Sierra Wireless (SWIR) Misses Q4 EPS by 5c, Revenues Beat

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Sierra Wireless Reports Fourth Quarter and Full Year 2020 Results

February 23, 2021 4:30 PM EST

Recurring and Other Services revenue represented 27% of total revenue in Q4 2020

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) (the "Company", "Sierra Wireless", "we", "us", or "our") reported results for its fourth quarter and fiscal year ended December 31, 2020. 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.

Our revenue continued to improve in the Fourth Quarter of 2020 with 6.3% sequential revenue growth to... More