Analysts' Revenue Estimates For Inseego Corp. (NASDAQ:INSG) Are Surging Higher [Yahoo! Finance News]
Inseego Corp. (INSG)
Last inseego corp. earnings: 3/11 04:23 pm
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US:NASDAQ Investor Relations:
investor.inseego.com/investor-relations
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Source: Yahoo! Finance News
Shareholders inInseego Corp.NASDAQ:INSGFollowing the upgrade, the latest consensus from Inseego's six analysts is for revenues of US$292m in 2020, which would reflect a substantial 33% improvement in sales compared to the last 12 months. Losses are predicted to fall substantially, shrinking 50% to US$0.26. Yet prior to the latest estimates, the analysts had been forecasting revenues of US$262m and losses of US$0.28 per share in 2020. So there's been quite a change-up of views after the recent consensus updates, with the analysts making a sizeable increase to their revenue forecasts while also reducing the estimated loss as the business grows towards breakeven.See our latest analysis for InseegoGS:INSG Past and Future Earnings April 12th 2020It will come as no surprise to learn that the analysts have increased their price target for Inseego 16% to US$9.13 on the back of these upgrades. It could also be instructive to look at the range of analyst estimates, to evaluate how different the
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INSG
News
- Inseego Corp. (NASDAQ: INSG) had its price target lowered by analysts at Stifel Nicolaus from $17.00 to $12.00. They now have a "hold" rating on the stock.MarketBeat
- Inseego Declines 24% in a Month: Buy, Sell or Hold the Stock? [Yahoo! Finance]Yahoo! Finance
- Inseego Completes Sale of Telematics Business For $52 Million in Cash [Yahoo! Finance]Yahoo! Finance
- Inseego Completes Sale of Telematics Business For $52 Million in CashGlobeNewswire
- Are Options Traders Betting on a Big Move in Inseego (INSG) Stock? [Yahoo! Finance]Yahoo! Finance
INSG
Earnings
- 11/12/24 - Miss
INSG
Sec Filings
- 1/2/25 - Form 424B3
- 12/31/24 - Form EFFECT
- 12/19/24 - Form 8-K
- INSG's page on the SEC website