Press releases

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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Inseego Announces Debt Reduction and Restructuring Transactions of Convertible Notes due 2025

Company executes capital structure management initiative to reduce total debt by purchasing for cash and exchanging for long-term debt and equity, $125 million of face value, or nearly 80% of outstanding convertible notes, at 30% discount SAN DIEGO --(BUSINESS WIRE)--Jul. 1, 2024-- Inseego Corp.
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Inseego Announces Industry’s First FIPS 140-2 Certified 5G Mobile Hotspot, MiFi® X PRO

Now available for sale through N. American mobile network operators and resellers SAN DIEGO --(BUSINESS WIRE)--May 21, 2024-- Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, announced the industry’s first FIPS 140-2 (Federal Information Processing Standard Publication 140-2)
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Inseego Reports First Quarter 2024 Financial Results

Q1 2024 revenue of $45.0 million Q1 2024 GAAP Net Loss of $4.5 million   and positive Adjusted EBITDA of $3.8 million   Fifth consecutive quarter of positive Adjusted EBITDA SAN DIEGO --(BUSINESS WIRE)--May 9, 2024-- Inseego Corp. (Nasdaq: INSG) (the “Company”), a technology leader in 5G mobile and
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Inseego Voluntarily Pays-off and Terminates Asset-Backed Loan Facility to Improve Capital Structure Flexibility and Meaningfully Reduce Financing Costs

Elimination of restrictive borrowing facility provides for more efficient debt capacity and cash management SAN DIEGO --(BUSINESS WIRE)--Apr. 18, 2024-- Inseego Corp. (Nasdaq: INSG) (the “Company”), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune
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Inseego Corp. to Report First Quarter 2024 Financial Results on May 9, 2024

SAN DIEGO --(BUSINESS WIRE)--Apr. 15, 2024-- Inseego Corp. (Nasdaq: INSG), a technology leader in 5G and 4G 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 first quarter
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