Inseego sells its telematics business for $52M [Seeking Alpha]
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: Seeking Alpha
Under the terms of the agreement, a portfolio holding company of Convergence Partners will acquire Inseego's remaining telematics business that operates across the United Kingdom, the European Union, Australia and New Zealand. Inseego's ( INSG ) decision to divest its fleet management and telematics operations was based on a review of the strategic fit of the business with the company's North American-centric 5G wireless solutions business. The purchaser is an affiliate of Ctrack Africa, a telematics business that was historically part of Inseego's telematics portfolio, which was sold to Convergence in a previous transaction in 2021. Recommended For You More Trending News Recommended For You More Trending News About INSG Stock Related Stocks Trending Analysis Trending News
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INSG
News
- Inseego Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Inseego Corp. (NASDAQ: INSG) had its price target lowered by analysts at TD Cowen from $20.00 to $16.00. They now have a "hold" rating on the stock.MarketBeat
- Nomad Internet to Host its First Ever Nomad Internet Summit in Boulder, CO, Aiming to Bridge the Digital Divide in America [Yahoo! Finance]Yahoo! Finance
- Inseego Shares Rise on Roth MKM Upgrade to Buy, Citing Balance Sheet Improvement and Product Growth [Yahoo! Finance]Yahoo! Finance
- Inseego Corp. (NASDAQ: INSG) was upgraded by analysts at Roth Capital from a "hold" rating to a "strong-buy" rating.MarketBeat
INSG
Earnings
- 11/12/24 - Miss
INSG
Sec Filings
- 11/18/24 - Form 4
- 11/14/24 - Form SCHEDULE
- 11/14/24 - Form 3
- INSG's page on the SEC website