Tom Allen - Inseego Corp Interim CFO

INSG Stock  USD 3.23  0.18  5.90%   

CFO

Mr. Tom Allen was appointed as Chief Financial Officer of the Company. Mr. Allen previously served as the interim Chief Financial Officer for the Companys predecessor company, Novatel Wireless, Inc., from June 2014 to September 2014, when Mr. Allen transitioned the Chief Financial Officer role to Mr. Newman. Prior to joining the Company, Mr. Allen served as Executive Vice President and Chief Operating and Chief Financial Officer for Outdoor Channel Holdings, Inc. a publicly traded national cable television network and production services company from July 2010 through September 2013 when the company was acquired by Kroenke Sports and Entertainment. Since September 2013, Mr. Allen has served as an independent business consultant, providing services in the areas of finance, tax and accounting. Throughout his career, Mr. Allen has held executive positions at major broadcasting and entertainment firms, including Virgin Interactive Entertainment and Fox Broadcasting Company. He has also served on the board of directors of public and private companies. Mr. Allen attended the University of Southern California and is a certified public accountant. since 2017.
Age 63
Tenure 7 years
Address 9710 Scranton Road, San Diego, CA, United States, 92121
Phone858 812 3400
Webhttps://www.inseego.com

Inseego Corp Management Efficiency

The company has return on total asset (ROA) of (0.1377) % which means that it has lost $0.1377 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (8.3507) %, meaning that it created substantial loss on money invested by shareholders. Inseego Corp's management efficiency ratios could be used to measure how well Inseego Corp manages its routine affairs as well as how well it operates its assets and liabilities. The Inseego Corp's current Return On Equity is estimated to increase to 0.47, while Return On Tangible Assets are projected to decrease to (0.21). At this time, Inseego Corp's Total Current Assets are most likely to decrease significantly in the upcoming years. The Inseego Corp's current Asset Turnover is estimated to increase to 1.03, while Other Assets are projected to decrease to roughly 417.2 K.
The company currently holds 170.73 M in liabilities with Debt to Equity (D/E) ratio of 3.48, implying the company greatly relies on financing operations through barrowing. Inseego Corp has a current ratio of 1.46, which is within standard range for the sector. Debt can assist Inseego Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Inseego Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Inseego Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Inseego to invest in growth at high rates of return. When we think about Inseego Corp's use of debt, we should always consider it together with cash and equity.

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Inseego Corp. engages in the design and development of fixed and mobile wireless solutions, industrial Internet of Things , and cloud solutions for large enterprise verticals, service providers, small and medium-sized businesses, governments, and consumers worldwide. Inseego Corp. was founded in 1996 and is based in San Diego, California. Inseego Corp operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 500 people. Inseego Corp (INSG) is traded on NASDAQ Exchange in USA. It is located in 9710 Scranton Road, San Diego, CA, United States, 92121 and employs 331 people. Inseego Corp is listed under Communications Equipment category by Fama And French industry classification.

Management Performance

Inseego Corp Leadership Team

Elected by the shareholders, the Inseego Corp's board of directors comprises two types of representatives: Inseego Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Inseego. The board's role is to monitor Inseego Corp's management team and ensure that shareholders' interests are well served. Inseego Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Inseego Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Susan Swenson, Chairman of the Board, CEO
Stephen Brown, VP Sales
Tom Allen, Interim CFO
Lance Bridges, Senior Vice President General Counsel
Steve Harmon, Chief Officer
James Avery, Independent Director
Dan Mondor, Chairman of the Board, CEO
Stephen Sek, Senior Vice President CTO
Dan Picker, Chief Officer
Ashish Sharma, Chief Marketing Officer and Executive Vice President of IoT & Mobile Solutions
Steven Gatoff, CFO Officer
David Werner, Independent Director
Michael Newman, CFO, Executive Vice President
John Weldon, Senior Vice President - Enterprise SaaS Solutions
Dennis Calderon, Vice President Legal Affairs and Secretary
Daniel Mondor, President CEO, Director
Christopher Lytle, Chief Strategy Officer & Executive Vice President of Telematics & SaaS
Philip Falcone, Independent Director
Robert Pons, Independent Director
Robert Barbieri, Chief Officer
Philip Brace, Executive Chairman
Vishal Donthireddy, Senior Fellow
John Carney, Executive Vice President - Sales and Marketing
Mark Frisch, Executive Sales
Douglas Kahn, Executive Vice President of Operations and Customer Success
Kurt Scheuerman, General Officer
James Ledwith, Lead Independent Director
Jacques Fradet, Senior Vice President - Operations
Stephen Smith, CFO, Executive Vice President
Simon Rayne, EMEA UK
Cobus Grove, Global General Manager - Ctrack
Jeffrey Tuder, Independent Director
Ritesh Mukherjee, Senior Business
Keri Bolding, Senior Distribution
Brian Miller, Independent Director
Mark Licht, Director

Inseego Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Inseego Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Inseego Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Inseego Corp's short interest history, or implied volatility extrapolated from Inseego Corp options trading.

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When determining whether Inseego Corp is a strong investment it is important to analyze Inseego Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Inseego Corp's future performance. For an informed investment choice regarding Inseego Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inseego Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Inseego Stock please use our How to Invest in Inseego Corp guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running Inseego Corp's price analysis, check to measure Inseego Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Inseego Corp is operating at the current time. Most of Inseego Corp's value examination focuses on studying past and present price action to predict the probability of Inseego Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inseego Corp's price. Additionally, you may evaluate how the addition of Inseego Corp to your portfolios can decrease your overall portfolio volatility.
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Is Inseego Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Inseego Corp. If investors know Inseego will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Inseego Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.32)
Revenue Per Share
17.208
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.14)
Return On Equity
(8.35)
The market value of Inseego Corp is measured differently than its book value, which is the value of Inseego that is recorded on the company's balance sheet. Investors also form their own opinion of Inseego Corp's value that differs from its market value or its book value, called intrinsic value, which is Inseego Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Inseego Corp's market value can be influenced by many factors that don't directly affect Inseego Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Inseego Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inseego Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inseego Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.