NASDAQ$INSG

Inseego Corp · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Inseego reported fourth quarter and full year 2020 financial results.

Inseego Corp. reported Q4 net revenue of $86.1 million, GAAP operating loss of $8.6 million, GAAP net loss of $12.7 million, GAAP net loss of $0.14 per share, adjusted EBITDA of $7.0 million, and non-GAAP net loss of $0.07 per share. Year-end cash and cash equivalents were $40.0 million.

  • Q4 2020 net revenue was $86.1 million, up 64.5% year-over-year.
  • Year-end cash balance of $40.0 million with zero bank debt.
  • Launched new 5G solutions in multiple regions including North America, Europe, the Middle East, and Japan.
  • Increased Inseego Manage cloud subscriptions to over 3.5 million subscriptions.

Headline financials

Total Revenue

$86.1M

Previous: $52.3M+64.5%
EPS (adj)

-$0.70

Previous: -$1.00+30.0%
Capital Expenditures

$652K

Previous: $2.45M-73.4%
Free Cash Flow

$2.69M

Previous: -$5.45M+149.3%
Net Income

-$12.7M

Previous: -$13.1M+2.7%
Operating Income

-$8.62M

Previous: -$8.73M+1.2%
Gross Profit

$26.4M

Previous: $15M+75.9%
Cash & Equivalents

$40M

Previous: $12.1M+231.4%
Total Assets

$227M

Previous: $161M+40.9%
Stock-Based Comp

$2.23M

Previous: $1.35M+65.6%

Revenue & EPS history

Inseego · Revenue · Quarterly

$86.1M

Q4 2020+64.5%vs Q4 2019
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

In 2021, Inseego is focused on bringing new 5G solutions to carrier customers globally, expanding into the enterprise market and driving growth of their cloud SaaS business.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

-1.8%

Avg return

Earnings day

+13.1%

Avg return

5 days after

+20.2%

Avg return

30 days after

42%

27 / 65 earnings

Positive

+46.0%

Q1 2023

Best reaction

-44.9%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-14.5%-19.9%
Q4 2025+19.8%+29.4%+4.0%
Q3 2025+1.6%-11.3%-16.5%
Q1 2025-7.0%-7.7%-9.7%
Q4 2024+5.8%-10.2%-20.8%
Q3 2024-44.9%-39.6%-43.0%
Q2 2024+20.0%+24.0%+75.3%
Q1 2024+34.1%+39.5%+109.6%
Q4 2023-17.5%-37.0%-10.5%
Q3 2023-16.4%-27.3%-45.5%
Q2 2023+16.8%+4.0%-16.0%
Q1 2023+46.0%+110.7%+94.6%
Q4 2022-9.6%-7.8%-35.6%
Q3 2022-26.8%-33.3%-42.9%
Q2 2022+14.2%+20.6%+1.6%
Q1 2022-22.7%-24.8%-30.2%
Q4 2021+2.1%-3.4%-14.0%
Q3 2021+0.3%+7.4%-9.0%
Q2 2021+8.3%+6.4%+0.6%
Q1 2021-2.6%-7.4%+16.0%
Q4 2020-27.5%+542.3%+584.0%
Q3 2020+5.7%-4.8%+20.3%
Q2 2020-15.5%-12.0%-26.7%
Q1 2020-6.4%-0.4%-11.3%
Q4 2019-23.3%-14.0%+76.0%
Q3 2019-11.7%-13.9%+28.8%
Q2 2019+0.2%-3.6%-5.1%
Q1 2019-7.4%-6.6%-0.6%
Q4 2018+0.6%-1.6%-8.0%
Q3 2018-1.6%+7.7%+3.7%
Q2 2018+9.7%+41.5%+88.7%
Q1 2018-5.2%-11.9%-5.7%
Q4 2017+8.4%+15.8%-8.4%
Q3 2017-7.2%-11.1%+19.6%
Q2 2017+0.9%+5.3%+12.3%
Q1 2017-23.4%-33.2%-44.6%
Q4 2016-15.8%-19.0%-21.5%
Q3 2016-3.5%-3.1%-5.8%
Q2 2016+4.2%+19.3%+62.5%
Q1 2016-1.4%
Q4 2015-2.9%
Q3 2015+14.4%
Q2 2015+5.4%
Q1 2015-12.0%
Q4 2014+1.3%
Q3 2014+14.9%
Q2 2014-2.7%
Q1 2014+9.7%
Q4 2013-5.7%
Q3 2013+0.9%
Q2 2013-4.4%
Q1 2013+17.8%
Q4 2012-6.5%
Q3 2012-3.4%
Q2 2012+3.3%
Q1 2011+5.2%
Q1 2012-1.2%
Q4 2011-2.9%
Q4 2009-2.9%
Q3 2010-6.2%
Q3 2011-6.2%
Q2 2011-5.9%
Q4 2010-5.9%
Q2 2010-5.9%
Q1 2010-0.8%

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