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Dec 31, 2019
Inseego Q4 2019 Earnings Report
Reported fourth quarter and full year results.
Key Takeaways
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.
Signed 5G product agreements with leading mobile network operators worldwide, exceeding 2019 target
5G trials with 20 global mobile network operators
Significantly strengthened balance sheet
Launched first-to-market 5G products, recognized nearly $11 million of 5G revenue and signed 5G product agreements with leading mobile network operators in North America, Europe, the Middle East and Asia Pacific, exceeding our target for the year.
Forward Guidance
Company sets the stage for growth in the second half of 2020 with its second-generation portfolio of secure, enterprise-grade 5G products for fixed wireless, mobile and IoT edge applications
Historical Earnings Impact
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Avg. Return Before/After Earnings
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