earnings
confidence high
sentiment positive
materiality 0.80
Inseego Q1 revenue $34.3M, Adj EBITDA $1.8M; to acquire Nokia’s FWA business
INSEEGO CORP.
2026-Q1 EPS reported
$0.65
revenue$34,338,000
- Q1 revenue $34.3M (+8.4% YoY); GAAP net loss $4.5M; Adj EBITDA $1.8M (margin 5.1%).
- Announced acquisition of Nokia’s Fixed Wireless Access business; expected close Q4 2026; Nokia to receive ~7% equity stake ($20M) plus $10M investment for ~11% total ownership.
- Q2 2026 guidance: revenue $36.5M-$43.5M, Adj EBITDA $250K-$2.0M; FY2026 revenue ~$190M.
- Secured new U.S. Tier-1 carrier wins for 4th gen FWA device and value-tier MiFi; appointed Koroush Saraf as CPO.
- Non-GAAP gross margin 48.9% (+139 bps YoY); cash $19M, debt $49M (net debt ~$28M).