Sierra Wireless (SWIR) Tops Q1 EPS by 8c, Q2 Revenue Guidance Beats

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Go back to Sierra Wireless (SWIR) Tops Q1 EPS by 8c, Q2 Revenue Guidance Beats

Sierra Wireless Reports First Quarter 2017 Results

May 4, 2017 4:29 PM EDT

Revenue increases 13.3% year-over-year to $161.8 million in the first quarter of 2017

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) today reported results for its first quarter ending March 31, 2017. 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.

In the first quarter of 2017, we delivered solid year-over-year revenue growth and profitability results that exceeded our expectations, said Jason Cohenour, President and CEO. We continued to... More