• Lots of new products and customer wins in the quarter don’t yet show up in the figures, as ramping is slow. But this is a matter of time.
• More wins are likely, in our view.
• Margins are set to expand further, which together with a revenue ramp will enable the company to deleverage.

Source: SHU Portfolio; Inseego Is Planting Flags – Inseego Corp. (NASDAQ:INSG) | Seeking Alpha