Novatel shares are trading sharply lower after hours Wednesday on disappointing results for the the first quarter. The provider of wireless modems and related networking gear posted Q1 revenue of $100.2 million, but down from $109.8 million in Q4, but??up from $61.8 million a year ago, and ahead of the Street at $91.6 million.

Topics:  q1   guidane   novatel   million   

 

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