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Article: Novatel Wireless Announces 20% Revenue Growth and Strong Bottom Line Results for Third Quarter of 2009.

Article from:
Computer Weekly News
Article date:
November 12, 2009
Copyright

Novatel Wireless, Inc. (NASDAQ:NVTL), a leading provider of wireless broadband access solutions, reported financial results for the third quarter ended September 30, 2009.

Third Qtr '09 Third Qtr '08 Second Qtr '09 Revenues $94.3M

$78.4M

$84.1M GAAP Net Income (Loss) $6.2M

$(1.0)M

$(800,000) GAAP EPS (Loss) $0.20

$(0.03)

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