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Below find select news from the site as
well as our newest Focus Equity Novatel Wireless. To read more visit our site at http://www.smallcapreview.com.
Novatel Wireless
(NVTL)
Website:
www.novatelwireless.com
Revolutionizing
Wireless Communications.
Press
Release: Novatel
Wireless Reports Strong Second Quarter Financial Results
- Revenue for the second
quarter was up 113% to $97.4 million compared to revenue of $45.7
million reported in the same period last year.
- Second quarter GAAP net
income was $8.0 million, or $0.25 per diluted share. This compares to
GAAP net income of $95,000, or $0.00 per diluted share in the prior year
period.
- Announced demand is strong
across a wide range of products including Ovation USB devices, Merlin PC
and Express cards, and Expedite embedded modems. Adoption of USB
wireless modems has been a primary growth driver with over $85 million
in sales in the nine months since its introduction.
- Expected to introduce a
number of exciting new products in the sexond half of '07, including
next generation USB devices, in both the U.S. and Europe. While
simultaneously investing in R&D efforts in a number of key areas,
ranging from new software products to new technologies.
- Company revised guidance
upward for the year to between $415 million and $425 million in revenue
and non-GAAP EPS in the range of $1.25 to $1.30. This compares to
previous guidance of $380 to $390 million in revenue and non-GAAP EPS of
$1.00 to $1.05, an upward revision of over 20% to annual EPS guidance
overall.
Overview
Novatel Wireless (NVTL) is
a leading provider of wireless broadband access solutions for the worldwide
mobile communications market.. The Company provides wireless broadband
access solutions for the mobile communications market worldwide. It offers
3G wireless PC card and ExpressCard modems, embedded modems, communications
software, and fixed-mobile convergence (FMC) solutions. The company's
products are designed to operate on wireless networks and provide mobile
subscribers with high speed access to corporate, public, and personal
information through the Internet and enterprise networks.
Novatel Wireless also offers software
engineering, integration, and design services. The company serves wireless
network operators, infrastructure providers, distributors, original
equipment manufacturers, and vertical markets. It has strategic
relationships with Alcatel, Siemens, Dell, QUALCOMM, Sprint PCS, Verizon
Wireless, and Vodafone. Novatel Wireless was founded in 1996 and is
headquartered in San Diego, California.
To learn more
about Novatel Click
Here.
News
From the Site
How
Speculators Exploit Market Fears
Here's a fact: The
speculators and hedge fund managers who run today's stock market
need market volatility in order to make money. They can't make
enough money if the market stays flat or moves only a bit, so they
like extreme and unexpected price movements.
Value
or growth — which is No. 1?
Growth managers are
outperforming value managers in both the large-cap and small-cap
arenas.
What
Can Destroy this Bull Market?
Hedge
funds get blame for late-day swings
Hedge fund managers have been making
bets on how far down or up the market will move in a given day by
making sophisticated "short" and "call"
investments.
To
read more visit our site at http://www.smallcapreview.com.
SmallCapReview
feature stock reports are intended to be stock ideas, NOT
recommendations. Please do your own research before investing. It
is crucial that you at least look at current SEC filings and read
the latest press releases. For continuing coverage of NVTL please sign up for our free newsletter. Information contained
in this report was extracted from current documents filed with the
SEC, the company web site and other publicly available sources
deemed reliable. For more information see our disclaimer section,
a link of which can be found on our web site. This document
contains forward-looking statements, particularly as related to
the business plans of the Company, within the meaning of Section
27A of the Securities Act of 1933 and Sections 21E of the
Securities Exchange Act of 1934, and are subject to the safe
harbor created by these sections. Actual results may differ
materially from the Company's expectations and estimates. The
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not been compensated by Novatel Wireless nor do we expect to be in
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The Reader should verify all claims
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Readers can review all public filings by companies at the SEC's
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