Key Developments: Novatel Wireless Inc (NVTL.O)
2.08USD
1 Jun 2012
$0.01 (+0.48%)
$2.07
$2.02
$2.09
$2.01
177,737
244,379
$5.85
$1.95
Latest Key Developments
Novatel Wireless, Inc. Issues Q2 2012 Guidance Below Analysts' Estimates
Novatel Wireless, Inc. announced that for the second quarter of 2012, it expects revenue of $92-$104 million and non-GAAP EPS of $(0.17)-$(0.07). According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $116 million and EPS of $0.02 for the second quarter of 2012. Full Article
Novatel Wireless, Inc. And NexTraq Sign Supply Agreement For Fleet Management Solution
Novatel Wireless, Inc. and NexTraq announced that they have signed a supply agreement for mobile tracking devices. Under the agreement, Novatel Wireless will supply its MT 3000 device for NexTraq's GPS fleet tracking solution. Full Article
Tripple Track Selects Novatel Wireless, Inc. For Integrated M2M Solutions
Novatel Wireless, Inc. announced that Tripple Track, a Scandinavian provider of GPS tracking and vehicle management solutions, has selected Novatel Wireless to provide its full portfolio of Enfora asset tags and mobile tracking devices as well as its N4A CMS service delivery platform. Full Article
Novatel Wireless, Inc. Issues Q1 2012 Guidance In Line With Analysts' Estimates
Novatel Wireless, Inc. announced that for the first quarter of 2012, it expects revenue of $85 - $110 million and non-GAAP EPS of $(0.18) - $ 0.06. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $107 million and EPS of $(0.08) for first quarter of 2012. Full Article
Novatel Wireless, Inc. Issues Q4 2011 Guidance; Revenue Guidance Below Analysts' Estimates
Novatel Wireless, Inc. announced that for fourth quarter of 2011, it expects revenue to be in the range of $105-$120 million and non-GAAP EPS in the range of ($0.10)-$0.00. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $121 million and EPS of $(0.01) for fourth quarter of 2011. Full Article
Novatel Wireless, Inc. Selects Acal plc's ACAL BFi As Distributor In UK, Italy And Germany For Enfora M2M Portfolio
Novatel Wireless, Inc. and ACAL BFi, a division of Acal plc announced that they have signed a distribution agreement covering the UK, Italy and Germany to sell, and provide local specialist technical support for Enfora's N4A wireless connectivity platform and low-power 2G and 3G modules and devices. Enfora's solutions consist of intelligent GSM/GPRS and UMTS/HSPA modules and intelligent devices combined with N4A management software. These solutions support reliable wireless connections for multiple markets including utility, security, tele-health and telemetry markets for GPS enabled products designed for use in the tracking, transportation and automotive markets. Full Article
Wi-LAN Inc. Initiates Litigation Against Apple, Inc., Dell Inc., Hewlett-Packard Company And Novatel Wireless, Inc.
Wi-LAN Inc. announced that it has commenced litigation in the U.S. District Court for the Eastern District of Texas, Tyler Division against Apple, Inc., Alcatel-Lucent USA Inc., Dell Inc., Hewlett-Packard Company, HTC America, Inc., Kyocera International, Inc., Kyocera Communications, Inc., Novatel Wireless, Inc., and Sierra Wireless America, Inc. (individually and collectively, Defendants). In its filing, WiLAN claims that these companies have infringed and continue to infringe WiLAN's U.S. Patent No. RE37,802 (802 Patent) related to CDMA and HSPA and U.S. Patent No. 5,282,222 (222 Patent) related to Wi-Fi and LTE. Full Article
Novatel Wireless, Inc. Issues Q3 2011 Guidance; EPS Guidance Below Analysts' Estimates
Novatel Wireless, Inc. announced that for third quarter of 2011, it expects net revenue to be in the range of $105-$120 million and non-GAAP loss per share (EPS) in the range of ($0.10)-$0.00. According to I/BE/S Estimates, analysts on an average are expecting the Company to report revenue of $120 million and EPS of $0.01 for third quarter of 2011. Full Article
Consert Inc. Selects Novatel Wireless, Inc. As Module Partner For Smart Energy Grid Solution
Novatel Wireless, Inc. announced that a master purchase agreement has been signed between the two companies. Novatel Wireless will provide standards based 3G embedded modules and engineering services to be integrated into the Consert Virtual Peak Plant(SM) (VPP) Solution which is designed to create a more reliable electric grid by offering real-time, integrated load management through the pairing of utility and consumer offerings. Consert has partnered with Novatel Wireless to optimize its program offerings as the energy sector moves quickly towards the adaption of network communications standards. Full Article
POM Inc. Selects Novatel Wireless, Inc.'s Enfora, Inc. For New Wireless Credit Card Parking Meter Module
Novatel Wireless, Inc. announced that Enfora, Inc., a Novatel Wireless company, has been selected by POM Inc. to supply wireless modules and services for POM's new Parktel Credit Card Parking Meter Module. The Parktel Credit Card Parking Meter Module is a wireless solution that is built on a tightly integrated Enfora module. The solution implemented is part of the Enfora's N4A Intelligent Device offering. Full Article
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