Inseego downgraded by Canaccord Genuity with a new price target
$INSG
Telecommunications Equipment
Telecommunications
Canaccord Genuity downgraded Inseego from Buy to Hold and set a new price target of $12.00 from $13.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/14/2024 | $13.00 → $15.00 | Neutral → Buy | ROTH MKM |
| 5/13/2022 | $2.50 | Hold | Stifel |
| 3/2/2022 | $8.00 → $7.00 | Hold → Buy | Canaccord Genuity |
| 8/5/2021 | $8.50 → $7.50 | Neutral | Roth Capital |
Company completes capital structure management initiative by exchanging $91.5 million of face value of outstanding convertible notes for long-term debt and equity Company has now repurchased or exchanged at a discount approximately $147 million, or 91% of aggregate principal amount, of the $162 million of the convertible notes SAN DIEGO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- 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 completed its initiative to overhaul the Company's capital structure to reduce total debt and restructure its outs
Q3 2024 revenue from continuing and discontinued operations of $61.9 millionQ3 2024 positive Adjusted EBITDA from continuing and discontinued operations of $9.3 million and GAAP Net Income of $9.0 millionAgreed to sell telematics business for $52.0 million in cashExecuted convertible debt restructuring and material reduction in debt SAN DIEGO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- 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 third quarter of 2024 ended September 30, 2024. "The third quarter had several positive, and meaningfully tra
Believes Nano's Ongoing Value Destruction, Worst-In-Class Corporate Governance and Misallocation of Corporate Resources Warrants Urgent Change in Company's Boardroom Murchinson's Nominees Would Bring Independent Perspectives and Relevant Experience to Restore Shareholders' Confidence in Leadership, Establish Appropriate Capital Allocation Processes, Hold Management Accountable and Oversee Strategy Development and Implementation Murchinson Ltd. (collectively with its affiliates and funds it advises and/or sub-advises, "Murchinson" or "we"), a significant shareholder with approximately 7.1% of the outstanding shares of Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano" or the "Company"), today annou
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. The quarterly financial statements and earnings press release will be made available at www.inseego.com and will be filed under Inseego's profile on EDGAR at www.sec.gov. The company will host a conference call that same day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss its results and business outlook. A live audio webcast of the conference c
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. The quarterly financial statements and earnings press release will be made available at www.inseego.com and will be filed under Inseego's profile on EDGAR at www.sec.gov. The company will host a webcast and conference call that same day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss its results and business outlook. A live audio webcast of the confe
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. The quarterly financial statements and earnings press release will be made available at www.inseego.com and will be filed under Inseego's profile on EDGAR at www.sec.gov. The company will host a webcast and conference call that same day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss its results and business outlook. A live audio webcast of the c
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ROTH MKM upgraded Inseego from Neutral to Buy and set a new price target of $15.00 from $13.00 previously
Stifel resumed coverage of Inseego with a rating of Hold and set a new price target of $2.50
Canaccord Genuity upgraded Inseego from Hold to Buy and set a new price target of $7.00 from $8.00 previously
10-Q - INSEEGO CORP. (0001022652) (Filer)
8-K - INSEEGO CORP. (0001022652) (Filer)
8-K - INSEEGO CORP. (0001022652) (Filer)
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. "I joined the company to leverage my product and growth expertise to build value for customers and stockholders," said Phil Brace, Executive Chairman. "We've made significant improvements to the company in the past six months, from our revenue growth, to our product portfolio, to improvements in our capital structure, all further enhancing the company's strong market presenc
Highlights Urgent Need for An Independent Director Perspective to Address Genco's Persistent Underperformance and Unlock Value for Shareholders Outlines Concerns with Chairman James Dolphin's Outsized Influence in the Genco Boardroom Urges Shareholders to Vote FOR the Election of GK Investor Nominee Robert Pons on the BLUE Universal Proxy Card and WITHHOLD on Genco Board Chairman James Dolphin GK Investor LLC ("GK"), an affiliate of George Economou that is an approximately 5.3% shareholder of Genco Shipping & Trading Limited ("Genco" or the "Company") (NYSE:GNK), today announced that it has filed its definitive proxy statement with the U.S. Securities and Exchange Commission in connec
Experienced Channel Sales Executive Keri Bolding joins Inseego 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. "At Inseego we are committed to the channel and Keri is the right person to join Inseego in this newly created role of SVP of Global Channel Sales & Distribution," said Steve Harmon, Chief Revenue Officer at Inseego. "Keri's leadership and experience building and running enterprise channel program
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TD Cowen analyst Lance Vitanza maintains Inseego (NASDAQ:INSG) with a Hold and raises the price target from $12 to $13.5.