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General

Inseego Q4 revenues jump 64% on demand for 5G products

Tuesday 2 March 2021 | 13:18 CET | News
Inseego said revenues for the fourth quarter jumped 64.5 percent from the year before to USD 86.0 million, boosted by demand for 5G products and launches in the year in North America, EMEA and APAC. The company noted that next-generation 5G products accounted for over 30 percent of hardware sales. CEO Dan Mondor said Inseego will this year focus on bringing new 5G services to carrier customers globally, expanding into the enterprise market and pushing its cloud SaaS business.

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Categories: General
Companies: Inseego
Countries: World
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