Sierra Wireless (SWIR) Tops Q3 EPS by 4c

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Go back to Sierra Wireless (SWIR) Tops Q3 EPS by 4c

Sierra Wireless Reports Third Quarter 2016 Results

November 3, 2016 4:28 PM EDT

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) today reported results for its third quarter ending September 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.

Revenue for the third quarter of 2016 was $153.6 million, a decrease of 0.7% compared to $154.6 million in the third quarter of 2015. Revenue from OEM Solutions was $127.8 million in the third quarter of 2016, down 2.2% compared to $130.7 million in the third quarter of 2015. Revenue from... More