Inseego: Q4 Earnings Snapshot

SAN DIEGO (AP) — SAN DIEGO (AP) — Inseego Corp. (INSG) on Wednesday reported a loss of $14.6 million in its fourth quarter.

On a per-share basis, the San Diego-based company said it had a loss of 14 cents. Losses, adjusted for stock option expense and non-recurring costs, came to 11 cents per share.

The holding company posted revenue of $52.9 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $60.5 million.

For the year, the company reported that its loss widened to $68 million, or 66 cents per share. Revenue was reported as $245.3 million.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on INSG at

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up