Inseego: Q3 Earnings Snapshot
By AP News
Published - Nov 12, 2024, 05:06 PM ET
Last Updated - Dec 16, 2024, 05:28 PM EST
SAN DIEGO (AP) — SAN DIEGO (AP) — Inseego Corp. (INSG) on Tuesday reported earnings of $9 million in its third quarter.
The San Diego-based company said it had net loss of 6 cents per share. Losses, adjusted to account for discontinued operations, came to 7 cents per share.
The holding company posted revenue of $54 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $56.3 million.
For the current quarter ending in December, Inseego said it expects revenue in the range of $43 million to $47 million.
