Sierra Wireless Reports First Quarter 2019 Results

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Go back to Sierra Wireless Reports First Quarter 2019 Results

Sierra Wireless (SWIR) Tops Q1 EPS by 3c, Revenues Beat; Offers FY19 EPS Mid-Point Guidance Above Consensus

May 9, 2019 5:01 PM EDT

Sierra Wireless (NASDAQ: SWIR) reported Q1 EPS of ($0.02), $0.03 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $173.8 million versus the consensus estimate of $172.08 million.

NON-GAAP RESULTS(1)

Gross margin was 31.5% in the first quarter of 2019 compared to 33.4% in the first quarter of... More