Sierra Wireless revenues down 4% in Q4, sees component constraints on Q1 sales

Wednesday 24 February 2021 | 10:34 CET | News
Sierra Wireless reported revenues from continuing operations down 3.7 percent year-on-year to USD 125.1 million in the fourth quarter. The adjusted EBITDA loss narrowed slightly, to USD 2.9 million from USD 3.2 million a year earlier. The company said it expects to meet market expectations for Q1 revenue, but warned that difficulties in global supply chains may limit its ability to fulfil orders.

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