Inseego (Inseego) Net Margin %

: -33.54% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Inseego's Net Income for the three months ended in Dec. 2023 was $-14.3 Mil. Inseego's Revenue for the three months ended in Dec. 2023 was $42.8 Mil. Therefore, Inseego's net margin for the quarter that ended in Dec. 2023 was -33.54%.

The historical rank and industry rank for Inseego's Net Margin % or its related term are showing as below:

INSG' s Net Margin % Range Over the Past 10 Years
Min: -35.44 Med: -22.39 Max: -3.98
Current: -23.6

INSG's Net Margin % is ranked worse than
86.64% of 2462 companies
in the Hardware industry
Industry Median: 2.815 vs INSG: -23.60

Inseego Net Margin % Historical Data

The historical data trend for Inseego's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Inseego Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-18.28

-35.44

-18.34

-27.71

-23.60

Inseego Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																-27.64	-10.05	-9.22	-44.88	-33.54

Competitive Comparison

For the Communication Equipment subindustry, Inseego's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Inseego Net Margin % Distribution

For the Hardware industry and Technology sector, Inseego's Net Margin % distribution charts can be found below:

* The bar in red indicates where Inseego's Net Margin % falls into.

Inseego Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Inseego's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-46.185	/	195.688
	=	-23.60 %

Inseego's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-14.339	/	42.754
	=	-33.54 %

Inseego (NAS:INSG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Inseego Net Margin % Related Terms

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Inseego (Inseego) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Inseego Corp (NAS:INSG) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

INO:Germany INO:Germany

Address

9710 Scranton Road, Suite 200, Suite 200, CA, USA, 92121

Website

https://www.inseego.com

Inseego Corp is into the design and development of fixed and mobile wireless solutions (advanced 4G and 5G NR), Industrial Internet of Things and cloud solutions for enterprises, service providers, small and medium-sized businesses, governments, and consumers around the globe. The product portfolio consists of fixed and mobile device-to-cloud solutions that provide secure end-to-end IoT services with deep business intelligence. The Company's products and services include intelligent mobile hotspots, wireless routers for IoT applications, USB modems, integrated telematics and mobile tracking hardware devices, which are supported by applications software and cloud services designed to enable customers to easily analyze data insights and configure and manage their hardware.

Executives

Tavistock Financial, Llc	10 percent owner	9350 CONROY WINDERMERE ROAD, WINDERMERE FL 34786
Joseph Lewis	10 percent owner	PO BOX N7776, LYFORD BAHAMAS
Philip G Brace	director	LSI LOGIC CORP, 1621 BARBER LANE, MILPITAS CA 95035
Steven Gatoff	officer: Chief Financial Officer	C/O INSEEGO CORP, 9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Dan Mondor	officer: President and CEO	4375 RIVER GREEN PARKWAY, SUITE 100, DULUTH GA 30096
Ashish Sharma	officer: President IoT & Mobile	9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Christopher H. Lytle	director	9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Robert G Barbieri	officer: Chief Financial Officer	380 ST. PETER STREET, ST. PAUL MN 55102
Stephanie Lynne Bowers	director	9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Doug Kahn	officer: EVP of Operations	9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Wei Ding	officer: VP Accounting, Controller	9710 SCRANTON ROAD, SUITE 200, SAN DIEGO CA 92121
Craig L Foster	officer: Chief Financial Officer	2580 ORCHARD PARKWAY, SAN JOSE CA 95131
Braslyn Ltd.	10 percent owner	CAY HOUSE, EP TAYLOR DRIVE N7776, LYFORD CAY, NEW PROVIDENCE C5 00000
Brian Miller	director, 10 percent owner	115 EAST PUTNAM AVENUE, GREENWICH CT 06830
Stephen M Smith	officer: Chief Financial Officer