Inseego Corp. develops cloud-first wireless edge solutions for mobile broadband, fixed wireless access, IoT connectivity and subscriber lifecycle management. Its product portfolio includes 5G FWA routers, MiFi mobile hotspots, Skyus IoT solutions, Inseego Connect device-management software and Inseego Subscribe, a cloud-based SaaS BSS platform for service providers.
Company news covers product introductions for enterprise wireless deployments, platform enhancements, carrier and service-provider use cases, operating and financial results, and governance updates. Recurring corporate developments also include material agreements, shareholder voting matters and capital-structure disclosures tied to Inseego's common stock and financing arrangements.
Inseego Corp. (Nasdaq: INSG) announced a rescheduling of its first quarter fiscal year 2022 conference call from 5:00 p.m. to 4:30 p.m. Eastern Time on May 4, 2022. This adjustment aims to avoid conflicts with other companies' earnings announcements that day. The call will include a Q&A session with analysts and will be accessible through a live audio webcast. Investors can register for the call via telephone or access a replay until May 18, 2022. Inseego continues to lead in 5G IoT solutions, focusing on robust connectivity across various sectors.
UScellular has launched its 5G mmWave high-speed internet service known as Home Internet+ in parts of 10 cities, including locations in Illinois, Iowa, Wisconsin, and Washington. This service offers speeds up to 300 Mbps, significantly higher than its previous 4G LTE service. The rollout, achieved in partnership with Qualcomm and Inseego, marks a strategic shift towards expanding broadband access. UScellular plans to extend the service to numerous additional cities throughout 2022, aiming to bridge the digital divide with affordable internet solutions.
Inseego Corp. (Nasdaq: INSG) will announce its financial results for Q1 2022 on May 4, 2022, at 5:00 p.m. Eastern Time. A conference call with analysts and investors will follow, featuring a Q&A session. Participants can access the call via a live audio webcast on the company’s website or register for telephone participation. An audio replay will be available until May 18, 2022. Inseego specializes in 5G and IoT device-to-cloud solutions, providing advanced connectivity through its products.
Inseego Corp. (NASDAQ: INSG) has appointed Chuck Becher as Senior Vice President and General Manager of Carrier Solutions. He brings over 25 years of wireless industry experience, previously serving at Onward Mobility and Sonim Technologies. Becher will oversee Inseego's carrier portfolio, addressing 5G and cloud software demands. Inseego plans to issue inducement awards consisting of 100,000 stock options and 25,000 RSUs to Becher, with a vesting schedule spanning four years. The appointment aims to enhance Inseego's innovation and market expansion in the 5G sector.
Inseego Corp. (NASDAQ: INSG) announced the availability of its 5G mobile hotspot, the MiFi® M2000, for TELUS customers in Canada. This hotspot is the first commercially available 5G device on the TELUS network, promising high-speed wireless connectivity for enterprise employees, gamers, and remote users. The device supports up to 30 Wi-Fi-enabled devices and features Wi-Fi 6 for enhanced throughput, all-day battery life, and enterprise-grade security. Available at TELUS stores and online, the MiFi M2000 aims to deliver reliable broadband connectivity across Canada.
Inseego Corp (NASDAQ: INSG) will participate in the 34th Annual ROTH Conference on March 14, 2022, at the Ritz Carlton Laguna Niguel Hotel, Dana Point, California. CEO Ashish Sharma and CFO Bob Barbieri will conduct one-on-one investor meetings throughout the day. Attendance at the conference is by invitation only, and registration is required. Interested parties can contact ROTH representatives or Inseego’s investor relations for scheduling meetings. Inseego specializes in 5G and IoT solutions that improve connectivity and offer advanced broadband services.
Inseego Corp. (Nasdaq: INSG) reported a strong fourth quarter with net revenue of $72.9 million, contributing to an annual total of $262.4 million. The company's 5G revenue grew 132% year-over-year. Despite a GAAP operating loss of $9.8 million, Inseego is optimistic about future growth driven by its 5G and cloud solutions, which accounted for 58% of quarterly revenue. Ashish Sharma will succeed Dan Mondor as CEO effective March 1, 2022, with Mondor becoming Executive Chairman.
Inseego Corp. has praised the U.S. House of Representatives for passing the America COMPETES Act, which aims to enhance U.S. supply chain resilience and support Open Radio Access Network (RAN) innovation. This legislation is expected to foster a diverse ecosystem of 5G suppliers, ensuring a stable supply chain for next-gen wireless networks. Inseego's CEO Dan Mondor emphasized the importance of this act for American leadership in 5G technology. The company is actively contributing to 5G innovations, providing solutions for unserved communities, smart cities, and critical infrastructure.
Inseego Corp. (NASDAQ: INSG) announces the launch of its 5G MiFi® M2000 mobile hotspot in Saudi Arabia through Zain KSA. The M2000 offers significant advancements including gigabit internet speeds, Wi-Fi 6 capabilities, and robust security features. It supports connectivity for up to 30 devices simultaneously, benefiting both personal and business users with all-day connectivity. This marks Inseego's inaugural 5G offering in the region, highlighting its commitment to expanding its 5G solutions and enhancing customer experiences.
Inseego Corp. (Nasdaq: INSG) will announce its financial results for Q4 and the year ended December 31, 2021 on March 1, 2022, after market close. A webcast and Q&A session will follow at 5:00 p.m. ET.
The call will be accessible via the Investors section of the company’s website, with an audio replay available until March 15, 2022. Inseego specializes in innovative 5G and IoT solutions, enhancing connectivity and coverage with advanced technologies.