SAN DIEGO (AP) — SAN DIEGO (AP) — Inseego Corp. (INSG) on Tuesday reported earnings of $9 million in its third quarter.
The San Diego-based company said it had net loss of 6 cents per share. Losses, adjusted to account for discontinued operations, came to 7 cents per share.
The holding company posted revenue of $54 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $56.3 million.
For the current quarter ending in December, Inseego said it expects revenue in the range of $43 million to $47 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INSG at https://www.zacks.com/ap/INSG
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.