Sierra Wireless, Inc. (SWIR) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Sierra Wireless, Inc. (SWIR)

SWIR 30.99

0.0%

Jan 12 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: JakeStraw	8/3/2017 12:23:15 PM
	of 185

Sierra Wireless Reports Second Quarter 2017 Results markets.siliconinvestor.com “In the second quarter of 2017, we delivered strong revenue and profitability growth on a year-over-year and sequential basis,” said Jason Cohenour, President and CEO. “We continued to strengthen our position as a leader in device-to-cloud solutions for the Internet of Things with new product offerings and the acquisition of FlowThings, an innovative provider of platform services for data orchestration and rapid application development.” Revenue for the second quarter of 2017 was $173.5 million, an increase of 11.1% compared to $156.2 million in the second quarter of 2016. Revenue from OEM Solutions was $144.5 million in the second quarter of 2017, up 9.0% compared to $132.6 million in the second quarter of 2016. Revenue from Enterprise Solutions was $21.7 million in the second quarter of 2017, up 30.7% compared to $16.6 million in the second quarter of 2016. Revenue from Cloud and Connectivity Services was $7.3 million in the second quarter of 2017, up 4.3% compared to $7.0 million in the second quarter of 2016.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next