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INSG

Inseego Corp

$2.32

Earnings Summary

Revenue
$42.75Mn
Net Profits
$-14.34Mn
Net Profit Margins
-33.54%

Highlights

Revenue:

Inseego Corp’s revenue fell -19.2% since last year same period to $42.75Mn in the Q4 2023. On a quarterly growth basis, Inseego Corp has generated -12% fall in its revenue since last 3-months.

Net Profits:

Inseego Corp’s net profit jumped 1.96% since last year same period to $-14.34Mn in the Q4 2023. On a quarterly growth basis, Inseego Corp has generated 36.44% jump in its net profits since last 3-months.

Net Profit Margins:

Inseego Corp’s net profit margin fell -21.34% since last year same period to -33.54% in the Q4 2023. On a quarterly growth basis, Inseego Corp has generated 27.77% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Inseego Corp post its latest quarter earnings

EPS Estimate Current Quarter
-0.47
EPS Estimate Current Year
-0.47

Highlights

EPS Estimate Current Quarter:

Inseego Corp’s earning per share (EPS) estimates for the current quarter stand at -0.47 - a 2.08% jump from last quarter’s estimates.

EPS Estimate Current Year:

Inseego Corp’s earning per share (EPS) estimates for the current year stand at -0.47.

Key Ratios

Key ratios of the Inseego Corp post its Q4 2023 earnings

Earning Per Share (EPS)
-0.46
Return on Assets (ROA)
-0.14
Return on Equity (ROE)
-8.35

Highlights

Earning Per Share (EPS):

Inseego Corp’s earning per share (EPS) fell -318.18% since last year same period to -0.46 in the Q4 2023. This indicates that the Inseego Corp has generated -318.18% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Inseego Corp’s return on assets (ROA) stands at -0.14.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Inseego Corp’s return on equity (ROE) stands at -8.35.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-05-04
-0.08
-0.02
75%
2024-02-22
-0.48
-0.46
4.17%
2023-08-03
-0.03
-0.02
33.33%
2023-11-03
-0.02
-0.16
-700%