Inseego (INSG) Scheduled to Post Earnings on Tuesday

Inseego (NASDAQ:INSG) is scheduled to be releasing its earnings data after the market closes on Tuesday, November 12th. Analysts expect Inseego to post earnings of $0.09 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Inseego (NASDAQ:INSG) last posted its quarterly earnings data on Wednesday, August 7th. The technology company reported ($0.02) earnings per share (EPS) for the quarter. The firm had revenue of $59.15 million for the quarter, compared to analysts’ expectations of $53.63 million. On average, analysts expect Inseego to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Inseego Stock Up 6.7 %

INSG stock opened at $18.20 on Friday. The stock has a market capitalization of $223.50 million, a PE ratio of -5.00 and a beta of 1.60. Inseego has a 52 week low of $1.62 and a 52 week high of $20.67. The firm has a 50 day moving average of $17.49 and a 200 day moving average of $11.93.

Analyst Ratings Changes

Several brokerages have recently issued reports on INSG. Stifel Nicolaus raised their price objective on Inseego from $11.00 to $17.00 and gave the stock a “hold” rating in a research note on Tuesday, September 17th. TD Cowen raised their price target on shares of Inseego from $13.50 to $15.00 and gave the stock a “hold” rating in a research report on Wednesday, August 14th.

About Inseego

Inseego Corp. engages in the design and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions for businesses, consumers, and governments worldwide. The company provides 5G and 4G mobile broadband solutions, such as mobile hotspots under the MiFi brand; and 4G VoLTE products and 4G USB modems.