Why Did Inseego Corp (INSG) Shares Soar 11.12%?

Inseego Corp (INSG) shares surged 11.12% in pre-market trading on August 19, 2025, marking a significant uptick in investor interest.

Inseego Corp is scheduled to release its next earnings report on October 28, 2025. The company's latest earnings report, released on February 19, 2025, showed an actual EPS of -$0.04, missing the consensus estimate of $0.02 by -$0.06. This earnings miss could have contributed to the recent volatility in the stock price.

Inseego Corp's stock has seen notable insider activity, with directors and executives buying shares. This insider buying can be seen as a positive signal, as it indicates that those closest to the company believe in its future prospects. The company's stock has a 12-month low of $6.24 and a 12-month high of $20.67, with a 50-day moving average of $7.68 and a 200-day moving average of $8.64.

Inseego Corp operates in the technology sector, specifically in the internet/online industry. The company's fiscal year ends on December 31, 2025. Inseego Corp reported revenue of $191.24 million and a net income of -$14.37 million for the fiscal year ending December 31, 2024. The company's financial performance and earnings reports are closely watched by investors, as they provide insights into the company's growth prospects and financial health.