Sierra Wireless (SWIR) Reports In-Line Q1 EPS, Revenues Beat

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Sierra Wireless Reports First Quarter 2021 Results

May 13, 2021 4:30 PM EDT

Connectivity, software and services revenue increased by 26% year over year in Q121

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) (the "Company", "Sierra Wireless", "we", "us", or "our") reported results for its first quarter of 2021. All results are reported in U.S. dollars and are prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP" or "GAAP"), except as otherwise indicated below.

Total revenue in the first quarter was $108.1 million, up 4.9% year over year and our... More