|Bid||1.9000 x 3100|
|Ask||2.0000 x 1200|
|Day's range||1.8800 - 1.9700|
|52-week range||1.7400 - 9.6500|
|Beta (5Y monthly)||1.71|
|PE ratio (TTM)||N/A|
|Earnings date||02 Aug 2022 - 08 Aug 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||4.69|
SAN DIEGO, May 19, 2022--Inseego Corp. (Nasdaq: INSG), a leader in 5G and intelligent IoT device-to-cloud solutions, today announced that management will participate and present at the upcoming investor conferences:
The share price of Inseego (NASDAQ: INSG), a provider of wireless broadband access equipment, plummeted today after the company reported worse-than-expected results for both its top and bottom lines. Inseego's non-GAAP (adjusted) loss per share of $0.11 in the quarter was slightly worse than analysts' consensus estimate of a loss of $0.10 per share. Inseego's first-quarter sales increased by just 6.5% to $61.4 million, which was below analysts' average sales estimate of $62.6 million.
Please also be advised that today's discussion was contain forward-looking statements. Please also refer to the cautionary note regarding forward-looking statements section contained in today's press release.