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CIBC Downgrades Sierra Wireless (SWIR) to Sector Underperform

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Sierra Wireless Reports Second Quarter 2016 Results

August 4, 2016 4:29 PM EDT

Revenue of $156.2 million in the second quarter of 2016 GAAP net earnings of $0.7 million and diluted EPS of $0.02 Non-GAAP net earnings of $6.4 million and diluted EPS of $0.20

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) today reported results for its second quarter ending June 30, 2016. All results are reported in U.S. dollars and are prepared in accordance with United States generally accepted accounting principles (GAAP), except as otherwise indicated below.

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