Novatel shares tumble after 4Q outlook disappoints

Shares of Novatel Wireless Inc. tumbled Friday after the wireless high-speed Internet service provider posted a disappointing outlook for the fourth quarter.

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Novatel Wireless posts 3Q profit on higher revenue

Novatel Wireless Inc. posted a third-quarter profit, reversing last year's loss, as strong sales of its MiFi personal Wi-Fi hotspot device took off. But a weak outlook for fourth-quarter sales sent shares tumbling nearly 18 percent in after-hours trading.

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Novatel's 2Q results top estimates, outlook strong

Wireless modem maker Novatel Wireless Inc. reported a second-quarter loss on Thursday, but says it expects stronger results in the upcoming quarter due a string of new orders.

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But imagine if you could get online anywhere you liked — in a taxi, on the beach, in a hotel with disgustingly overpriced Wi-Fi — without messing around with cellular modems. What if you had a personal Wi-Fi bubble, a private hot spot, that followed you everywhere you go?

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At the IEE/ION PLANS 2008 tradeshow in Monterey California last week, NovAtel announced the NovAtel SPAN-CPT, a powerful single enclosure, tightly-coupled GPS/INS receiver.

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