NVTL

Overview

Highlights

News

Products

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"NVTL has strategic relationships with Alcatel, Siemens, Dell, QUALCOMM, Sprint PCS, Verizon Wireless, and Vodafone."   
   
   
Approximate Financial Snapshot as of 8/7/07
Shares Outstanding 30.4M
52 Wk Hi/Lo 29.14/

8.11

Market Cap $649.8M
Recent Price $21.36

 

 
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8/7/07

Novatel Wireless (NVTL)

Website: www.novatelwireless.com

Revolutionizing Wireless Communications.


Overview

Novatel Wireless (NVTL) is a leading provider of wireless broadband access solutions for the worldwide mobile communications market. 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.

This is an abbreviated profile and we encourage readers interested in learning more about Novatel Wireless to visit the company website at www.novatelwireless.com.


NVTL Investor Highlights

  • 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 second 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.
  • Has strategic relationships with Alcatel, Siemens, Dell, QUALCOMM, Sprint PCS, Verizon Wireless, and Vodafone.
  • Has been issued 30 technology patents.

Recent News and Press Releases

Novatel Wireless Reports Strong Second Quarter Financial Results

Novatel Wireless Names New President

Novatel Wireless Appoints Three New Vice Presidents

Novatel Wireless Partners with ICG to Provide New Advertising Opportunities through Remote Digital Signage

Novatel Wireless Introduces Next Generation HSUPA USB Mobile Data Modem for Fixed and Mobile Environments

Novatel Wireless Provides Expanded Carrier Support for OEMs

For the latest Quote and News on NVTL Click Here.


Products

Novatel Wireless reliable, high-quality product line includes Merlin PC Cards and ExpressCards, Expedite Embedded Modules, Ovation Fixed Mobile Convergence Modems and MobiLink Communication Software Suite. Designed with leading edge feature sets, the products can be used for vertical applications such as mobile computing, field force automation, public safety, POS, ATM, AVL, telematics, telemetry and others requiring wide-area networking. Novatel Wireless offers 3G solutions based on EV-DO and HSDPA networks across the globe.


Three Month Chart



Contacts

Novatel Wireless Inc.
9645 Scranton Road
Suite 205
San Diego, CA 92121
Phone: 858-320-8800


SEC Filings

NVTL filings with the SEC can be found here. All Fillings are current and the Company is fully reporting.


Disclaimer

SmallCapReview.com 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 information provided in this report is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.

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