Loading...
•
Dec 31, 2021
Inseego Q4 2021 Earnings Report
Reported fourth quarter and full year results, with focus on 5G revenue growth and enterprise pipeline development.
Key Takeaways
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.
Q4 2021 net revenue was $72.9 million.
GAAP operating loss was $9.8 million.
GAAP net loss was $11.4 million, or $0.11 per share.
Year-end cash and cash equivalents was $49.8 million.
Forward Guidance
Inseego expects operating leverage will drive free cash generation in the back half of 2022.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...