Inseego Corp. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported revenue was USD 52.92 million compared to USD 72.89 million a year ago. Net loss was USD 14.63 million compared to USD 10.72 million a year ago. Basic loss per share from continuing operations was USD 1.4 compared to USD 1.1 a year ago.
For the full year, revenue was USD 245.32 million compared to USD 262.4 million a year ago. Net loss was USD 67.97 million compared to USD 48.13 million a year ago. Basic loss per share from continuing operations was USD 6.6 compared to USD 5.1 a year ago.