Inseego Corp. (INSG) Reports In-Line Q2 EPS
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Inseego Reports Second Quarter 2018 Financial Results
August 7, 2018 4:10 PM EDT
Achieves Annualized Adjusted EBITDA Run Rate in Excess of $15 Million
Reduces
GAAP Year-Over-Year Operating Loss from $5.6 Million to $0.8 Million
Closes
$19.7 Million Financing Led by Tavistock Group
Meets the Top
End of Guidance with Sequential Revenue and Adjusted EBITDA Growth
SAN DIEGO--(BUSINESS WIRE)-- Inseego Corp. (Nasdaq: INSG) (the Company), an industry leader in solutions for intelligent mobile enterprises, today reported the following results for the second quarter ended June 30, 2018. The Company reports second quarter revenues of $49.1 million, GAAP operating loss of $0.8Â million, GAAP net loss of... More
