secwatch.observer — SEC 8-K summary
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Issuer:     INSEEGO CORP. (INSG)
CIK:        0001022652
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001022652-23-000033
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inseego Q3 revenue $48.6M, net loss $21.8M; guides Q4 revenue $40-42M
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- Revenue $48.6M, GAAP net loss $21.8M ($0.19/share), adjusted EBITDA positive $4.0M.
- 5G FWA revenue grew 29% YoY; 5G revenue 54% of total; cloud software 30% of revenue.
- Operating expenses at lowest in over two years; third straight quarter of positive cash flow and adjusted EBITDA.
- Q4 2023 guidance: revenue $40-42M, adjusted EBITDA $1.5-2.0M.
- Appointed Steven Gatoff as CFO (Sep), Philip Brace to board (Sep), Steve Harmon as CRO (Oct).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022652/000102265223000033/0001022652-23-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022652/000102265223000033/insg-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001022652-23-000033

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