INSEEGO CORP.

INSEEGO Corp. reported a significant increase in net income attributable to common stockholders to $10.6 million, or $0.66 per basic share, for the first quarter of 2026, primarily driven by a $15.1 million deemed contribution from a preferred stock exchange. Total revenues for the quarter rose to $34.3 million from $31.7 million year-over-year, with strong growth in fixed wireless access solutions. However, the company's operating loss widened to $3.6 million from $0.4 million in the prior year, and total stockholders' deficit increased to $25.4 million.

Inseego Corp. announced its Q1 2026 financial results, reporting $34.3 million in revenue and $1.8 million in Adjusted EBITDA, meeting guidance. The company also announced a transformational agreement to acquire Nokia's Fixed Wireless Access business, expected to close in Q4 2026, which is projected to double Inseego's revenue. This acquisition includes Nokia receiving an approximately 11% equity stake in Inseego and plans for joint go-to-market initiatives in 6G and wireless edge. Inseego provided Q2 2026 revenue guidance of $36.5 million to $43.5 million and full-year 2026 revenue guidance of approximately $190 million.

Inseego Corp. announced the appointment of Koroush Saraf as its new Chief Product Officer. Saraf will be responsible for leading product strategy and execution across the company's portfolio, a role deemed critical as Inseego expands its scale and capabilities, particularly following the recent acquisition of Nokia's Fixed Wireless Access business. His extensive background in enterprise networking, security, and cloud platforms is expected to help Inseego deliver more integrated and scalable solutions to its customers.

Inseego Corp. (INSG) announced an agreement to acquire Nokia Solutions and Networks Oy's Fixed Wireless Access (FWA) business. The acquisition, valued at $20 million in Inseego common stock and warrants, is expected to approximately double Inseego's revenue and establish it as a global leader in wireless broadband. Nokia will also make an additional $10 million investment in Inseego, resulting in Nokia holding an approximately 11% equity stake in Inseego. The companies plan joint go-to-market and innovation initiatives in 6G and wireless edge, with the transaction expected to close in Q4 2026.

Inseego Corp. announced the acquisition of Nokia's Fixed Wireless Access (FWA) business, a move expected to double Inseego's revenue and significantly expand its total addressable market. This strategic transaction also establishes a new partnership with Nokia, focusing on go-to-market collaboration and technology innovation, including 6G and AI. The combined entity aims to create a global wireless broadband platform with strong carrier relationships and a broad portfolio.

Inseego announced an agreement to acquire Nokia's Fixed Wireless Access (FWA) CPE business, a move expected to approximately double Inseego's revenue and strengthen its position as a global leader in wireless broadband. As part of the deal, Nokia will receive an approximately 7% equity stake in Inseego, valued at $20 million, and will make an additional $10 million investment, bringing its total ownership to about 11%. The transaction, anticipated to close in Q4 2026, also includes plans for joint go-to-market and innovation initiatives in 6G and wireless edge, aligning with Nokia's strategic shift to focus on AI-driven network infrastructure.

Inseego Corp. announced it will release its financial results for the first quarter of 2026, which ended March 31, 2026, after the financial markets close on May 7, 2026. The company will host a conference call on the same day at 5:00 p.m. Eastern Time to discuss its results and business outlook. Financial statements and the earnings press release will be available on the company's investor relations website and EDGAR.