Novatel Wireless (MIFI) Tops Q3 EPS by 3c; Guides Q4
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Novatel Wireless Reports Third Quarter 2016 Financial Results
November 3, 2016 4:16 PM EDTSaaS, Software and Services Revenues Increased at an Annualized Rate of 36% during the Third Quarter
Improved Adjusted EBITDA Achieved for Fourth Consecutive Quarter
Subscribers for Ctrack® Fleet Management Telematics Solutions Grew at an Annualized Rate of 20% during the Third Quarter
SAN DIEGO--(BUSINESS WIRE)-- Novatel Wireless, Inc. (NASDAQ: MIFI), a leading provider of solutions for the Internet of Things (IoT), including software-as-a-service (SaaS) solutions for the fleet telematics market, announced financial results for the third quarter ended September 30, 2016.
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