Telular (NASDAQ:WRLS) released its first quarter results on January 31. Management exceeded expectations on both top and bottom lines, but cash levels fell short due to reasons discussed later.
We have been writing about Telular on SA since August 2010 when the stock was at $2.31. The stock closed at $10.56 at the time of this writing yielding a generous 4.5% and remains a compelling story not widely followed by analysts.
The goal of this article is to give the reader a basic understanding of Telular's businesses and potential from an investor's viewpoint. The discussion includes:
A complete set of updated...
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