Telular (WRLS) Completes Acquisition of SupplyNet Comm.; Guides Q4
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Telular Corporation (NASDAQ: WRLS) today completed the acquisition of SupplyNet Communications, a leading supplier of wireless tank-level monitoring services.
Telular sees Q4 sales of $11 million, versus the consensus of $15.31 million, and FY08 sales of $66 million, versus the Street estimate of $69.96 million. (only 1 analyst covers the stock) For Q4, Telular expects net income to be positive.
Telular Corporation engages in the design, development, and distribution of products and services that provide data and voice connectivity through wireless phone networks in the United States and internationally.
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