27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Inseego (NASDAQ:INSG) reported its Q2 earnings results on Monday, August 8, 2022 at 04:01 PM.
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Here's what investors need to know about the announcement.
Earnings
Inseego beat estimated earnings by 18.18%, reporting an EPS of $-0.09 versus an estimate of $-0.11.
Revenue was down $3.84 million from the same period last year.
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Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 24.67% drop in the share price the next day.
Here's a look at Inseego's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.11 | -0.06 | -0.07 | -0.08 |
| EPS Actual | -0.11 | -0.08 | -0.08 | -0.08 |
| Revenue Estimate | 62.64M | 71.19M | 65.52M | 57.82M |
| Revenue Actual | 61.38M | 72.89M | 66.22M | 65.69M |
To track all earnings releases for Inseego visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.