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Quarterly Financial Information (Unaudited)
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (Unaudited)
Quarterly Financial Information (Unaudited)
The following is a summary of unaudited quarterly results of operations for the years ended December 31, 2017 and 2016:
 
2017
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
 
 
 
 
 
 
 
 
(in thousands, except per share amounts)
Net revenues
$
55,389

 
$
59,913

 
$
57,461

 
$
46,534

Gross profit
16,186

 
17,229

 
16,372

 
17,548

Net loss attributable to Inseego Corp.
(16,100
)
 
(12,024
)
 
(13,789
)
 
(3,822
)
Basic and diluted net loss per share
$
(0.28
)
 
$
(0.21
)
 
$
(0.23
)
 
$
(0.06
)
 
 
 
 
 
 
 
 
 
2016
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
 
 
 
 
 
 
 
 
(in thousands, except per share amounts)
Net revenues
$
66,944

 
$
62,811

 
$
60,881

 
$
52,919

Gross profit
21,183

 
23,238

 
22,924

 
8,983

Net loss attributable to Inseego Corp.
(11,904
)
 
(2,701
)
 
(18,567
)
 
(27,401
)
Basic and diluted net loss per share
$
(0.22
)
 
$
(0.05
)
 
$
(0.34
)
 
$
(0.50
)

In the second quarter of 2016 the Company sold its Modules Business, see Note 2, Acquisitions and Divestitures, for additional information.