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Novatel Wireless, Inc. (NVTL) Tops Q3 EPS by 8c, Posts Weak Q4 Guidance

November 1, 2011 4:15 PM EDT
Novatel Wireless, Inc. (NASDAQ: NVTL) reported Q3 EPS of $0.00, $0.08 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $113.3 million versus the consensus estimate of $112.95 million.

Novatel Wireless, Inc. sees Q4 2011 EPS of $-0.10-$0.00, versus the consensus of $0.02. Novatel Wireless, Inc. sees Q4 2011 revenue of $105-$120 million, versus the consensus of $122.7 million.


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Earnings, Guidance