Inseego Q4 EPS Jumps 71% to $0.12, Guides Q1 Revenues $33–36M
Inseego reported adjusted Q4 EPS of $0.12, surpassing consensus by 71% and delivering revenues of $48.4 million, 2.5% above estimates. Management guided Q1 revenues of $33–36 million and full-year revenue around $190 million, while shares are down 3.6% year to date.
1. Q4 Financial Results
Inseego posted adjusted EPS of $0.12, up from $0.04 a year ago and beating estimates by 71%, while revenue reached $48.4 million, 2.5% above expectations and nearly flat versus last year’s $48.09 million.
2. Guidance and Outlook
The company forecasted Q1 revenues of $33 million to $36 million, marking a seasonal dip from Q4 levels, and reiterated full-year revenue near $190 million, signaling management’s confidence in stable demand for its 5G and IoT solutions.
3. Stock Performance and Industry Context
Shares have declined 3.6% year to date compared with a 0.5% gain for the S&P 500, and Inseego operates in the Internet software industry, which ranks in the top third of peers based on recent growth and profitability metrics.