Novatel Differs Greatly from Sierra (NVTL, SWIR)
Novatel Wireless, Inc. (NASDAQ: NVTL) failed to follow the gains of Sierra Wireless (NASDAQ: SWIR). The wireless access card maker closed at $12.19 and shares are getting whcked. The company did beat earnings, but issues are there on guidance. Earnings were $0.20 EPS vs $0.10 EPS estimates; Revenues were up 12.1% to $94.3 million vs. [...]
Top Winners & Losers After-Hours (CNXT, GNW, LVS, NVTL, TSRA)
Included is the after-hours moves and pertinent data with a snapshot as of 5:14 PM EST. Estimates are Thomson Reuters data where noted: Conexant Systems, Inc. (NASDAQ: CNXT) closed at $2.44 and shares are trading at $2.88 up 18.03% on 67,400 shares since the closing bell. This one posted 0.11 EPS vs. $0.09 estimates; imaging [...]
PREMARKET ALERT: Novatel Wireless (NVTL)
Novatel Wireless Inc. (Nasdaq: NVTL) are up more than 20 percent to $11.10 in the premarket, on volume of about 50,000 shares shortly after 8 a.m. It was among the most active issues in after-hours trading on Thursday evening. The company posted a second-quarter loss of 3 cents a share, in line with expectations, but [...]
Trader Price/Volume Alert: Novatel Wireless (NVTL, SWIR)
Novatel Wireless Inc. (NASDAQ: NVTL) is getting killed this morning. Shares were already close to 52-week lows, and now they are hitting fresh 52-week lows. The wireless broadband modem maker for laptops and cellular companies missed its earnings views and Piper Jaffray has slashed its rating down to Sell. Shares were already down almost 70% [...]
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