INSG Q2 2024 Earnings — Inseego Corp. Revenue & Financial Results | Market Cap Arena

INSGInseego Corp.

$193M

Q2 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$52M-3.6% YoY

Gross Profit

$19M36.4% margin

Operating Income

$2M3.6% margin

Net Income

$624,0001.2% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+37.6%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$28M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$150M

Total Liabilities

$251M

Stockholders' Equity

-$102M

Cash & Equivalents

$49M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$52M	$54M	-3.6%
Gross Profit	$19M	$19M	-0.5%
Operating Income	$2M	-$3M	+156.6%
Net Income	$624,000	-$5M	+112.6%

Revenue Segments

Product

$39M46%

Mobile Solutions

$26M30%

Services and Other

$20M23%

Geographic Segments

North America

$51M86%

Europe Excluding United Kingdom

$7M12%

AUSTRALIA

$1M2%

Other Geographic Regions

$12,0000%