Novatel Wireless (MIFI) Reports Q2 Loss of $0.08

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to Novatel Wireless (MIFI) Reports Q2 Loss of $0.08

Novatel Wireless Reports Second Quarter 2015 Financial Results

August 6, 2015 4:06 PM EDT

Revenue Increases 47% from Second Quarter of 2014

IoT Revenue More than Doubles on Both Sequential and Year-over-Year Basis

Gross Margins Rise on Both Sequential and Year-over-Year Basis

SAN DIEGO, Aug. 6, 2015 (GLOBE NEWSWIRE) -- Novatel Wireless (NASDAQ: MIFI), a leading provider of solutions for the Internet of Things (IoT) and inventors of MiFi® technology, announced financial results for the second quarter ended June 30, 2015.

"We dramatically transitioned our IoT business in the second quarter, more than doubling our revenue from IoT products in the quarter,... More