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Novatel Wireless posts 3Q profit on strong MiFi sales, but revenue outlook to fall short

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Novatel Wireless posts 3Q profit on strong MiFi sales, but revenue outlook to fall short Posted: Oct 30, 2009 3:15 AM
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This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Novatel Wireless posts 3Q profit on strong MiFi sales, but revenue outlook to fall short
Feed Title: Simple Thoughts - Java and Web Technology Blog
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Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.
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Novatel Wireless posts 3Q profit on higher revenue SAN DIEGO — Novatel Wireless Inc. posted a third-quarter profit, reversing last year's loss, as strong sales of its MiFi personal Wi-Fi hotspot device took off. But a weak outlook for fourth-quarter sales sent shares tumbling nearly 18 percent in after-hours trading. The provider of wireless high-speed Internet service [...]

Read: Novatel Wireless posts 3Q profit on strong MiFi sales, but revenue outlook to fall short

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