Articles from Inseego Corp.

Inseego Corp. (Nasdaq: INSG), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises and SMBs, today announced that the company will release its financial results for the third quarter of 2024, ended September 30, 2024, after the financial markets close on November 12, 2024.

Inseego Corp. (Nasdaq: INSG), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, enterprise, government and SMBs, announces the availability of its multi-carrier certified, MiFi X PRO 5G mobile hotspot. The MiFi brand is a category leader for mobile hotspots and this exclusive launch for Inseego Ignite Channel Partners is a significant turning point supporting the channel and expanding the market for the MiFi category. Previously, the MiFi X PRO was only available for purchase from mobile network operators, with network specific hardware. Now, for the first time, Inseego Ignite channel partners can sell the industry's leading mobile hotspot, certified and unlocked for all major U.S. carriers, with flexibility to swap the SIM in a single hardware SKU, to enhance their connectivity offerings and drive new customer value.

Inseego Corp. (Nasdaq: INSG) (the “Company” or “Inseego”), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises, and SMBs, today announced that it has entered into a definitive agreement to sell its fleet management and telematics business in an all-cash transaction for $52 million. Under the terms of the agreement, a portfolio holding company of Convergence Partners ("Convergence"), an investment management firm focused on the technology sector, will acquire Inseego’s remaining telematics business that operates across the United Kingdom, the European Union, Australia and New Zealand.

Inseego Corp. (Nasdaq: INSG) (the “Company” or “Inseego”), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises, and SMBs, is continuing to improve its capital structure and reduce its total debt. Today, Inseego announced that it has (i) voluntarily paid-down an aggregate of $9.5 million, or approximately 49%, of the Company’s outstanding short-term loan, and (ii) entered into a binding agreement (the “Exchange Term Sheet”) with another holder of $5 million in principal amount of the Company’s outstanding 3.25% convertible notes due 2025 (the “2025 Convertible Notes”) to exchange the 2025 Convertible Notes into long-term debt and equity.

Inseego Corp. (Nasdaq: INSG), a technology leader in 5G mobile and fixed wireless access solutions for mobile network operators, enterprise, government and SMBs, announces the availability of the Inseego Wavemaker 5G indoor router FX3110. Exclusively available through Inseego Ignite Channel Partners, this single SKU device is Inseego’s first 5G FWA indoor router that is certified on all major U.S. carrier networks. The compact FX3110 router boasts lightning-fast 5G connectivity, robust security features, and seamless remote management capabilities, making it an easy-to-deploy solution.

Inseego Corp. (Nasdaq: INSG) (the “Company”), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises and SMBs, today reported its results for the second quarter of 2024 ended June 30, 2024. The Company reported second quarter revenue of $59.1 million, GAAP operating income of $2.3 million, GAAP net income of $0.6 million, GAAP net loss of $(0.02) per common share after non-cash preferred dividends, and Adjusted EBITDA of positive $8.4 million. Unrestricted cash and cash equivalents at June 30, 2024 were $49.0 million.

Inseego Corp. (Nasdaq: INSG), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises, and SMBs, today announced that the board of directors extended the appointment of Philip Brace as Executive Chairman for two additional 6-month terms, effective immediately.

Inseego Corp. (Nasdaq: INSG), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises, and SMBs, today announced the recent appointments of David Markland in the newly-created role of Chief Product Officer; Dean Antonilli as SVP Sales, Service Providers; and Sal Aroon in the new role of Vice President and Head of Operations. The leadership team additions bring a strong combination of deep wireless operational experience, technical expertise, and change management acumen. These latest additions further enhance Inseego’s position of delivering its innovative and leading products and cloud services to its customers and service provider partners in addressing compelling market needs and growth.

Inseego Corp. (Nasdaq: INSG), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises and SMBs, today announced that the company will release its financial results for the second quarter of 2024, ended June 30, 2024, after the financial markets close on August 7, 2024.

Inseego Corp. (Nasdaq: INSG) (the “Company”), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises, and SMBs, announced today that it has entered into a series of agreements, as part of its overall capital structure management to reduce its total debt and restructure its outstanding 3.25% convertible notes due 2025 (the “2025 Notes”). As part of this initiative, the Company’s three largest noteholders, whose holdings represent more than $125 million face value or nearly 80% of the outstanding 2025 Notes, have agreed to sell to the Company for cash, or exchange for long-term debt and equity of the Company, all of their 2025 Notes. This meaningful reduction and long-term extension of debt was executed at a 30% discount to the face value of the notes, further contributing to the improvement of the Company’s capital structure.

Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, announced the industry’s first FIPS 140-2 (Federal Information Processing Standard Publication 140-2) certified 5G mobile hotspot. MiFi® X PRO 5G mobile hotspot provides government agencies and businesses unparalleled security for mobile connectivity. The MiFi X PRO 5G now includes FIPS 140-2 federally validated cryptographic software that meets the standards set by the National Institute of Standards and Technology (NIST).

Inseego Corp. (Nasdaq: INSG) (the “Company”), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises and SMBs, today reported its results for the first quarter ended March 31, 2024. The Company reported first quarter revenue of $45.0 million, GAAP operating loss of $1.7 million, GAAP net loss of $4.5 million, GAAP net loss of $(0.44) per share, and Adjusted EBITDA of positive $3.8 million. Unrestricted cash and cash equivalents at March 31, 2024 were $12.3 million.

Inseego Corp. (Nasdaq: INSG) (the “Company”), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises, and SMBs, announced today that as a result of its improving liquidity position and financial results, the Company exercised its right to voluntarily pay-off and terminate its asset-backed loan facility (the “ABL Facility”) with Siena Lending Group (“Siena”).

Inseego Corp. (Nasdaq: INSG), a technology leader in 5G and 4G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises and SMBs, today announced that the company will release its financial results for the first quarter of 2024, ended March 31, 2024, after the financial markets close on May 9, 2024.

Inseego Corp. (Nasdaq: INSG) (the “Company”), a technology leader in 5G and 4G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises, SMBs, and consumers, today reported its results for the fourth quarter and year ended December 31, 2023. The Company reported fourth quarter revenue of $42.8 million, GAAP operating loss of $11.1 million, GAAP net loss of $14.3 million, GAAP net loss of $1.28 per share, and Adjusted EBITDA of positive $4.1 million. Unrestricted cash and cash equivalents at December 31, 2023 were $7.5 million.

Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, today announced that the company will release its financial results for the fourth quarter and year ended December 31, 2023 after the financial markets close on February 21, 2024.

Inseego Corp. (Nasdaq: INSG) (the “Company”) today announced that it intends to effect a 1-for-10 reverse stock split of its issued and outstanding shares of common stock (the “Reverse Stock Split”) that will become effective after the close of the market at 5:00 p.m. Eastern Time on January 23, 2024 (the “Effective Time”). The Company's common stock is therefore expected to begin trading on a split-adjusted basis the following morning when the market opens on January 24, 2024. The Company's common stock will continue to trade on the Nasdaq Global Select Market under the symbol “INSG” but will have a new CUSIP number following the Reverse Stock Split that is 45782B302.

Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, today announced Keri Bolding has joined the company in the newly-created role of SVP of Global Channel Sales & Distribution. Bolding will oversee the company's global channel sales and distribution strategy, reporting to Inseego’s Chief Revenue Officer, Steve Harmon.

Inseego Corp., a leader in 5G edge cloud solutions, announced the launch of the Inseego Wavemaker™ 5G indoor router FX3100 for T-Mobile for Business customers. This compact, cutting-edge FWA device provides ultra-fast, reliable, and secure connectivity, empowering enterprise customers to stay connected and productive like never before.

Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in 5G edge cloud solutions, today reported its results for the third quarter of 2023 ending September 30, 2023. The Company reported third quarter total revenue of $48.6 million, GAAP operating loss of $18.4 million, GAAP net loss of $21.8 million, GAAP net loss of $0.19 per share, adjusted EBITDA of $4.0 million, and non-GAAP net loss of $0.16 per share. Cash and cash equivalents at quarter end was $18.9 million.

Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, today announced that effective today, Steve Harmon has joined the company in the newly-created role of Chief Revenue Officer of Inseego. Harmon will oversee the company's global revenue growth, marketing and business development strategy, reporting to Inseego’s President and Chief Executive Officer, Ashish Sharma.

Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, today announced that the company will release its financial results for the third quarter ended September 30, 2023, after the financial markets close on Thursday, November 2, 2023.

Inseego Corp., a leader in 5G edge cloud solutions, today announced it has appointed experienced technology executive Philip Brace to its board of directors as an independent director.

Inseego Corp., a leader in 5G edge cloud solutions, today announced the appointment of Steven Gatoff as Chief Financial Officer, effective September 14, 2023. Mr. Gatoff will succeed Robert G. Barbieri, who will be stepping down from the CFO role to pursue his desire to return to his consulting business.

Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in 5G edge cloud solutions, today reported its results for the second quarter ended June 30, 2023. The Company reported second quarter net revenue of $53.6 million, GAAP operating loss of $3.3 million, GAAP net loss of $4.9 million, GAAP net loss of $0.05 per share, adjusted EBITDA of positive $4.5 million, and non-GAAP net loss of $0.02 per share. Unrestricted cash and cash equivalents at quarter end was $15.2 million.

In the forth paragraph of release, telephone conference link should read: https://dpregister.com/sreg/10178932/f9736ea4ac.

Inseego Corp., a leader in 5G edge cloud solutions, today announced the launch of the next-generation 5G indoor router FX3100, with UScellular. The new upgraded FX3100, which includes the Qualcomm® Snapdragon™ X62 5G Modem-RF System, adds new capabilities to the current generation FX2000 that has been well received in the market. The new FX3100 solution brings blazing fast broadband internet to residential, enterprise and SMB customers in an attractive and small form factor that can be easily deployed by end users.

Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in 5G edge cloud solutions, today reported its results for the first quarter ended March 31, 2023. The Company reported first quarter net revenue of $50.8 million, GAAP operating loss of $3.6 million, GAAP net loss of $5.1 million, GAAP net loss of $0.05 per share, adjusted EBITDA of positive $4.1 million, and non-GAAP net loss of $0.02 per share. Unrestricted cash and cash equivalents at quarter end was $8.7 million.

Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, will release financial results for the quarter ended March 31, 2023, after the stock market close on Wednesday, May 3, 2023.

Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in 5G edge cloud solutions for the enterprise, today reported its results for the fourth quarter and year ended December 31, 2022. The Company reported fourth quarter net revenue of $52.9 million, GAAP operating loss of $14.2 million, GAAP net loss of $15.3 million, GAAP net loss of $0.14 per share, adjusted EBITDA of negative $3.0 million, and non-GAAP net loss of $0.11 per share. Unrestricted cash and cash equivalents at quarter end was $7.1 million. On a full year basis, 2022 net revenue was $245.3 million.

Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, will release financial results for the quarter and year ended December 31, 2022 after the stock market close on Wednesday, March 1, 2023.

Inseego Corp. (Nasdaq: INSG), a leader in 5G Enterprise solutions, today announced the launch of the latest generation MiFi® 5G mobile hotspot at T-Mobile, home of America’s largest, fastest, and most reliable 5G network. This 10th generation MiFi hotspot, a product category invented by Inseego, is also the company’s third generation 5G mobile hotspot. The new MiFi X PRO 5G is now available to purchase at T-Mobile stores and online here starting November 17.

Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in 5G edge cloud solutions, today reported its results for the third quarter ended September 30, 2022. The Company reported third quarter net revenue of $69.2 million, GAAP operating loss of $11.9 million, GAAP net loss of $15.7 million, GAAP net loss of $0.15 per share, adjusted EBITDA of negative $2.5 million, and non-GAAP net loss of $0.11 per share. Unrestricted cash and cash equivalents at quarter end was $18.1 million.

Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, will release financial results for the quarter ended September 30, 2022 on Wednesday, November 2, 2022.

Inseego Corp., a leader in 5G edge cloud solutions, in partnership with CyberReef, home of the patented MobileWall suite of secure mobile networking solutions, today announced a new offering that enables deployment of highly secure mobile access applications that meet and exceed network security compliance requirements, including the Children’s Internet Protection Act (CIPA) for education, the Health Insurance Portability and Accountability Act (HIPAA) for healthcare and the Payment Card Industry Data Security Standard (PCI DSS) for retail, which are the U.S. national standards set for security and privacy in these industries.

Inseego Corp. (Nasdaq: INSG) announced today that the Inseego Wavemaker™ FG2000 5G indoor router is now available for Drei Austria business customers. This compelling 5G fixed wireless access (FWA) solution is purpose-built for businesses to enable secure, high-performance, reliable internet for business applications. Drei is part of 3 Group Europe, which includes networks in Austria, Denmark, Italy, Ireland, Sweden and the United Kingdom. This represents the second member of the 3 Group to select Inseego 5G fixed wireless products.

Inseego Corp. (Nasdaq: INSG), a leader in 5G and intelligent IoT device-to-cloud solutions, today announced the launch of the next generation MiFi® 5G mobile hotspot with Telstra, bringing the power of Australia’s largest 5G network to its customers on-the-go. The new MiFi X PRO 5G mobile hotspot delivers reliable high speed 5G broadband experience combined with Wi-Fi 6—all while retaining its all-day battery life. The new MiFi X PRO 5G mobile hotspot is now available for purchase at Telstra branded stores, selected partner stores and through www.telstra.com.au.

Inseego Corp. (Nasdaq: INSG), a leader in 5G and intelligent IoT device-to-cloud solutions, today introduced the new MiFi® X PRO 5G UW mobile hotspot, delivering the full range of 5G connectivity including C-Band, along with Wi-Fi 6 for performance that packs more power and flexibility into one of the market’s most trusted mobile hotspots for business — all while retaining its all-day battery life1. The new MiFi® X PRO 5G UW is Verizon’s third generation 5G mobile hotspot by Inseego and now available to order in stores and online here.

Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in 5G edge cloud solutions, today reported its results for the second quarter ended June 30, 2022. The Company reported second quarter net revenue of $61.9 million, GAAP operating loss of $10.0 million, GAAP net loss of $12.4 million, GAAP net loss of $0.12 per share, adjusted EBITDA of negative $1.0 million, and non-GAAP net loss of $0.09 per share. Cash and cash equivalents at quarter end, including restricted cash, was $24.4 million.

Inseego Corp., (NASDAQINSG) a leader in 5G edge cloud solutions, today announced Verizon has certified Inseego’s 5G fixed wireless access (FWA) portfolio to include C-Band spectrum connectivity across their network. Verizon customers can now harness the power of 5G mid-band spectrum to get the speed, reliability and flexibility they need for consumer, business and industrial environments with Inseego’s industry leading portfolio of indoor and outdoor 5G FWA solutions.

Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, will release financial results for the quarter ended June 30, 2022 on Monday, August 8, 2022.

Inseego Corp. (Nasdaq: INSG) announced today that the Inseego Wavemaker™ FX2000 5G indoor router is now being sold to customers on the Three Sweden network. Three Sweden is part of Three Group Europe, which includes networks in Austria, Denmark, Italy, Ireland, Sweden and the United Kingdom.

Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, today announced the release of Inseego 5G SD EDGE™ for enterprises, a 5G cloud networking solution that delivers networking and security through a 5G network fabric, thereby eliminating the need for complex, expensive, on-premise custom legacy hardware solutions. The Inseego 5G SD EDGE cloud enables the industry's first zero trust network access (ZTNA) solution with distributed security and granular IT control designed exclusively for 5G networks. This new solution follows a novel approach to create a thin edge that is cloud controlled and makes digital transformation simple, fast, and affordable for enterprises of all sizes.

Inseego Corp. (Nasdaq: INSG), a leader in 5G and intelligent IoT device-to-cloud solutions, today announced that management will participate and present at the upcoming investor conferences:

Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in 5G and intelligent IoT device-to-cloud solutions, today reported its results for the first quarter ended March 31, 2022. The Company reported first quarter net revenue of $61.4 million, GAAP operating loss of $21.8 million, GAAP net loss of $25.9 million, GAAP net loss of $0.24 per share, adjusted EBITDA of negative $3.3 million, and non-GAAP net loss of $0.11 per share. Cash and cash equivalents at quarter end, including restricted cash, was $45.2 million.

Inseego Corp. (Nasdaq: INSG), a leader in 5G and intelligent IoT device-to-cloud solutions, announced today that it will reschedule the time of its first quarter fiscal year 2022 conference call, previously scheduled for Wednesday, May 4, 2022 at 5:00 p.m. Eastern Time, to Wednesday, May 4, 2022 at 4:30 p.m. Eastern Time. The adjustment to the time helps avoid a crowded earnings schedule with peer companies also reporting the same day.

Inseego Corp. (Nasdaq: INSG), a leader in 5G and intelligent IoT device-to-cloud solutions, will release financial results for the quarter ended March 31, 2022 on Wednesday, May 4, 2022.

Inseego Corp. (Nasdaq: INSG), a leader in 5G and intelligent IoT device-to-cloud solutions, today announced the appointment of Chuck Becher as Senior Vice President and General Manager of Carrier Solutions. Becher will provide leadership and oversight to the Carrier Solutions business, leading the execution of Inseego’s carrier portfolio that includes 4G, 5G and cloud software solutions that are deployed by a growing roster of carriers domestically and abroad.

Inseego Corp. (Nasdaq: INSG) announced today that its flagship 5G mobile hotspot, the MiFi® M2000, is now available for TELUS customers in Canada. TELUS is one of the largest mobile network operators in Canada with approximately 10 million mobile subscribers. This is the first commercially available 5G mobile hotspot on the TELUS network and will bring breakthrough wireless speed and low-latency responsiveness to remote enterprise employees, streamers, gamers and all who want the fastest possible connections.

Inseego Corp., a leader in 5G and intelligent device-to-cloud solutions, applauds the U.S House of Representatives on its passage of the America COMPETES Act, which contains important measures to improve U.S. supply chain resiliency, including funding for Open Radio Access Network (RAN) innovation.

Inseego Corp. (Nasdaq: INSG), a leader in 5G and smart device-to-cloud solutions, today announced the Inseego 5G MiFi® M2000 mobile hotspot is now being sold in Saudi Arabia by Zain KSA, a member of the Zain Group, one of the largest Group mobile network operators in the Middle East delivering mobile voice and data services to over 48 million customers. Winner of dozens of awards and accolades, including the 2022 CES Innovation Honoree award, the MiFi M2000 puts reliable, lightning-fast 5G and Wi-Fi 6 into the hands of Zain KSA business and consumer customers, with best-in-class performance capable of delivering gigabit internet speeds and robust security.

Inseego Corp. (Nasdaq: INSG), a leader in 5G and intelligent IoT device-to-cloud solutions, will release financial results for the quarter and year ended December 31, 2021 after the stock market close on Tuesday, March 1, 2022.

Inseego Corp. (Nasdaq: INSG), a leader in 5G and intelligent IoT device-to-cloud solutions, today announced that Dan Mondor, Inseego Chairman and CEO, will present at the 24th Annual Needham Virtual Growth Conference on Tuesday, January 11, 2022, at 1:15 p.m. Eastern time. Mr. Mondor, Ashish Sharma, President, and Bob Barbieri, CFO, will participate in Q&A immediately following the presentation and will also host virtual one-on-one meetings throughout the day by appointment only.

Inseego Corp. (Nasdaq: INSG), a leader of 5G and intelligent IoT device-to-cloud solutions for enterprises and consumers, congratulates the U.S. Congress and President Joseph R. Biden for a monumental achievement in passing the Infrastructure Investment and Jobs Act.

Inseego Corp. (Nasdaq: INSG), a leader of 5G and intelligent IoT device-to-cloud solutions, today announced that Ritesh Mukherjee has been appointed Senior Vice President and General Manager of Enterprise Networking Business.

Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in 5G and intelligent IoT device-to-cloud solutions, today reported its results for the third quarter ended September 30, 2021. The Company reported third quarter net revenue of $66.2 million, GAAP operating loss of $10.0 million, GAAP net loss of $9.0 million, GAAP net loss of $0.09 per share, negative adjusted EBITDA of $0.8 million, and non-GAAP net loss of $0.08 per share. Cash and cash equivalents at quarter end, including restricted cash, was $61.6 million.

Inseego Corp. (Nasdaq: INSG) today announced its Wavemaker 5G indoor router FX2000 will be available on November 5 for T-Mobile for Business customers. The Wavemaker device is a powerful customer premises solution for enterprise and small business. It provides dual-band Wi-Fi 6 that can connect up to 30 Wi-Fi enabled devices, including laptops, tablets, POS systems, smartphones, televisions and more.

Inseego Corp. (Nasdaq: INSG), a leader in 5G and intelligent IoT device-to-cloud solutions, today announced that management will participate at the upcoming investor conferences:

A gold mine in Queensland. A winery in New South Wales. A remote worker in Victoria. Across Australia, the need for better broadband is on the rise — not just in capital cities, but in regional and rural areas as well. Now a new 5G/LTE outdoor gateway from Inseego Corp. (NASDAQINSG) is extending the reach of the Telstra network to a variety of businesses in hard-to-reach areas.

Inseego Corp. (Nasdaq: INSG), a leader of 5G and intelligent IoT device-to-cloud solutions, today announced that Robert G. Barbieri, who has been serving as the Company’s interim Chief Financial Officer, has been appointed Chief Financial Officer on a permanent basis, effective October 25, 2021.

Inseego Corp. (Nasdaq: INSG), a leader in 5G and intelligent IoT device-to-cloud solutions, will release financial results for the quarter ended September 30, 2021 after the stock market close on Wednesday, November 3, 2021.

Inseego Corp., a leader in 5G and intelligent IoT device-to-cloud solutions, today announced availability of the USB8L 4G Global modem through Verizon Business Group for small business, enterprise, government and Verizon Frontline customers.

Inseego Corp. (Nasdaq: INSG), a leader in 5G and IoT device-to-cloud solutions, today announced that Optus Enterprise, a wholly owned subsidiary of Singtel and one of Australia’s largest telecommunications providers, has made the Inseego MiFi M2000 5G mobile hotspots available to customers.

Inseego Corp. (Nasdaq: INSG), a leader in 5G and IoT device-to-cloud solutions, today announced its global customer base is growing with the launch of its 5G MiFi® M2000 mobile hotspot for Sunrise UPC Switzerland, now part of Liberty Global (Nasdaq: LBTYA). The companies have come together to bring the award-winning MiFi M2000 to customers on the Sunrise UPC 5G network, providing unparalleled access to connectivity on the go, whether for work or play.

Inseego Corp. (Nasdaq: INSG), a leader in 5G and intelligent IoT device-to-cloud solutions, today announced that its MiFi® 8000 4G LTE mobile hotspot is now commercially available at UScellular stores and UScellular.com. The MiFi 8000 provides high-speed 4G LTE connectivity for up to 15 Wi-Fi-enabled devices, including laptops, tablets and smartphones, with all-day battery life, quick recharging, and enterprise-grade security features.

Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in 5G and intelligent IoT device-to-cloud solutions, today reported its results for the second quarter ended June 30, 2021. The Company reported second quarter net revenue of $65.7 million, GAAP operating loss of $10.5 million, GAAP net loss of $13.9 million. GAAP net loss of $0.14 per share, negative adjusted EBITDA of $0.1 million, and non-GAAP net loss of $0.08 per share. Cash and cash equivalents at quarter end was $40.4 million including restricted cash as well as cash and cash equivalents classified as held-for-sale.

Inseego Corp. (Nasdaq: INSG), a leader of 5G and intelligent IoT device-to-cloud solutions, today announced the successful completion of the sale of its South African operations of its Ctrack telematics and asset tracking business to an affiliate of Convergence Partners, for a purchase price of 528.9 million South African Rand (ZAR) (approximately $36.6 million USD) in an all-cash transaction. The purchase price is subject to certain post-closing working capital adjustments.

Inseego Corp. (NASDAQINSG), a leader in 5G device-to-cloud solutions, today introduced its Wavemaker PRO 2000e industrial gateway. Combining high-performance 5G with the most advanced 4G LTE capabilities, this solution delivers best-in-class throughput and reliability for industrial IoT and enterprise networks.

Inseego Corp., (NASDAQINSG) a leader in 5G and intelligent IoT device-to-cloud solutions, today announced that Inseego chairman and CEO Dan Mondor will present at the 41st Annual Canaccord Genuity Virtual Growth Conference on Thursday, August 12, at 11:30 a.m. Eastern. The company will also host virtual one-on-one investor meetings throughout the day by appointment only.

Inseego Corp. (Nasdaq: INSG), a leader in 5G and intelligent IoT device-to-cloud solutions, will release financial results for the quarter ended June 30, 2021 after the stock market close on Wednesday, August 4, 2021.

Inseego Corp. (Nasdaq: INSG), a leader of 5G and intelligent IoT device-to-cloud solutions, today announced that management will participate in the ROTH Virtual London Conference June 21, 2021.

Inseego Corp. (Nasdaq: INSG), a leader of 5G and intelligent IoT device-to-cloud solutions, today announced the appointment of Stephanie Bowers to the Inseego Corp. Board of Directors, effective immediately. Ms. Bowers will also serve as a member of the Nominating and Corporate Governance Committee of the Board.

Inseego Corp. (Nasdaq: INSG), a leader of 5G and intelligent IoT device-to-cloud solutions, today announced that Ashish Sharma has been promoted to President of Inseego Corp., effective immediately. Sharma most recently served as President of IoT & Mobile Solutions at Inseego.

Inseego Corp. (Nasdaq: INSG), a leader in 5G and IoT device-to-cloud solutions, today announced a collaboration with Net4, an expert systems integrator of IoT solutions, to drive and simplify the deployment of 5G private networks for enterprise customers across the United Kingdom and Europe.

Inseego Corp. (Nasdaq: INSG), a leader in 5G and intelligent IoT device-to-cloud solutions, today announced that Inseego chairman and CEO Dan Mondor will be presenting at the upcoming investor conferences: