Inseego: Q2 Earnings Insights

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Inseego INSG reported its Q2 earnings results on Monday, August 8, 2022 at 04:01 PM.

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.

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.

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Posted In: EarningsBZI-Recaps
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