Sierra Wireless (SWIR) Reports Q3 EPS of $0.29, Revenues Beat; Offers Q4 EPS/Revenue Guidance Below Consensus

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Go back to Sierra Wireless (SWIR) Reports Q3 EPS of $0.29, Revenues Beat; Offers Q4 EPS/Revenue Guidance Below Consensus

Sierra Wireless Reports Third Quarter 2018 Results

November 8, 2018 4:33 PM EST

Revenue increases 17.9% year-over-year to $203.4 million in the third quarter of 2018

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

We had strong growth in revenue and adjusted EBITDA on a year-over-year basis in the Third Quarter, said Kent Thexton, President and CEO.We continued to strengthen our... More