Inseego Corp. (INSG) Reports In-Line Q1 EPS, Offers Q2 Guidance
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Inseego Reports First Quarter 2019 Financial Results
May 8, 2019 4:05 PM EDTRevenue and earnings within guidance
Rapid expansion of global 5G customer opportunities
SAN DIEGO--(BUSINESS WIRE)-- Inseego Corp. (Nasdaq: INSG) (the Company), a pioneer in 5G and intelligent IoT device-to-cloud solutions, today reported the following results for the first quarter ended March31, 2019. The Company reports first-quarter revenues of $48.6 million, GAAP operating loss of $2.5million, GAAP net loss of $7.5million, or net loss of $0.10 per share, adjusted EBITDA of $2.1million and non-GAAP net loss of $0.03 per share. Cash and cash equivalents at the end of the period, including... More
