Inseego CorpQ) expected to post a loss of 4 cents a share - Earnings Preview
Inseego CorpQ) is anticipated to report a loss of 4 cents per share and a 28.8% decline in quarterly revenue, totaling $32.057 million for the period ending March 31, 2025. Analysts' estimates suggest revenue will drop from $45.01 million a year prior. The company's guidance indicates revenue between $30 million and $33 million. The average analyst rating is "hold," with a median 12-month price target of $13.00, above its last closing price of $8.34.
Inseego Corp (INSG.OQ) (INSG.O) is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025
The San Diego California-based company is expected to report a 28.8% decrease in revenue to $32.057 million from $45.01 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company’s guidance on February 19 2025, for the period ended March 31, was for revenue between $30.00 million and $33.00 million.
LSEG’s mean analyst estimate for Inseego Corp is for a loss of 4 cents per share.
The current average analyst rating on the shares is “hold” and the breakdown of recommendations is 1 “strong buy” or “buy,” 2 “hold” and no “sell” or “strong sell.”
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street’s median 12-month price target for Inseego Corp is $13.00, above its last closing price of $8.34. The company’s guidance on February 19 2025 for the period ended March 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD30 million and USD3 million. Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2024 0.00 0.01 -0.01 Missed -249.9
Sep. 30 2024 0.11 0.11 0.81 Beat 636.4
Jun. 30 2024 0.09 0.08 0.09 Beat 12.5
Mar. 31 2024 -0.47 -0.47 -0.31 Beat 33.6
Dec. -0.47 -0.48 -0.46 Beat 4.2
31 2023
Sep. 30 2023 -0.20 -0.20 -1.60 Missed -700
Jun. 30 2023 -0.33 -0.33 -0.20 Beat 40
Mar. 31 2023 -0.77 -0.76 -0.20 Beat 73.8
This summary was machine generated May 6 at 22:55 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
