Inseego Corp (NASDAQ: INSG) has reported a loss for its second fiscal quarter (ending June 30) of $-0.02 versus a loss $-0.05 for the same period a year ago. Relative to the consensus estimate of $0.03, this was a shortfall of $-0.05. E.P.S. were $-3.66 for the latest four quarters through June 30 versus $-0.39 for the same period a year ago.
Recent Price Action
On 8/7/24, Inseego Corp (NASDAQ: INSG) stock declined by -2.9%, closing at $7.97. NORMAL trading volume accompanied the decline. The stock has declined -13.2% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, INSG is expected to be a major Value Eraser.
Inseego is currently unrated.
Rating Review
The stock is currently unrated.
Be the first to comment