Inseego Corp (INSG) News & EventsINSGInseego Corp

Company Sees Q4 2026 Adjusted EBITDA of $0M-$2M

Sees Q4 adjusted EBITDA $0M-$2M. The company said, "Anticipated Q4 2026 Adjusted EBITDA includes the impact of support payments from Nokia under the acquisition agreement in the range of $12 million to $14 million."

Inseego Reports Q3 Revenue of $33.26M, Acquires Nokia's Business

Reports Q3 revenue $33.26M, consensus $31.21M. "We were very pleased to complete the acquisition of Nokia's Fixed Wireless Access Business on October 1st, which will allow us to expand our carrier partnerships globally," said Juho Sarvikas, CEO of Inseego. "Inseego North America, representing our legacy business, delivered Q3 revenue and adjusted EBITDA within our guided range, but we need to continue to improve our performance. I have taken steps to address the engineering and product delivery issues I highlighted last quarter, including bringing in a new CTO, and we are underway with our efforts to restructure the engineering function. Our focus now is on ensuring execution in the short-term while we integrate the FastMile business with Inseego North America to operate as one global company."

Inseego Appoints Nick Lambourne as Chief Technology Officer

Inseego Corp. announced that Nick Lambourne has joined the company as Chief Technology Officer. Lambourne will lead Inseego's global engineering organization across hardware, embedded software, and cloud platforms as the company expands its scale and global footprint through its planned acquisition of Nokia's Fixed Wireless Access business. Most recently, Lambourne was CTO of Particle, where he helped build an enterprise IoT business that paired connected hardware with recurring software services and helped guide the company's integration following its acquisition by Digi International.