Sierra Wireless (SWIR) Tops Q4 EPS by 3c

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Sierra Wireless Reports Fourth Quarter and Full Year 2017 Results

February 8, 2018 4:31 PM EST

Revenue increases 12.6% year-over-year to $183.5 million in the fourth quarter of 2017

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) today reported results for its fourth quarter and fiscal year ending December 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 fourth quarter of 2017, we delivered year-over-year revenue increases in each of our three segments, with particularly strong growth in our high margin... More