INSG Q1 2023 Earnings — Inseego Corp. Revenue & Financial Results | Market Cap Arena

INSGInseego Corp.

$193M

Q1 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$51M-17.3% YoY

Gross Profit

$18M35.8% margin

Operating Income

-$4M-7.1% margin

Net Income

-$5M-10.0% margin

EPS (Diluted)

$-0.47

QoQ Revenue Growth

-4.0%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$5M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$158M

Total Liabilities

$230M

Stockholders' Equity

-$73M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$51M	$61M	-17.3%
Gross Profit	$18M	$15M	+19.3%
Operating Income	-$4M	-$22M	+83.5%
Net Income	-$5M	-$25M	+79.8%

Revenue Segments

IoT And Mobile Solutions

$44M86%

Enterprise SaaS Solutions

$7M14%

Geographic Segments

North America

$43M85%

Europe

$6M12%

AUSTRALIA

$2M3%

Other Geographic Regions

$4,0000%