Inseego Q2 2024 GAAP EPS $(0.02) Beats $(0.14) Estimate, Sales $59.149M Beat $53.647M Estimate
Portfolio Pulse from Benzinga Newsdesk
Inseego (NASDAQ:INSG) reported Q2 2024 GAAP EPS of $(0.02), beating the analyst estimate of $(0.14). The company also reported sales of $59.149M, surpassing the $53.647M estimate.
August 07, 2024 | 8:26 pm
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Inseego reported better-than-expected Q2 2024 results with a GAAP EPS of $(0.02) beating the $(0.14) estimate and sales of $59.149M surpassing the $53.647M estimate.
Inseego's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates by significant margins indicates strong performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100