Novatel Wireless Inc. Is Declining After Q3 Report

Novatel Wireless Inc. (NVTL) reported third quarter EPS of $0.24 after the bell Thursday, compared to the $0.01 posted last year. The company expects to report fourth quarter EPS between $0.07 and $0.15. The stock is now down 2.32 on 288K shares.

Novatel Wireless Inc. posted modest gains around mid-afternoon Thursday and closed up by 0.22 at $12.19. The stock finished at the upper end of a 3-week range.

by RTTNews Staff Writer

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