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INSG News
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Inseego Reports Q2 Revenue of $43.98M, Beating Expectations
Reports Q2 revenue $43.98M, consensus $39.91M. "We delivered revenue ahead of guidance in Q2, reflecting benefits from the diversification of both our customer base and product portfolio this past year," said Juho Sarvikas, CEO of Inseego. "A key operational milestone was reached in Q2 as we have now launched our refreshed Mobile product family across all three North American Tier-1 carrier customers, a significant accomplishment in the Company's history. As we move into the second half of 2026, our focus is on converting the launched product portfolio into revenue, improving gross margins, strengthening our engineering and product delivery, and aligning costs with the revised revenue profile."
Sees Q3 Adjusted EBITDA Loss of $1M-$2M
Sees Q3 adjusted EBITDA loss $1M-$2M.
Inseego CFO: Q2 Revenue Growth Achieved
Steven Gatoff, CFO of Inseego, added: "We delivered sequential and year-over-year revenue growth in Q2, and Adjusted EBITDA within our guided range. We continue to work towards the anticipated Q4 2026 closing of the FWA acquisition with Nokia."
Inseego Establishes Engineering Center in Athens, Greece
As part of strengthening its international reach, Inseego will establish a key engineering center in Athens, Greece, recognizing the depth of engineering talent in the region and the strong software and wireless engineering capabilities of the Nokia team. The Athens team will continue to play an important role in product development, customer support, and the advancement of Inseego's global fixed wireless access portfolio at a global level.
Inseego Selects Amsterdam as International Operations Center
Inseego has selected Amsterdam as its center for international operations, extending the reach of its San Diego-based global headquarters, citing the city's attractive business climate, strong connectivity to European and global markets, and logistical advantages for shipping to and from customers and partners across the region. The international headquarters will extend the reach of Inseego as a strong, operating business following the acquisition of Nokia's FWA business. The Amsterdam operations will serve customers while building and expanding regional capabilities for a disciplined foundation for growth and profitability.
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