Inseego Corp. Reports Impairment Charges for the Fourth Quarter Ended December 31, 2023

Inseego Corp. is engaged in the designing and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions. Its 4G and 5G WAN portfolio is comprised of mobile broadband and fixed wireless access solutions with associated cloud solutions for real time WAN visibility, monitoring, automation and control with centralized orchestration of network functions. These solutions are built for the enterprise and small and medium business (SMB) market segments. Its intelligent edge telematics solutions are designed to improve business outcomes for enterprise and SMB markets. It also provides a wireless subscriber management solution for carriers' management of their government and enterprise customer subscriptions. Its 5G products and associated cloud solutions are used in applications, such as business broadband for both mobile and fixed use cases, enterprise networking and software-defined WAN failover management. Its mobile hotspots are sold under the MiFi brand.