Previous close | 2.2100 |
Open | 2.1800 |
Bid | 2.0900 x 2200 |
Ask | 2.1000 x 2900 |
Day's range | 2.0500 - 2.1900 |
52-week range | 1.7400 - 10.6000 |
Volume | |
Avg. volume | 1,089,172 |
Market cap | 224.997M |
Beta (5Y monthly) | 1.71 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.5770 |
Earnings date | 02 Aug 2022 - 08 Aug 2022 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 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.