Inseego (NASDAQ:INSG - Get Free Report) is expected to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce 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 issued its 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). Inseego had a net margin of 2.22% and a negative return on equity of 4.08%. The business had revenue of $48.09 million during the quarter, compared to analyst estimates of $45.56 million.
Inseego Price Performance
Inseego stock traded up $0.16 during trading on Tuesday, reaching $8.26. 12,004 shares of the company were exchanged, compared to its average volume of 195,830. The stock's 50 day simple moving average is $8.46 and its two-hundred day simple moving average is $11.32. The company has a market capitalization of $123.93 million, a P/E ratio of -13.31 and a beta of 1.15. Inseego has a 52-week low of $3.64 and a 52-week high of $20.67.
Analyst Upgrades and Downgrades
Separately, Stifel Nicolaus lowered their price target on Inseego from $11.00 to $8.00 and set a "hold" rating for the company in a research report on Thursday, April 17th.
View 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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