Sierra Wireless Reports First Quarter 2020 Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/26/2026

1. ORCL
2. SPY
3. GMAB
4. ACCV
5. FLG
6. META
7. FICO
8. SMMT
9. QQQ
10. SPCX

Go back to Sierra Wireless Reports First Quarter 2020 Results

Sierra Wireless (SWIR) Misses Q1 EPS by 22c

May 7, 2020 4:49 PM EDT

Sierra Wireless (NASDAQ: SWIR) reported Q1 EPS of ($0.41), $0.22 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $157.6 million versus the consensus estimate of $157.68 million.

NON-GAAP RESULTS(1)

Gross margin was 27.7% in the first quarter of 2020 compared to 31.5% in the first quarter of 2019.Loss from operations was $13.8 million in the first quarter of 2020 compared to loss from operations of $0.2 million in the first quarter of 2019.Net loss was $14.7 million, or loss of $0.41 per diluted share, in the first quarter of 2020 compared to net loss of $0.9... More