Inpixon Stock Price, News & Analysis

Inpixon (Nasdaq: INPX) announced on December 14, 2021, that its board of directors authorized a review of strategic alternatives, which may include an asset sale, a merger, or a spin-off of business units. CEO Nadir Ali emphasized the company’s strong cash position and recent revenue growth, indicating they aim to maximize shareholder value amid stock trading below its potential. Inpixon recently received interest from another firm valuing it above its current market cap and plans to engage an investment bank for the review process. However, no timeline or guarantees for a strategic outcome have been established.

Inpixon (Nasdaq: INPX) has announced its definitive agreement to acquire IntraNav GmbH, a leader in industrial IoT and RTLS technology. This strategic acquisition aims to bolster Inpixon's capabilities in Industry 4.0, enhancing its location intelligence platform with advanced products and a broad IP portfolio. IntraNav's clientele includes major enterprises like Siemens Energy and Festo. The transaction is expected to close on December 9, 2021, and aims to create significant growth opportunities in the industrial IoT market by optimizing operations and improving supply chain efficiencies.

Inpixon (Nasdaq: INPX) reported a robust financial performance for Q3 2021, achieving 74% revenue growth year-over-year, with revenues reaching $4.5 million. For the nine months ending September 30, 2021, revenues doubled to $10.9 million. The increase is driven by enhanced demand for their smart office app and location-based technologies. However, the net loss attributable to stockholders rose to $33.6 million, mainly due to unrealized losses on the Sysorex note and increased operational expenses. The company retains strong liquidity of over $100 million.

On November 9, 2021, Inpixon (Nasdaq: INPX) announced a conference call set for 4:30 p.m. ET on November 15, 2021, to discuss its Q3 2021 financial results, ending September 30, 2021. The financial results will be released after market close on the same day. The call will cover updates on corporate progress and developments. Interested parties can access the call by phone or via a webcast, and a replay will be available post-call. Inpixon specializes in Indoor Intelligence™, providing analytics for various industries.

Inpixon (Nasdaq: INPX) and Ostendo Technology have partnered to deliver an augmented reality (AR) mobile app, ExperienceApp, to Miami Beach's Washington Avenue Business Improvement District. This collaboration, set for an initial two-year term, aims to enhance the visitor experience by integrating AR smart glasses and mapping technology with local cultural and business offerings. City officials, including Mayor Dan Gelber, endorse the initiative as a means to innovate Miami's tech hub and improve tourism engagement.

Inpixon (Nasdaq: INPX) announced its receipt of a Notice of Allowance from the U.S. Patent and Trademark Office for a patent covering geolocation and state-reporting methods for weapon tracking using GPS, cellular, sound, and vibration technologies. This patent strengthens Inpixon's intellectual property portfolio, enhancing its asset tracking capabilities for applications across military, law enforcement, and additional critical sectors. The company intends to utilize these patented methods in its existing weapon tracking products and future asset tracking solutions.

Inpixon (Nasdaq: INPX) announced the launch of Inpixon Mapping 4.15, enhancing its indoor mapping platform. The update introduces features like a redesigned CMS for venue management, Okta SSO for secure logins, and standalone SDK services aimed at improving app performance. Additional enhancements include better GeoJSON management and multi-building renderings. CEO Nadir Ali emphasized the importance of great maps for exceptional experiences across various industries. This release aligns with Inpixon’s strategy to strengthen its position in the growing indoor intelligence market.