Sierra Wireless (SWIR) Misses Q4 EPS by 3c, Revenues Beat

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Go back to Sierra Wireless (SWIR) Misses Q4 EPS by 3c, Revenues Beat

Sierra Wireless Reports Fourth Quarter and Full Year 2019 Results

February 13, 2020 4:32 PM EST

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) today reported results for its fourth quarter and fiscal year ended December 31, 2019. 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 announced just over a year ago our strategy to transform from a hardware-focused IoT company to delivering full IoT solutions with recurring revenue attached to our market leading IoT devices. In 2019, we made tremendous progress and... More