Sierra Wireless Reports Fourth Quarter and Full Year 2019 Results
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Sierra Wireless (SWIR) Misses Q4 EPS by 3c, Revenues Beat
February 13, 2020 4:33 PM ESTSierra Wireless (NASDAQ: SWIR) reported Q4 EPS of ($0.08), $0.03 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $174.3 million versus the consensus estimate of $170.88 million.
Q4 2019 results:(1)
Revenue: $174.3 million, lower by 13.5% year-over-year; recurring and other services revenue was 15.2% of quarterly revenue compared to 11.6% in 2018Loss per share: GAAP loss: $0.30; Non-GAAP loss: $0.08Adjusted earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA"): $2.3... More