— Cloud technology company Inseego Corp. (NASDAQ: INSG) reported an adjusted net loss of $7.96 million or $0.10 per share for the fourth quarter of 2019, vs. $0.08 per share loss expected.
— Unadjusted net loss was $13.3 million or $0.17 per share, compared to a loss of $4.19 million or $0.06 per share in the fourth quarter of 2018
— December-quarter revenues dropped 7% annually to $52.33 million, vs. $51.9 million expected
— Closed $25 million private placement transaction recently, providing capital to support global 5G strategy
— Reduced debt by $60 million through convertible note exchanges, and slashed annual cash interest payments by $7.8 million
— Signed 5G agreements with leading mobile network operators in North America, Europe, the Middle East and Asia-Pacific
Micron Technology Inc. (NASDAQ: MU) reported third quarter 2022 earnings results today. Revenue increased 16% year-over-year to $8.64 billion. GAAP net income was $2.63 billion, or $2.34 per share, compared
Shares of Constellation Brands Inc. (NYSE: STZ) were down 4% on Thursday despite the company beating expectations on its first quarter 2023 earnings results. The stock has dropped 7% year-to-date.
Constellation Brands, Inc. (NYSE: STZ) reported first quarter 2023 earnings results today. Net sales increased 17% year-over-year to $2.3 billion. Net income attributable to CBI was $390 million, or $2.06