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Inseego stock enters FastMile growth phase after Q3 loss

Published on 11/10/2026 at 22:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Inseego stock is entering its first quarter with Nokia's FastMile business in the results. Management expects the acquisition to broaden global carrier reach.

Inseego shifts focus to FastMile

  • Inseego completed its Nokia FastMile acquisition on October 1, with the acquired business entering consolidated results in the fourth quarter.
  • Management expects fourth-quarter revenue of 56 million to 65 million US dollars and adjusted EBITDA of 0 million to 2 million US dollars.
  • The outlook includes 12 million to 14 million US dollars of Nokia support payments.
INSG, US45782B3024, Illustration mit AI erstellt.
INSG, US45782B3024, Illustration mit AI erstellt.

Inseego reported third-quarter results on Wednesday, November 4, with the legacy North American business producing 33.3 million US dollars in revenue and a GAAP net loss of 8.1 million US dollars. The company said the results were within its guidance range in a release published by Inseego.

Legacy business remains under pressure

Third-quarter revenue fell from 45.9 million US dollars in the year-earlier period. Mobile solutions revenue rose to 19.1 million US dollars, while fixed wireless access revenue declined to 4.2 million US dollars from 17.7 million US dollars a year earlier.

Adjusted EBITDA was negative 1.0 million US dollars, compared with positive 5.8 million US dollars in the prior-year quarter. GAAP gross margin was 33.3 percent, and the company reported a diluted loss of 0.49 US dollars per share.

FastMile sets the fourth-quarter outlook

Inseego completed its acquisition of Nokia's Fixed Wireless Access business, branded FastMile, on October 1. The acquired operation will be included in consolidated results from the fourth quarter and is expected to expand Inseego's carrier relationships across Europe, the Middle East, Asia and Oceania.

Management guided for fourth-quarter revenue of 56 million to 65 million US dollars, including 21 million to 25 million US dollars from Inseego North America and 35 million to 40 million US dollars from FastMile. Adjusted EBITDA is expected between 0 million and 2 million US dollars, including 12 million to 14 million US dollars of Nokia support payments.

Cost cuts support integration

Inseego said headcount and contractor spending were reduced in October, with an expected annual expense reduction of 8 million US dollars. The company also appointed Nick Lambourne as chief technology officer and said engineering restructuring is under way.

Inseego stock traded at 3.78 euros on Lang & Schwarz at 22:54 CET on Tuesday, November 10, 2026.

Inseego Corp. at a glance

  • Company: Inseego Corp.
  • ISIN: US45782B3024
  • Ticker: INSG
  • Home exchange: Nasdaq
  • Lang & Schwarz quote: 3.78 euros on November 10, 2026 at 22:54 CET

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