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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Inseego Corp.    INSG

INSEEGO CORP.

(INSG)
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Inseego : New Inseego 5G MiFi hotspot delivers breakthrough performance on Verizon 5G Ultra Wideband network

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09/10/2020 | 11:15am EDT

NEW YORK - Verizon and Inseego today announced the launch of the Inseego MiFi M2100 5G UW mobile hotspot, built to deliver blazing-fast speeds across Verizon's 5G Ultra Wideband1 and 4G LTE network.

This powerful combination of 4G and 5G connectivity plays a critical role in unlocking new and flexible connected experiences required for today's business and consumer applications.

The MiFi M2100 5G UW is now available at Verizon for $16.66 per month for 24 months on Verizon Device Payment (0% APR, $399.99 retail).

Connect with confidence

Inseego's proprietary, advanced antenna design, combined with the powerful Qualcomm Snapdragon X55 5G modem, delivers a robust 5G connection to consumers and businesses accessing Verizon's 5G Ultra Wideband network. The Inseego MiFi M2100 will also support Verizon's 5G Nationwide network launching later this year.

Superior connectivity with Wi-Fi 6: For households and businesses with multiple users vying for bandwidth, the MiFi M2100 addresses Wi-Fi bottlenecks with the next generation of Wi-Fi technology, Wi-Fi 6, which provides a 4x increase in data throughput per user, compared to Wi-Fi 5. The MiFi M2100 connects up to 30 devices over Wi-Fi and the option for a direct tethered connection using the USB-C port, so you can bring 5G to your tablets, laptops and smartphones.

Enterprise-grade security: Designed and developed in the USA, the MiFi M2100 provides multiple layers of enhanced security to help protect your private data and defend against malware. IT departments can easily configure and control the settings for their users.

Charge up quickly for all-day connectivity: With a powerful 3500mAh removable battery for all-day performance, the MiFi M2100 can also be used as a battery bank to charge a phone, tablet or other connected device. Power users will love the 8500mAh accessory battery (sold separately and available later this year) for extended use.

Easy to use: Compact and portable, the MiFi M2100 fits in your pocket, purse or backpack to provide fast internet access on the go. With a large 2.4' touchscreen display and simple menus, it makes it easy to connect your devices, view important information and protect your data.

Contact:

George Koroneos

Tel: 201.787.6165

Email: George.Koroneos@Verizon.com

(C) 2020 Electronic News Publishing, source ENP Newswire


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Financials (USD)
Sales 2020 300 M - -
Net income 2020 -80,3 M - -
Net Debt 2020 183 M - -
P/E ratio 2020 -11,0x
Yield 2020 -
Capitalization 960 M 960 M -
EV / Sales 2020 3,81x
EV / Sales 2021 3,07x
Nbr of Employees 938
Free-Float 98,9%
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Technical analysis trends INSEEGO CORP.
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 6
Average target price 13,67 $
Last Close Price 9,76 $
Spread / Highest target 74,2%
Spread / Average Target 40,0%
Spread / Lowest Target 7,58%
EPS Revisions
Managers
NameTitle
Dan Mondor Chairman, President & Chief Executive Officer
Douglas L. Kahn Executive VP-Operations & Customer Success
Craig L. Foster Chief Financial Officer
Dan Picker Chief Technology Officer-Mobile & IoT Solutions
Rick Carpenter Senior Vice President-Engineering
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