NASDAQ$INSG

Inseego Corp · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Inseego reported its financial results for the fourth quarter and full year ended December 31, 2024, showing positive adjusted EBITDA and GAAP operating income.

Inseego Corp. reported Q4 2024 revenue of $48.1 million, with a positive Adjusted EBITDA of $5.4 million and GAAP Operating Income of $1.8 million. The company also completed the sale of its telematics business for $52.7 million in cash and restructured its convertible debt, significantly reducing its debt.

  • Q4 2024 revenue reached $48.1 million, reflecting strength in operational performance.
  • Adjusted EBITDA for Q4 2024 was positive at $5.4 million.
  • GAAP Operating Income for Q4 2024 was $1.8 million.
  • The company completed the sale of its telematics business for $52.7 million in cash, enhancing liquidity.

Headline financials

Total Revenue

$48.1M

Previous: $42.8M+12.5%
EPS (adj)

-$0.10

Previous: -$1.28+92.2%
Capital Expenditures

-$1.41M

Previous: -$3.65M+61.5%
Net Income

-$566K

Previous: -$14.3M+96.0%
Operating Income

$1.79M

Previous: -$11.1M+116.1%
Gross Profit

$17.9M

Previous: $7.95M+125.6%
R&D Expense

$5.56M

Previous: $5.8M-4.1%

Revenue & EPS history

Inseego · Revenue · Quarterly

$48.1M

Q4 2024+12.5%vs Q4 2023
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

Inseego expects Q1 2025 total revenue to be in the range of $30.0 million to $33.0 million and Adjusted EBITDA to be in the range of $2.0 million to $3.0 million.

Tailwinds

  • Confidence in delivering year-on-year growth in 2025.
  • Focus on expanding solution portfolio and customer base.
  • Commitment to driving long-term growth and stockholder value.
  • Successful restructuring of outstanding convertible notes.
  • Increased liquidity and flexibility from telematics business sale.

Headwinds

  • Anticipated near-term headwinds in the first quarter.

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 2024

Historical avgQ4 2024

-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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