Telular (WRLS) off to a good start for fiscal year 2011.

Management continues to do a very good job managing costs, holding down overhead costs as revenues and cash flow continue to rise. For the first quarter of 2011, adjusted net income before non-cash items and excluding a one-time cash compensation expense of $660,000 related to the special dividend distributed this quarter, was $2.3 million. Guidance going forward, before non-cash items, is $8.5 – $9.5 million…… For the complete article click here


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