INSG Q3 2023 Earnings — Inseego Corp. Revenue & Financial Results | Market Cap Arena

INSGInseego Corp.

$193M

Q3 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$41M-40.2% YoY

Gross Profit

-$2M-5.2% margin

Operating Income

-$19M-46.3% margin

Net Income

-$22M-52.7% margin

EPS (Diluted)

$-1.93

QoQ Revenue Growth

-22.8%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$8M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$137M

Total Liabilities

$228M

Stockholders' Equity

-$91M

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$41M	$69M	-40.2%
Gross Profit	-$2M	$18M	-112.1%
Operating Income	-$19M	-$12M	-60.8%
Net Income	-$22M	-$16M	-38.5%

Revenue Segments

IoT And Mobile Solutions

$44M86%

Enterprise SaaS Solutions

$7M14%

Geographic Segments

North America

$40M83%

Europe

$7M15%

AUSTRALIA

$1M2%

Other Geographic Regions

$3,0000%