Earnings Summary

Inseego Corp’s revenue fell -17.25% since last year same period to $50.79Mn in the Q1 2023. On a quarterly growth basis, Inseego Corp has generated -4.01% fall in its revenue since last 3-months.

Inseego Corp’s net profit jumped 79.76% since last year same period to $-5.1Mn in the Q1 2023. On a quarterly growth basis, Inseego Corp has generated 70.6% jump in its net profits since last 3-months.

Inseego Corp’s net profit margin jumped 75.55% since last year same period to -10.05% in the Q1 2023. On a quarterly growth basis, Inseego Corp has generated 69.38% jump in its net profit margins since last 3-months.

Inseego Corp’s earning per share (EPS) estimates for the current quarter stand at -0.09 - a -12.5% fall from last quarter’s estimates.

Inseego Corp’s earning per share (EPS) estimates for the current year stand at -0.09.

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 -0.13.

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.