INSG Q3 2024 Earnings — Inseego Corp. Revenue & Financial Results | Market Cap Arena

INSGInseego Corp.

$193M

Q3 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$54M+30.6% YoY

Gross Profit

$19M34.8% margin

Operating Income

$1M1.9% margin

Net Income

$9M16.6% margin

EPS (Diluted)

$0.51

QoQ Revenue Growth

+4.7%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$14M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$113M

Total Liabilities

$198M

Stockholders' Equity

-$85M

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$54M	$41M	+30.6%
Gross Profit	$19M	-$2M	+968.4%
Operating Income	$1M	-$19M	+105.3%
Net Income	$9M	-$22M	+141.1%

Revenue Segments

Product

$42M49%

Mobile Solutions

$32M37%

Services And Other

$12M14%

Geographic Segments

North America

$51M95%

Europe Excluding United Kingdom

$3M5%

Other Geographic Regions

$94,0000%