Inseego reports a narrower Q2 non-GAAP loss of $0.06 per share but misses revenue expectations by $0.23M.
Inseego announced a non-GAAP loss of $0.06 per share for the quarter, beating expectations by $0.06. Revenue reached $34.3M, falling short of estimates by $0.23M.
Analysts had anticipated a wider loss and slightly higher revenue for the period. The company’s prior quarter results and year-over-year comparisons were not provided in the release.
No immediate market reaction was detailed in the report.