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Inseego reports Q3 2026 revenue of $33.3M, completes Nokia FastMile acquisition, expects global expansion and improved profitability.

Company Fundamentals
04 Nov 2026, 23:05 WIB
GlobeNewsWire
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Bullish
Inseego reports Q3 2026 revenue of $33.3M, completes Nokia FastMile acquisition, expects global expansion and improved profitability.

Inseego Corp. reported $33.3 million revenue and a GAAP net loss of $8.1 million for Q3 2026, reflecting its legacy North America business. The company completed its acquisition of Nokia’s Fixed Wireless Access business (FastMile) on October 1, which is expected to double revenue and expand its global presence. Inseego aims to integrate FastMile to become a global wireless broadband leader, improve engineering and product delivery, and return to profitability with cost reductions and revenue growth. Q4 2026 revenue is projected between $56 million and $65 million, including FastMile contributions.

Nokia Corp (NOK) trades at USD 8.25 on Pluang as of Nov 05, 2026 04:13 WIB, down 2.71% in one day. This decline comes shortly after Inseego Corp completed its acquisition of Nokia’s Fixed Wireless Access business, FastMile, aiming to double its revenue and expand globally. The market shows mixed sentiment with 46% of Pluang orders to sell and 54% to buy, reflecting cautious optimism about the integration and future growth prospects.

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