $0.6 million.
Key Takeaways
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.
Reported Q2 2024 revenue of $59.1 million.
Achieved GAAP net income of $0.6 million.
Generated positive Adjusted EBITDA of $8.4 million.
Restructured 88% of outstanding convertible notes, reducing debt by approximately $142 million.
Revenue by Segment
Forward Guidance
The company did not provide specific forward guidance in the text.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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