Sierra Wireless (SWIR) Tops Q3 EPS by 4c

November 3, 2016 4:38 PM EDT
Get Alerts SWIR Hot Sheet
Trade SWIR Now!
Join SI Premium – FREE

Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here.

Sierra Wireless (NASDAQ: SWIR) reported Q3 EPS of $0.13, $0.04 better than the analyst estimate of $0.09. Revenue for the quarter came in at $153.6 million versus the consensus estimate of $150.8 million.

“In the third quarter of 2016, we delivered financial results that were in line with our expectations, while also strengthening our strategic position with new product launches, new design wins and the acquisition of Bluetooth innovator, Blue Creation,” said Jason Cohenour, President and CEO. “Looking forward, we expect stronger financial results in the fourth quarter, including sequential and year-over-year revenue growth.”

For earnings history and earnings-related data on Sierra Wireless (SWIR) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Earnings, Management Comments

Related Entities

Earnings, Definitive Agreement

Add Your Comment