Inseego Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 48.58 million compared to USD 69.17 million a year ago. Net loss was USD 21.81 million compared to USD 15.74 million a year ago. Basic loss per share from continuing operations was USD 1.9 compared to USD 1.5 a year ago.
For the nine months, revenue was USD 152.93 million compared to USD 192.41 million a year ago. Net loss was USD 31.85 million compared to USD 53.34 million a year ago. Basic loss per share from continuing operations was USD 3 compared to USD 5.2 a year ago.