Sierra Wireless (SWIR) Tops Q1 EPS by 93c, Revenue and Guidance Beat

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Sierra Wireless Reports First Quarter 2022 Results

May 11, 2022 4:30 PM EDT

Revenue in Q1'22 was $173.0 million and Adjusted EBITDA was $15.8 million

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) reported results for its first quarter of 2022. 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.1

We delivered strong sequential and year-over-year growth in the First Quarter, said Phil Brace, President and CEO of Sierra Wireless. "We continue to work closely with our... More