Sierra Wireless Reports Second Quarter 2018 Results

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Sierra Wireless (SWIR) Tops Q2 EPS by 6c, Revenues Beat; Offers 3Q EPS/Revenue Mid-Points Above Consensus

August 2, 2018 4:33 PM EDT

Sierra Wireless (NASDAQ: SWIR) reported Q2 EPS of $0.27, $0.06 better than the analyst estimate of $0.21. Revenue for the quarter came in at $201.9 million versus the consensus estimate of $199.17 million.

In the second quarter of 2018, we delivered solid revenue and adjusted EBITDA growth on a year-over-year and sequential basis, said Kent Thexton,... More