secwatch.observer — SEC 8-K summary
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Issuer:     INSEEGO CORP. (INSG)
CIK:        0001022652
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001022652-22-000036
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inseego Q3 net loss $15.7M, revenue $69.2M; expects cash breakeven Q1 2023
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- Net revenue $69.2M, GAAP net loss $15.7M ($0.15/share), non-GAAP loss $0.11/share.
- Adjusted EBITDA negative $2.5M; unrestricted cash $18.1M at quarter end.
- 5G revenue up 22% YoY; enterprise FWA now 13% of total revenue.
- Launched next-gen 5G mobile hotspot with Verizon and Telstra; introduced 5G SD EDGE.
- CFO guides Q4 gross margin improvement, cash flow breakeven in Q1 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022652/000102265222000036/0001022652-22-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022652/000102265222000036/insg-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001022652-22-000036

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