- The company is in Act 1 of its turnaround plan and we can say, so far, so good as the company even turned in a small operating profit already.
- For subsequent acts, the company has to start to grow revenues again. While this is certainly possible (indeed, some parts of the company are already growing) there are no guarantees.
- We should also keep in mind that the company has really substantial debts on the books still.
Source: Inseego Is Making Solid Progress, Now For The Next Act – Inseego Corp. (NASDAQ:INSG) | Seeking Alpha