Welcome to our dedicated page for Inseego news (Ticker: INSG), a resource for investors and traders seeking the latest updates and insights on Inseego stock.
Inseego Corp. (symbol: INSG) is a prominent global player in the field of wireless technology and solutions for the Internet of Things (IoT). Headquartered in sunny San Diego, California, the company specializes in the design and development of both fixed and mobile wireless solutions, including cutting-edge technologies for 4G and 5G NR networks. Inseego's comprehensive product portfolio serves a wide array of needs for enterprises, service providers, small and medium-sized businesses, governments, and consumers across the globe.
At the core of Inseego's offerings are their intelligent mobile hotspots, wireless routers designed for IoT applications, USB modems, and a range of integrated telematics and mobile tracking devices. These hardware solutions are complemented by advanced applications software and cloud services, enabling users to seamlessly analyze data insights and manage their hardware configurations.
The company's product lines include the renowned MiFi® intelligent mobile hotspots and modems, the Ctrack™ fleet and vehicle telematics platform, and the Feeney Wireless (FW) IoT consulting services. These solutions deliver consistent and reliable communication and analytics capabilities, catering to both consumer and business markets. As of the latest records, Inseego supports around 155,000 subscribed fleet vehicles for Ctrack among its approximately 510,000 global subscribers.
Generating maximum revenue from the United States and Canada, Inseego also maintains a significant presence in Australia, Europe, including the United Kingdom. The company’s commitment to innovation and excellence positions it as a leader in delivering next-generation wireless solutions that drive connectivity and business intelligence.
Inseego Corp. (NASDAQ: INSG) announces the launch of its 5G MiFi® M2000 mobile hotspot in Saudi Arabia through Zain KSA. The M2000 offers significant advancements including gigabit internet speeds, Wi-Fi 6 capabilities, and robust security features. It supports connectivity for up to 30 devices simultaneously, benefiting both personal and business users with all-day connectivity. This marks Inseego's inaugural 5G offering in the region, highlighting its commitment to expanding its 5G solutions and enhancing customer experiences.
Inseego Corp. (Nasdaq: INSG) will announce its financial results for Q4 and the year ended
The call will be accessible via the Investors section of the company’s website, with an audio replay available until
Inseego Corp. (Nasdaq: INSG) announced that Chairman and CEO Dan Mondor will present at the 24th Annual Needham Virtual Growth Conference on January 11, 2022, at 1:15 p.m. Eastern time. Mondor will be joined by President Ashish Sharma and CFO Bob Barbieri for a Q&A session after the presentation. A live webcast will be available on the company's investor relations site, with a replay accessible for 90 days. To schedule one-on-one meetings, attendees can contact their Needham representative or reach out via email.
Inseego specializes in 5G and IoT solutions, providing reliable internet access worldwide.
Inseego Corp. (NASDAQ: INSG) and Vodafone Qatar have launched the Wavemaker™ 5G indoor router FX2000, providing high-speed internet for home and business users. This compact router supports up to 30 Wi-Fi devices, delivers 5G speeds exceeding 1 Gbps, and features the latest Wi-Fi 6 technology. Its design allows for easy installation and management via a mobile app, ensuring reliable connectivity with advanced security measures. The FX2000 is now available through Vodafone Qatar's retail locations and online, bundled with their 5G GigaHome plans.
Inseego Corp. (NASDAQ: INSG) lauds the U.S. government's Infrastructure Investment and Jobs Act for enabling funding aimed at accelerating high-speed broadband deployment. CEO Dan Mondor emphasized collaboration with the National Telecommunications and Information Administration to develop effective programs, with a focus on utilizing 5G technology. Inseego aims to enhance broadband access in underserved areas and support critical infrastructures, including smart cities and defense applications.
Inseego Corp. (NASDAQ: INSG) has appointed Ritesh Mukherjee as the Senior Vice President and General Manager of its Enterprise Networking Business. This strategic appointment aims to propel the company's cloud-managed 5G WAN edge solutions into enterprise markets, enhancing network orchestration and return on investment (ROI). Mukherjee brings extensive experience from previous roles at Reliance Jio and Cisco, focusing on innovative enterprise solutions. Inseego continues to lead in 5G device-to-cloud solutions, promising broad coverage and reliable connectivity.
Inseego Corp. (Nasdaq: INSG) reported a strong third quarter with net revenue of $66.2 million, a 0.8% sequential increase, highlighting a remarkable 260% year-over-year growth in 5G revenue and a 25% increase in cloud software revenue. Despite a GAAP operating loss of $10.0 million and a net loss of $0.09 per share, the company reported a robust pipeline in enterprise markets and an optimistic outlook, projecting 25% revenue growth for 2022. Cash and cash equivalents stood at $61.6 million.
Inseego Corp. (Nasdaq: INSG) announced the launch of its Wavemaker™ 5G indoor router FX2000 on November 5, targeting T-Mobile for Business customers. This router supports dual-band Wi-Fi 6, connecting up to 30 devices, providing efficiency for enterprise and small businesses. It features easy setup, peak 5G speeds exceeding 1 Gbps, and is designed for remote work, making it a favorable choice in both urban and rural areas. The FX2000 aims to bridge the digital divide, especially in education, offering fast and secure access for students and professionals.
Inseego Corp. (Nasdaq: INSG) has announced its participation in upcoming investor conferences, including the Stifel 2021 Virtual Midwest One-on-One Growth Conference on
Key executives will host one-on-one virtual meetings with investors. These conferences are by invitation only. For further details or to schedule meetings, contact investor relations via email.
Inseego Corp. (NASDAQ: INSG) has launched the Wavemaker PRO FW2000e 5G/LTE outdoor gateway, enhancing broadband access across Australia, particularly in rural regions. The FW2000e boasts high-gain antennas supporting fixed wireless access up to 17 kilometers from a cell tower and offering gigabit-plus speeds. This innovative solution, deployed on Telstra's network, addresses the longstanding 'last-mile' broadband challenge. With a user-friendly mobile app and high durability, the FW2000e is poised to benefit various sectors, including mining, agriculture, and remote work.
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