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An update from Inseego ( (INSG) ) is now available.
On February 5, 2025, Inseego Corp. announced the departure of Phil Brace from the role of Executive Chairman of the Board of Directors to become CEO of Skyworks Solutions, Inc. Under Brace’s leadership, Inseego underwent significant transformations, including restructuring its capital, divesting non-core businesses, and appointing a new CEO, Juho Sarvikas. Jeff Tuder was appointed as the new independent Chairman of the Board. This transition is expected to further strengthen Inseego’s position in the wireless market and drive future growth, with no changes to the company’s financial guidance for Q4 2024.
More about Inseego
Inseego Corp. is a leader in 5G Enterprise cloud WAN solutions, catering to millions of end customers and thousands of enterprises and SMBs with 4G, 5G, and cloud platforms. The company specializes in 5G Edge Cloud technology, offering robust cloud networking features and intelligent edge applications to enhance business connectivity, security, and outcomes over a 5G network.
YTD Price Performance: 22.49%
Average Trading Volume: 191,835
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $188.2M
For a thorough assessment of INSG stock, go to TipRanks’ Stock Analysis page.
