Inseego’s Earnings Call Highlights Growth and Strategic Wins

Inseego ((INSG)) has held its Q3 earnings call. Read on for the main highlights of the call.

Inseego’s latest earnings call painted a positive picture, emphasizing strong sequential growth in both revenue and adjusted EBITDA. The company showcased successful expansion in the Fixed Wireless Access (FWA) segment and strategic advancements through new carrier partnerships and leadership additions. Despite a year-over-year decline in mobile revenue, the outlook remains optimistic with expected sequential growth. However, rising memory costs were noted as a potential challenge moving forward.

Revenue and Adjusted EBITDA Growth

Inseego reported impressive financial results for Q3 2025, with revenue reaching $45.9 million and adjusted EBITDA at $5.8 million. Both figures surpassed the company’s guidance, marking the second consecutive quarter of sequential growth. This performance underscores the company’s robust financial health and operational efficiency.

FWA Segment Expansion

The Fixed Wireless Access (FWA) segment experienced significant growth, with shipment volumes increasing by over 50% year-over-year. The strong demand for the FX4100 and the introduction of the premium FX4200 have expanded Inseego’s market opportunities, positioning the company well in the competitive landscape.

New Tier 1 Carrier Partnership

Inseego secured a partnership with a third Tier 1 U.S. carrier, which is expected to boost both FWA and mobile revenue starting in Q4 2025. This strategic alliance enhances Inseego’s market presence and is anticipated to drive future growth.

Leadership and Strategy Advancements

The company has bolstered its leadership team by adding seasoned executives and new board members. These changes are expected to enhance Inseego’s ability to scale operations and deliver sustained growth, reflecting a strong commitment to strategic development.

Mobile Revenue Decline

While mobile revenue saw a decline year-over-year, attributed to a record carrier promotion in 2024, Inseego remains optimistic about sequential growth in Q4 2025. This outlook suggests a recovery in the mobile segment, driven by strategic initiatives and market dynamics.

Potential Impact of Rising Memory Costs

Rising memory costs were highlighted as a potential challenge that could impact margins. However, Inseego does not expect this to materially affect Q4 2025, indicating a cautious yet resilient approach to managing cost pressures.

Forward-Looking Guidance

Inseego’s forward-looking guidance for Q4 2025 projects revenue between $45 million and $48 million, with adjusted EBITDA ranging from $4 million to $5 million. This forecast reflects anticipated sequential growth, despite typical seasonal trends. The company is poised to continue its momentum with the launch of the FX4200 and the expansion of its SaaS platform, Inseego Connect.

In summary, Inseego’s earnings call conveyed a positive sentiment, driven by strong financial performance and strategic advancements. The company’s focus on expanding its FWA segment, forging new carrier partnerships, and enhancing leadership capabilities positions it well for future growth. Despite challenges like rising memory costs, Inseego’s outlook remains optimistic, with expectations of continued sequential growth.