Sierra Wireless (SWIR) Tops Q3 EPS by 4c

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.

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