Inseego: Q2 Earnings Snapshot

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3:12 PM on Wednesday, August 7, 2024

The Associated Press

SAN DIEGO (AP) — SAN DIEGO (AP) — Inseego Corp. (INSG) on Wednesday reported net income of $624,000 in its second quarter.

The San Diego-based company said it had net loss of 2 cents per share. Earnings, adjusted for stock option expense, came to 4 cents per share.

The holding company posted revenue of $59.1 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $53.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INSG at https://www.zacks.com/ap/INSG

This content is used here with permission. To view the original visit: https://apnews.com/b6c953c530285223a00c0ac057a6d016
 

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