All Posts Tagged With: "NVTL"

(NVTL) Mobile Wi-Fi Hotspot Thriving

The mobile Wi-Fi hotspot market is expected to become a multi-billion USD opportunity within the next few years. Wi-Fi connectivity is likely to become a huge opportunity for communications service providers. Several industry sources predicted that Wi-Fi enabled wireless devices... 

30Jun2011 | | 0 comments | Continued

(NVTL) Novatel Wireless Remains Neutral

We reiterate our long-term Neutral recommendation on Novatel Wireless Inc. (NVTL). Although the company fell below the Zacks Consensus Estimates in the first quarter of 2011, management has provided an optimistic outlook for the ensuing second quarter due to significant market... 

29Jun2011 | | 0 comments | Continued

(NVTL) Novatel Wireless Remains Neutral

We reiterate our long-term Neutral recommendation on Novatel Wireless Inc. (NVTL). Although the company fell below the Zacks Consensus Estimates in the first quarter of 2011, management has provided an optimistic outlook for the ensuing second quarter due to significant market... 

29Jun2011 | | 0 comments | Continued

(NVTL) Novatel Wireless Analyst Upgrades Shares to Neutral

We are currently upgrading our recommendation on Novatel Wireless Inc. (NVTL) to Neutral based on its current valuation. The stock price has declined sharply by more than 56% in the last year and currently trading at the low-end of its 52-week price range. We believe this low... 

12Apr2011 | | 0 comments | Continued

(T) Telecom Industry Outlook – March 2011 – Industry Outlook

The world economy is currently going through a recovery phase. The momentum is expected to remain strong in 2011. The Telecommunications Industry is identified as a major driver of the global economic recovery. Capital spending constraints among telecom operators due to severe... 

29Mar2011 | | 0 comments | Continued

(NVTL) Novatel Wireless – Bear of the Day

We reaffirm our long-term Underperform recommendation on Novatel Wireless (NVTL) following its fourth quarter 2010 financial results, which fell well below the Zacks Consensus Estimate. Novatel provided a very weak first quarter 2011 financial outlook. The company cited lower... 

25Mar2011 | | 0 comments | Continued

(NVTL) Novatel Wireless – Bear of the Day

We reaffirm our long-term Underperform recommendation on Novatel Wireless (NVTL) following its fourth quarter 2010 financial results, which fell well below the Zacks Consensus Estimate. Novatel also provided a very weak first quarter 2011 financial outlook. The company cited... 

17Mar2011 | | 0 comments | Continued

(NVTL) Novatel Wireless – Bear of the Day

We downgrade our recommendation for Novatel Wireless (NVTL) to Underperform, just ahead of its fourth quarter of 2010 financial results. The recent trend of the 3G USB modem industry is indicating a glut of inventory on the part of the wireless carriers. Several industry sources... 

22Feb2011 | | 0 comments | Continued

(NVTL) Novatel Wireless Launches HSPA+ USB Modems

Novatel Wireless Inc. (NVTL) yesterday announced the launch of its compact and light-weight DC-HSPA+ USB modem on Bell Mobility’s Dual-Cell HSPA+ (DC HSPA+) network. The Ovation MC547 USB modem is based on the 3GPP Release 8 standard and will provide the next-generation,... 

21Nov2010 | | 0 comments | Continued

(NVTL) Novatel Wireless Earnings Meets Expectations – Outlook Very Strong

Yesterday, Novatel Wireless Inc. (NVTL) declared third quarter of 2010 financial results that barely met our expectations. However, the company provided an extremely strong financial outlook for the ensuing fourth quarter, which is well above the current Zacks Consensus Estimate.... 

3Nov2010 | | 0 comments | Continued

(NVTL) Novatel Wireless Analyst Upgrades Shares to Neutral

We upgrade our recommendation to Neutral for Novatel Wireless Inc. (NVTL), which means the stock will perform mostly in line with the broader market. According to our analysis, proper execution of cost structure and expected launch of 4G (LTE) embedded products are likely to... 

11Oct2010 | | 0 comments | Continued

(NVTL) Novatel Wireless Unveils 4G Product Portfolio

Recently, Novatel Wireless Inc. (NVTL) has launched an innovative product portfolio for customer broadband access capable of supporting next-generation (4G) super-fast wireless broadband networks of WiMAX and LTE. The portfolio includes LTE embedded modules, USB devices and WiMAX-capable... 

7Oct2010 | | 0 comments | Continued

(NVTL) Novatel Wireless – Bear of the Day

We downgrade our recommendation for Novatel (NVTL) to Underperform following its second quarter 2009 financial results, well below the Zacks Consensus Estimates. Novatel is facing intensifying competition for its legacy embedded solutions products that is expected to result in... 

11Aug2010 | | 0 comments | Continued

(NVTL) Novatel Wireless Analyst Upgrades to Neutral

We upgrade our recommendation for Novatel Wireless Inc. (NVTL) to Neutral based on valuation. The stock has fallen more than 55% in the last year and is trading at near 52-week lows. We think downside is limited from current levels. Novatel’s first quarter financial results... 

20May2010 | | 0 comments | Continued

(AAPL) Small Caps Ahead of the Mainstream – Investing in Breakthrough Technology

Mind-boggling. That’s really the only way to describe some of today’s technological advances. For example… Just 20 years ago, an HIV-positive diagnosis was a certified death sentence. But thanks to medical advancements, it’s now a manageable disease. Even some cancers... 

19May2010 | | 0 comments | Continued

(NVTL) Novatel Analyst Downgrades Stock to Underperform

We downgrade our recommendation for Novatel Wireless Inc. (NVTL) to underperform following its fourth quarter 2009 financial results, which came significantly below the Zacks Consensus Estimate. Unfavorable product mix has taken a toll on the company’s gross margin. Quarterly... 

10Mar2010 | | 0 comments | Continued

(NVTL) Novatel Wireless Gets Downgraded

We downgrade our recommendation for Novatel Wireless Inc. (NVTL) to Neutral, which means the stock should perform in line with the broader market. The company is facing intensifying competition for its core embedded solutions for wireless access. In addition to its traditional... 

8Feb2010 | | 0 comments | Continued

(NVTL) Novatel Wireless Strengthens Ovation Series

Novatel Wireless Inc. (NVTL) strengthens technical features of its industry leading Ovation series of USB data modems. In the first half of January, the company launched its Ovation MC996D High-Speed USB Data Modem for HSPA+ mobile broadband network. HSPA+ is the next evolution... 

2Feb2010 | | 0 comments | Continued

(NVTL) Novatel Wireless Analysts Upgrade to Outperform

We upgrade our recommendation for Novatel Wireless Inc. (NVTL) to Outperform following huge international momentum for its innovative MiFi line of Products. We expect the top-line of Novatel to maintain its current growth rate supported by the strong demand for MiFi mobile intelligent... 

19Jan2010 | | 0 comments | Continued

(NVTL) Novatel Wireless Inc Downgraded to Neutral

We downgrade our recommendation for Novatel Wireless Inc. (NVTL) to Neutral, which means the stock will perform in line with the broader market. The company is facing intensifying competition for its core embedded solutions for wireless access. In addition to its traditional... 

22Dec2009 | | 0 comments | Continued

(NVTL) Novatel Enters Machine-to-Machine Market

Novatel Wireless Inc. (NVTL) has entered into the Machine-to-Machine (M2M) smart devices market through a multiyear Memorandum of Understanding with Cinterion Wireless Modules GmbH. Cinterion is a global leader in M2M communication modules. These two companies will combine their... 

14Nov2009 | | 0 comments | Continued

(NVTL) Novatel Wireless Tops Consensus Estimates – Outlook Dismays

Novatel Wireless Inc. (NVTL) declared encouraging third quarter 2009 financial results but its fourth quarter outlook remains lackluster due to weak sales prediction for its innovative MiFi Intelligent Mobile Hotspot platforms. The reported quarter’s total revenue of $94.3... 

1Nov2009 | | 0 comments | Continued