Inseego: Q2 Earnings Snapshot
By AP News
Published - Aug 08, 2024, 10:12 AM ET
Last Updated - Aug 08, 2024, 10:12 AM EDT
SAN DIEGO (AP) — SAN DIEGO (AP) — Inseego Corp. (INSG) on Wednesday reported net income of $624,000 in its second quarter.
The San Diego-based company said it had net loss of 2 cents per share. Earnings, adjusted for stock option expense, came to 4 cents per share.
The holding company posted revenue of $59.1 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $53.6 million.
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