---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-003164"
form_type: "8-K"
ticker: "INSG"
cik: "0001022652"
company_name: "INSEEGO CORP."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T04:39:13.767714+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Inseego Q1 revenue $45M, Adj. EBITDA $3.8M; Q2 guidance significantly ahead

## Summary
- Q1 revenue $45.0M, GAAP net loss $4.5M ($0.44 loss per share), Adjusted EBITDA positive $3.8M.
- Cash increased $4.8M in Q1 to $12.3M; ABL facility voluntarily paid off and terminated in April.
- Q2 guidance: revenue $52M-$56M, Adjusted EBITDA $6.5M-$7.5M (significantly ahead of Q1).
- Non-GAAP gross margin improved YoY to 38.7% from 36.2% on higher-margin product mix.

## SEC filing metadata
- accession: 0001683168-24-003164
- form_type: 8-K
- ticker: INSG
- cik: 0001022652
- company_name: INSEEGO CORP.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022652/000168316824003164/0001683168-24-003164-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022652/000168316824003164/inseego_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-003164
- JSON: https://secwatch.observer/filing/0001683168-24-003164.json
- Plain text: https://secwatch.observer/filing/0001683168-24-003164.txt

## Key facts
- Earnings Releases
  INSEEGO CORP. reported the quarter ended March 31, 2024 results: revenue $45.0 million, net income $4.5 million, EPS $(0.44) per share. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2024
  - Revenue: $45.0 million
  - Net income: $4.5 million
  - EPS: $(0.44) per share
  - Guidance: reaffirmed
  - Result: preliminary results
  source text: DATED MAY 9, 2024.) --- EX-99.1 2 inseego_ex9901.htm PRESS RELEASE DATED MAY 9, 2024. Exhibit 99.1 Inseego Reports First Quarter 2024 Financial Results Q1 2024 revenue of $45.0 million Q1 2024 GAAP Net Loss of $4.5 million and positive Adjusted EBITDA of $3.8 million Fifth consecutive quarter of positive Adjusted EBITDA SAN DIEGO—May 9, 2024 —Inseego Corp.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1022652/000168316824003164/0001683168-24-003164-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.