Inseego (NASDAQ:INSG - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, May 8th. Analysts expect Inseego to post earnings of ($0.07) per share and revenue of $32.06 million for the quarter. Inseego has set its Q1 2025 guidance at EPS.
Inseego (NASDAQ:INSG - Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The technology company reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of $0.02 by ($0.06). The business had revenue of $48.09 million for the quarter, compared to the consensus estimate of $45.56 million. Inseego had a net margin of 2.22% and a negative return on equity of 4.08%.
Inseego Stock Performance
INSG traded up $0.01 during midday trading on Friday, reaching $8.24. 77,517 shares of the company were exchanged, compared to its average volume of 196,928. The company has a market cap of $123.65 million, a price-to-earnings ratio of -13.29 and a beta of 1.79. The company's fifty day moving average price is $8.52 and its 200 day moving average price is $11.51. Inseego has a one year low of $3.59 and a one year high of $20.67.
Analysts Set New Price Targets
Separately, Stifel Nicolaus cut their price target on Inseego from $11.00 to $8.00 and set a "hold" rating for the company in a report on Thursday, April 17th.
Read Our Latest Stock Analysis on Inseego
Inseego Company Profile
(
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Inseego Corp. engages in the design and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions for businesses, consumers, and governments worldwide. The company provides 5G and 4G mobile broadband solutions, such as mobile hotspots under the MiFi brand; and 4G VoLTE products and 4G USB modems.
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