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Inseego revenue growth slows to 1.3% in Q1

Thursday 6 May 2021 | 11:44 CET | News
Inseego's revenue growth slowed to 1.3 percent year-on-year, for sales of USD 57.6 million in the first quarter, compared to 17 percent the year before and over 64 percent in the previous quarter. CEO Dan Mondor said the company saw "significant" year-on-year revenue increases at 5G and SaaS, pushing up group gross margin. The company has launched many new enterprise 5G products in North America, EMEA and Asia-Pacific and is now seeing strong traction for its 5G product portfolio and SaaS services on a worldwide basis.

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Categories: Mobile & Wireless
Companies: Inseego
Countries: World
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