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Wireless

Sierra Wireless downgrades outlook as revenues slide in Q2

Thursday 1 August 2019 | 08:59 CET | News
Sierra Wireless reported Q2 revenues down to USD 191.4 million compared to USD 201.9 million in the second quarter of 2018. Revenue from IoT Solutions rose 6.3 percent to USD 99.2 million, driven by strong sales of Airlink gateway products and managed connectivity services. Revenue from Embedded Broadband was USD 92.2 million, down 15.1 percent year-on-year mainly due to weaker demand from mobile computing.

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Categories: Mobile & Wireless
Companies: Sierra Wireless
Countries: World
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