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. [...]
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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