Feb. 9 at 8:48 PM
$INSG Just sharing my views: I think we got into the penalty box last year as a result of selling the Telematics business that took out some recurring revenue permanently. The money we got from the sale was used to reduce the debt, however the street didn't reward anything for reducing the debt and improving the balance sheet.
Now we are building revenues back up. For Q1 YoY we will still be up from
$30 odd million to
$40 million, however QoQ we won't be up. Lot of businesses have a seasonal nature, they have strong and weak quarters, so there maybe some truth to it, and management is not making excuses.
INSG is really become a forgotten stock, they have 25 years of history, but there products came and gone, MiFi being their most sticky product especially during Covid times. Leadership also came and gone over the years.
