INSG Q2 2023 Earnings — Inseego Corp. Revenue & Financial Results | Market Cap Arena

INSGInseego Corp.

$193M

Q2 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$54M-13.4% YoY

Gross Profit

$19M35.3% margin

Operating Income

-$3M-6.1% margin

Net Income

-$5M-9.2% margin

EPS (Diluted)

$-0.44

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$3M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$154M

Total Liabilities

$225M

Stockholders' Equity

-$71M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$54M	$62M	-13.4%
Gross Profit	$19M	$18M	+5.6%
Operating Income	-$3M	-$10M	+67.3%
Net Income	-$5M	-$12M	+60.1%

Revenue Segments

IoT And Mobile Solutions

$46M87%

Enterprise SaaS Solutions

$7M13%

Geographic Segments

North America

$46M86%

Europe

$6M11%

AUSTRALIA

$1M3%

Other Geographic Regions

$79,0000%