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

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

Sierra Wireless Reports Second Quarter 2018 Results

August 2, 2018 4:30 PM EDT

Revenue increases 16.4% year-over-year to $201.9 million in the second quarter of 2018

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) today reported results for its second quarter ending June 30, 2018. 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 second quarter of 2018, we delivered solid revenue and adjusted EBITDA growth on a year-over-year and sequential basis, said Kent Thexton, Interim CEO. Our two fastest growing and highest... More