Press releases

Inseego Completes Sale of Telematics Business For $52 Million in Cash

SAN DIEGO , Dec. 02, 2024 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG) (the “Company”), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises, and SMBs, today announced the successful completion of the previously announced sale of
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Inseego Reports Third Quarter 2024 Financial Results

Q3 2024 revenue from continuing and discontinued operations of $61.9 million Q3 2024 positive Adjusted EBITDA from continuing and discontinued operations of $9.3 million and GAAP Net Income of $9.0 million Agreed to sell telematics business for $52.0 million in cash Executed convertible debt
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Inseego Completes Material Debt Reduction in Closing Restructuring of Convertible Notes due 2025

Company completes capital structure management initiative by exchanging $91.5 million of face value of outstanding convertible notes for long-term debt and equity Company has now repurchased or exchanged at a discount approximately $147 million , or 91% of aggregate principal amount, of the $162
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Inseego Corp. to Report Third Quarter 2024 Financial Results on November 12, 2024

SAN DIEGO --(BUSINESS WIRE)--Oct. 16, 2024-- Inseego Corp. (Nasdaq: INSG), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises and SMBs, today announced that the company will release its financial results for the third quarter of 2024,
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Inseego Launches First Multi-Carrier Certified, MiFi® Branded, 5G Mobile Hotspot for the Inseego Ignite™ Channel Program

Inseego’s MiFi X PRO multi-carrier 5G mobile hotspot is now available for channel partners, resellers, and distributors SAN DIEGO --(BUSINESS WIRE)--Oct. 10, 2024-- Inseego Corp. (Nasdaq: INSG), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, enterprise,
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Inseego Announces Sale of Telematics Business For $52 Million in Cash

Proceeds to Drive Further Deleveraging and Improvement of Capital Structure and Support Company Focus on Driving Growth in 5G Mobility and Fixed Wireless Solutions SAN DIEGO --(BUSINESS WIRE)--Sep. 16, 2024-- Inseego Corp. (Nasdaq: INSG) (the “Company” or “Inseego”), a technology leader in 5G
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Inseego Continues Debt Reduction and Capital Structure Improvements

Company pays-down $9.5 million , or 49%, of short-term loan to further reduce debt and improve Balance Sheet; Company also signs agreement to exchange additional $5 million of Convertible Notes into long-term debt and equity SAN DIEGO --(BUSINESS WIRE)--Sep. 11, 2024-- Inseego Corp.
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Inseego Launches First Multi-Carrier Certified Fixed Wireless Access (FWA) 5G Indoor Router for New Inseego Ignite™ Channel Program

Inseego Wavemaker ™ 5G indoor router FX3110 multi-carrier now available through Channel Partners , Resellers and Distributors SAN DIEGO --(BUSINESS WIRE)--Aug. 29, 2024-- Inseego Corp. (Nasdaq: INSG), a technology leader in 5G mobile and fixed wireless access solutions for mobile network operators,
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Inseego Reports Second Quarter 2024 Financial Results

Q2 2024 revenue of $59.1 million Q2 2024 GAAP Net Income of $0.6 million and positive Adjusted EBITDA of $8.4 million Executed convertible debt reduction and material improvement of capital structure SAN DIEGO --(BUSINESS WIRE)--Aug. 7, 2024-- Inseego Corp.
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Inseego Extends the Appointment of Philip Brace as Executive Chairman

SAN DIEGO --(BUSINESS WIRE)--Aug. 5, 2024-- Inseego Corp. (Nasdaq: INSG), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises, and SMBs, today announced that the board of directors extended the appointment of Philip Brace as Executive
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Inseego Adds to Operational Leadership Team with New Appointments

5G leader welcomes new Chief Product Officer, Senior Vice President Sales/Service Providers and Head of Operations SAN DIEGO --(BUSINESS WIRE)--Jul. 24, 2024-- Inseego Corp. (Nasdaq: INSG), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500
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Inseego Corp. to Report Second Quarter 2024 Financial Results on August 7, 2024

SAN DIEGO --(BUSINESS WIRE)--Jul. 15, 2024-- Inseego Corp. (Nasdaq: INSG), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises and SMBs, today announced that the company will release its financial results for the second quarter of
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