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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Inseego Corp    INSG

INSEEGO CORP

(INSG)
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Inseego : 5G NR Solution Portfolio Drives Mobile and Fixed Wireless Deployments Worldwide

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01/12/2019 | 04:40am EDT

Inseego Corp. (Nasdaq: INSG), a 5G and intelligent IoT device-to-cloud solutions pioneer, is showcasing its latest 5G innovations for a variety of mobile, fixed and industrial IoT use cases at the Consumer Electronics Show (CES) in Las Vegas this week. Inseego has been selected by a major Asia-Pacific service provider to bring its 5G NR network to life with Inseegos revolutionary 5G Home Router. This new customer joins an extensive list of Tier One global operators that have been working with Inseego to make fixed and mobile wireless 5G real for millions of their customers in 2019.Continuing our pioneering legacy in bringing next generation mobile networks to life, by building the next generation of platform level, globally deployable products, we are delivering on our promise to awaken 5G across markets worldwide. By working closely with many Tier One global operators on 5G NR technologies, our portfolio of 5G NR products supports mmWave and sub-6GHz bands as well as other bands currently being deployed, said Inseego Chairman and CEO, Dan Mondor. Numerous wireless service providers in North America, Australia, Europe and the Asia-Pacific region are actively deploying fixed and mobile wireless 5G NR in 2019 and 2020, and we are thrilled to be playing a pivotal role in making 5G Real across the world alongside them.

We are thrilled to be playing an important role in driving 5G technology early to the market in close collaboration with our customers. Our 5G NR portfolio is designed for all mainstream global frequency bands including mmWave as well as sub-6GHz bands, said Inseego CMO and EVP of IoT and Mobile Solutions, Ashish Sharma. Our innovative 5G NR portfolio includes fixed, mobile and industrial IoT solutions, providing our customers with a broad choice of solutions for a diverse set of applications.

Inseegos fixed wireless and mobile solutions enable new, ground-breaking use cases for the immediate and future economy, as well as in everyday life. The Inseego 5G NR portfolio consists of the following solutions:

R1000 5G Home Router The powerful R1000 Router with 44 MIMO is providing next generation 5G wireless broadband inside the home today. The solution is packed with features including power-over-ethernet and built-in high-performance Wi-Fi with 44 MIMO technology which delivers high throughput and supports consumer applications. 5G NR Mobile Hotspots for North America, Asia-Pacific and Europe The ultra-secure 5G NR mobile hotspot line with MiFi technology supports mmWave and sub-6GHz bands. The devices are engineered to deliver best-in-class performance with proprietary antenna technology, real simultaneous dual-band Wi-Fi and highly optimized application performance for many on the go use cases. 5G NR Routers for North America, Asia-Pacific and Europe Inseegos innovative line of 5G NR routers, powered by MiFi technology, supports sub-6GHz and mmWave bands, providing consumers and enterprises with a new choice for broadband internet service. 5G NR Industrial IoT (IIoT) Gateways A powerful line of 5G NR industrial IoT solutions for global enterprise markets, which will unlock use cases requiring low latency and very high throughput.

(c) All KUNA right are reserved 2019. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2019 223 M
EBIT 2019 15,9 M
Net income 2019 -15,0 M
Debt 2019 -
Yield 2019 -
P/E ratio 2019 -
P/E ratio 2020 84,66
Capi. / Sales 2019 1,60x
Capi. / Sales 2020 1,31x
Capitalization 357 M
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Number of Analysts 5
Average target price 6,30 $
Spread / Average Target 31%
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Managers
NameTitle
Dan Mondor Chairman, President & Chief Executive Officer
Douglas L. Kahn Executive VP-Operations & Customer Success
Stephen M. Smith Chief Financial Officer & Executive VP
Robert M. Pons Independent Director
Jeffrey M. Tuder Independent Director
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