Inseego Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 53.56 million compared to USD 61.86 million a year ago. Net loss was USD 4.94 million compared to USD 12.38 million a year ago. Basic loss per share from continuing operations was USD 0.5 compared to USD 1.2 a year ago.
For the six months, revenue was USD 104.35 million compared to USD 123.24 million a year ago. Net loss was USD 10.04 million compared to USD 37.6 million a year ago. Basic loss per share from continuing operations was USD 1 compared to USD 3.7 a year ago.