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Wireless

Inseego Q4 results top expectations, sees weaker Q1 due to components shortage

Friday 8 March 2019 | 11:20 CET | News
Inseego reported fourth quarter reveneus of USD 56 million, up from 46.5 million a year earlier and at the high end of its forecast. Adjusted EBITDA of USD 5.8 million more than doubled from a year ago and was also at the high end of guidance. The company's net loss widened slightly to USD 4.2 million from USD 3.9 million a year ago, and it finished the year with cash of USD 31.1 million, up from USD 21.3 million. 

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Categories: Mobile & Wireless
Companies: Inseego
Countries: World
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