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Strategies & Market Trends : Aardvark Adventures
DAVE 240.62+0.6%Nov 3 3:59 PM EST

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To: ~digs who wrote (100)4/2/2004 3:02:44 PM
From: ~digs  Read Replies (1) of 7944
 
SWIR

April 1, 2004--Sierra Wireless, Inc. is providing updated financial guidance for the first quarter ended March 31st. Revenue and earnings expectations are increased significantly over the previous guidance for this quarter issued on January 28, 2004. Revenue, previously guided in the range of $35 million to $37 million, is now expected to be over $40 million. Net earnings are expected to be over $3 million, compared to previous guidance of $1.5 million, while diluted earnings per share are expected to be over $0.12, compared to previous guidance of $0.06. Cash flow is now expected to be significantly positive, compared to previous guidance of neutral.

biz.yahoo.com
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