Inseego CorpQ) expected to post a loss of 4 cents a share - Earnings Preview

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)