INSG Inseego Corp

Inseego Corp. Names Chris Lytle Chief Strategy Officer

Inseego Corp. (NASDAQ: INSG), a leading global provider of mobile broadband and software-as-a-service (“SaaS”) solutions for the Internet of Things (“IoT”), announced that Chris Lytle has been appointed to the newly created role of Chief Strategy Officer.

"Chris has added tremendous value since early June in his capacity of special consultant to the Board of Directors and I’m thrilled to have him join the Inseego management team,” said Dan Mondor, President and Chief Executive Officer of Inseego. "He has tremendous experience in SaaS businesses and wireless technology and has been intimately involved in the development of the turnaround strategy in all areas of our company. He is an important addition to our senior management team as we continue to execute our strategy."

Mr. Lytle, 48, is a proven leader with extensive experience investing in technology companies and providing strategic vision and sales leadership to SaaS-based organizations. Most recently, Mr. Lytle was President of Cavulus, a privately-held SaaS-based technology provider, which provided a cloud-based platform automating marketing, sales, enrollment and compliance operations in the healthcare industry. As President, he oversaw Corporate Strategy and led sales efforts to help drive growth from 12 to over 30 enterprise health plan customers. Before joining Cavulus, Mr. Lytle was a Managing Director at Morgan Stanley and previously was Lead Portfolio Manager of RCL Capital, a hedge fund focused on small and mid-cap telecom and wireless technology businesses. He holds a Bachelor of Arts degree in Economics from Lafayette College.

"Inseego has a very strong position in SaaS-based telematics, Internet-of-Things, and mobile broadband solution markets and the R&D teams possess the experience and expertise to take our technology innovation to new levels. The fundamentals are being put in place to drive sustained profitable growth under Dan's leadership," Lytle said, "and I am excited to join Inseego as we continue to execute against our stated near-term goals and long-term growth strategy.”

ABOUT INSEEGO CORP

Inseego Corp. (Nasdaq: INSG) is a leading global provider of MiFi®-branded intelligent wireless solutions for the worldwide mobile communications market and software-as-a-service (SaaS) and solutions for the Internet of Things (IoT). The Company sells its telematics solutions under the Ctrack brand, including its fleet management, asset tracking and monitoring, stolen vehicle recovery, and usage-based insurance platforms. Inseego Corp. also sells business connectivity solutions and device management services through Inseego North America (formerly Feeney Wireless). The Company is headquartered in San Diego, California. www.inseego.com Twitter @inseego

EN
21/08/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Inseego Corp

 PRESS RELEASE

Inseego Corp. to Report Fourth Quarter and Full Year 2023 Financial Re...

SAN DIEGO--(BUSINESS WIRE)-- Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, today announced that the company will release its financial results for the fourth quarter and year ended December 31, 2023 after the financial markets close on February 21, 2024. The financial statements and earnings press release will be made available at and will be filed under Inseego’s profile on EDGAR at . The company will host a webcast and conference call that same day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss its results and business outlook. A live audio webcast of...

 PRESS RELEASE

Inseego Announces Reverse Stock Split

SAN DIEGO--(BUSINESS WIRE)-- Inseego Corp. (Nasdaq: INSG) (the “Company”) today announced that it intends to effect a 1-for-10 reverse stock split of its issued and outstanding shares of common stock (the “Reverse Stock Split”) that will become effective after the close of the market at 5:00 p.m. Eastern Time on January 23, 2024 (the “Effective Time”). The Company's common stock is therefore expected to begin trading on a split-adjusted basis the following morning when the market opens on January 24, 2024. The Company's common stock will continue to trade on the Nasdaq Global Select Market und...

 PRESS RELEASE

Inseego Appoints SVP of Global Channel Sales and Distribution

SAN DIEGO--(BUSINESS WIRE)-- Inseego Corp. (Nasdaq: INSG), a leader in 5G edge cloud solutions, today announced Keri Bolding has joined the company in the newly-created role of SVP of Global Channel Sales & Distribution. Bolding will oversee the company's global channel sales and distribution strategy, reporting to Inseego’s Chief Revenue Officer, Steve Harmon. “At Inseego we are committed to the channel and Keri is the right person to join Inseego in this newly created role of SVP of Global Channel Sales & Distribution,” said Steve Harmon, Chief Revenue Officer at Inseego. “Keri’s leadershi...

 PRESS RELEASE

Inseego Announces the Availability of Its Next Generation 5G Fixed Wir...

SAN DIEGO--(BUSINESS WIRE)-- Inseego Corp., a leader in 5G edge cloud solutions, announced the launch of the Inseego Wavemaker™ 5G indoor router FX3100 for T-Mobile for Business customers. This compact, cutting-edge FWA device provides ultra-fast, reliable, and secure connectivity, empowering enterprise customers to stay connected and productive like never before. This press release features multimedia. View the full release here: Inseego Wavemaker 5G indoor router FX3100 (Photo: Business Wire) Inseego’s FX3100 boasts a unique, compact design that is easy to set up and connect. Designed to me...

 PRESS RELEASE

Inseego Reports Third Quarter 2023 Financial Results

SAN DIEGO--(BUSINESS WIRE)-- Inseego Corp. (Nasdaq: INSG) (the “Company”), a leader in 5G edge cloud solutions, today reported its results for the third quarter of 2023 ending September 30, 2023. The Company reported third quarter total revenue of $48.6 million, GAAP operating loss of $18.4 million, GAAP net loss of $21.8 million, GAAP net loss of $0.19 per share, adjusted EBITDA of $4.0 million, and non-GAAP net loss of $0.16 per share. Cash and cash equivalents at quarter end was $18.9 million. “We remain focused on maintaining profitability as we transition from 4G to 5G. While supply cha...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch