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Sierra Wireless posts Q2 profit on revenues up 13%

Friday 3 November 2017 | 11:17 CET | News

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Sierra Wireless returned to a net profit in the third quarter after sales growth across all three of its business segments. Revenue rose 12.8 percent year-on-year to USD 173.2 million, in line with its guidance, and the net result was a profit of USD 1.2 million versus a loss of USD 1.8 million a year ago. Adjusted EPS of USD 0.23 also was in line with the company's forecast. 

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