Inseego Corp expected to post earnings of 3 cents a share - Earnings Preview
Inseego Corp
INSG is expected to show a fall in quarterly revenue when it reports results on August 7 for the period ending June 30 2025
The San Diego California-based company is expected to report a 34.9% decrease in revenue to $38.53 million from $59.15 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on May 8 2025, for the period ended June 30, was for revenue between $37.00 million and $40.00 million.
LSEG's mean analyst estimate for Inseego Corp is for earnings of 3 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 $10.00, about 32% above its last closing price of $6.80
The company's guidance on May 8 2025 for the period ended June 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD37 million and USD3.5 million.The company's guidance on May 8 2025 for the period ended June 30 was for gross profit margin between USD37% and USD39%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2025 | -0.04 | -0.04 | -0.03 | Beat | 25 |
Dec. 31 2025 | 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. 31 2023 | -0.47 | -0.48 | -0.46 | Beat | 4.2 |
Sep. 30 2023 | -0.20 | -0.20 | -1.60 | Missed | -700 |
Jun. 30 2023 | -0.33 | -0.33 | -0.20 | Beat | 40 |
This summary was machine generated August 5 at 20:22 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)