Inseego Reported In-line with Expectations

Inseego (INSG) reported a loss of $0.09 per share on revenue of $31.67 million for the first quarter ended March 2025. The consensus estimate was a loss of $0.06 per share on revenue of $32.07 million. The Earnings Whisper number was a loss of $0.09 per share. The company reported in-line with expectations while revenue fell 29.63% compared to the same quarter a year ago.

The company said it expects second quarter revenue of $37.0 million to $40.0 million. The current consensus revenue estimate is $39.70 million for the quarter ending June 30, 2025.

Inseego Corp. is the industry leader in 5G Enterprise cloud WAN solutions with millions of end customers and thousands of enterprise and SMB customers on its 4G, 5G and cloud platforms.