Inseego Corp (NAS:INSG)

Q1 2025 Inseego Corp Earnings Call Transcript

May 8, 2025 / 09:00 PM GMT

Release Date Price: $8.48 (+3.54%)

Transcript 10-Q8-K

Key Points

Positve

Inseego Corp (INSG) delivered revenue within guidance and adjusted EBITDA came in above expectations despite softer hardware volumes.
The company achieved a record non-GAAP gross margin percentage of 47.5% in Q1 2025.
Inseego Corp (INSG) successfully executed a key initiative by being the first OEM to make a 5G advanced 3GPP release 18 data call with Qualcomm's new platform.
The company has overhauled its supply chain and engineering strategy, identifying significant opportunities to reduce costs and improve operational efficiency.
Inseego Corp (INSG) has strengthened its leadership team with experienced talent, including the addition of George Mulhern to the board of directors.

Negative

Q1 2025 presented a slow start to the year on a revenue basis due to delayed carrier mobile broadband promotions and FWA purchases.
The company is facing challenges with a concentrated customer base for its MyFi and FWA products, which it is actively working to diversify.
There is uncertainty in the broader macroeconomic environment, which could potentially impact pipeline opportunities.
Inseego Corp (INSG) is experiencing temporarily lower FWA purchases from a carrier customer managing inventory levels during a transition to a next-generation product.
The company anticipates a modest increase in sales and marketing expenses as it expands its total addressable market and engages with new customers.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

INSG.OQ - Inseego Corp
Q1 2025 Inseego Corp Earnings Call
May 08, 2025 / 09:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Hello and welcome to Incigo Corps. First quarter 2025 Financial results conference call. Please note that today's event is being recorded.

All participants today will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by 0. After today's presentation, there will be an opportunity for Q&A.

To ask a question, please press star, then 1 on your telephone keypad.

To withdraw your question, please press pound, then 1.

On the call today are Yo Sarvikas, Chief Executive Officer of ECO, and Steven Gatoff, Chief Financial Officer.

During this call, certain non-gap financial measures will be discussed. A reconciliation to the most

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.