Inactive Instrument

Sierra Wireless, Inc.

SW

CA8265161064

Sierra Wireless, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022

November 10, 2022 at 05:15 pm EST

Sierra Wireless, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 166.06 million compared to USD 82.45 million a year ago. Net loss was USD 9.33 million compared to USD 37.95 million a year ago. Basic loss per share from continuing operations was USD 0.26 compared to USD 1.03 a year ago. Diluted loss per share from continuing operations was USD 0.26 compared to USD 1.03 a year ago. Basic loss per share was USD 0.24 compared to USD 1.02 a year ago. Diluted loss per share was USD 0.24 compared to USD 1.02 a year ago.
For the nine months, revenue was USD 526.96 million compared to USD 323.3 million a year ago. Net loss was USD 10.31 million compared to USD 77.76 million a year ago. Basic loss per share from continuing operations was USD 0.35 compared to USD 2.08 a year ago. Diluted loss per share from continuing operations was USD 0.35 compared to USD 2.08 a year ago. Basic loss per share was USD 0.27 compared to USD 2.1 a year ago. Diluted loss per share was USD 0.27 compared to USD 2.1 a year ago.

Latest news about Sierra Wireless, Inc.

Sierra Wireless Partners with Amdocs to Simplify Adoption of Private Networks	23-06-21	CI
Sierra Wireless Announces New 5G LPWA HL7900 Module Integrating Sony’s Altair ALT1350 Chipset	23-02-21	CI
13548597 Canada Inc. completed the acquisition of Sierra Wireless, Inc. (TSX:SW) from a group of shareholders.	23-01-22	CI
Sector Update: Tech Stocks Enjoy Late Boost Friday Afternoon	23-01-13	MT
Sector Update: Tech Stocks Still Underwater but Nearly Surface Again	23-01-13	MT
Sierra Wireless, Inc.(TSX:SW) dropped from S&P Global BMI Index	23-01-13	CI
Semtech Completes Acquisition of Sierra Wireless for $1.2 Billion	23-01-12	MT
Sierra Wireless Brief: Semtech Corporation Completes Acquisition of Sierra Wireless	23-01-12	MT
Sierra Wireless, Inc.(NasdaqGS:SWIR) dropped from NASDAQ Telecom Index	23-01-12	CI
Sierra Wireless, Inc.(NasdaqGS:SWIR) dropped from NASDAQ Composite Index	23-01-12	CI
RBC Capital Markets Notes Jan. 12 Closing Of Semtech's Sierra Wireless Deal	23-01-06	MT
Sierra Wireless Shares Rise Nearly 6% as Antitrust Review Period Ends	23-01-05	DJ
Sierra Wireless Brief: Says Offering "Critical" Communications Solution for First Responders and Extended Public Safety Users with FirstNet	22-12-15	MT
Sierra Wireless Offers Critical Communications Solution for First Responders and Extended Public Safety Users with FirstNet	22-12-15	CI
RBC Capital Maintains Sector Perform, US$31 Target on Sierra Wireless Despite Q3 Miss	22-11-11	MT
Sierra Wireless, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-10	CI
Sierra Wireless Q3 Revenue Up YOY	22-11-10	MT
Earnings Flash (SW.TO) SIERRA WIRELESS Posts Q3 Adjusted earnings from continuing operations was US$10.0 million, or earnings of $0.25 per share	22-11-10	MT
Earnings Flash (SW.TO) SIERRA WIRELESS Posts Q3 Revenue US$166.1 Million	22-11-10	MT
An unknown buyer acquired Legacy home security business from Sierra Wireless, Inc. (TSX : SW) for CAD 7.6 million.	22-11-09	CI
M2M Services acquisition of Uplink Security, Inc. from Siaerra Wireless, Inc. (TSX:SW).	22-10-27	CI
RBC Capital Markets Says Canadian Tech Stocks To Remain Under Pressure	22-10-21	MT
Sector Update: Technology Stocks Hanging on to Tuesday Advance as Chipmakers Firm	22-10-18	MT
Sector Update: Tech Stocks Higher in Tuesday Afternoon Trading but Chipmakers Lag	22-10-18	MT
Semtech, Sierra Wireless Receive US Justice Department Requests for More Information on Pending Deal	22-10-18	MT

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Company Profile

Sierra Wireless, Inc. provides solutions for the Internet of Things (IoT) comprised of its recurring connectivity services, cloud platform, gateways and embedded cellular modules. Its business is comprised of connectivity services, cloud platform, routers, and embedded cellular modules. The Company operates through two segments: IoT Solutions and Enterprise Solutions. The IoT Solutions segment includes its cellular wireless IoT module solutions, IoT connectivity services, embedded broadband solutions, and Octave edge-to-cloud solution. The Enterprise Solutions segment includes its range of Sierra Wireless AirLink routers, IoT gateways, IoT applications and advanced network management, managed connectivity services, and mobility applications. Its products and services are used by enterprises, industrial companies, public safety agencies and Original Equipment Manufacturers (OEMs) to digitize their assets by connecting their equipment and products from cellular network to the cloud.

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