Earnings ·
Inseego Corp. reported preliminary financial results for the quarter ended June 30, 2026, on August 5, 2026
INSGInseego Corp.
Inseego Corp. reported preliminary financial results for the quarter ended June 30, 2026, on August 5, 2026. The company achieved total revenue of $44.0 million and Adjusted EBITDA of $0.5 million, while reporting a GAAP net loss of $8.4 million. Management noted that Q2 revenue exceeded guidance due to diversification in its customer base and product portfolio. Key operational milestones included launching the refreshed Mobile product family across all three North American Tier-1 carriers (AT&T, T-Mobile, Verizon) and expanding a working capital facility with BMO Bank from $15.0 million to $20.0 million. The company provided Q3 2026 revenue guidance of $28.0 million to $35.0 million and full-year 2026 revenue guidance of approximately $155 million, while anticipating the closing of its FWA acquisition with Nokia in Q4 2026. Inseego Corp. operates in the wireless edge technology industry, providing cloud-first connectivity solutions including 5G routers, mobile hotspots, and IoT platforms.