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Provider: Reuters Investment Profile

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Sierra Wireless Inc Issues Q1 2013 Guidance Below Analysts' Estimates; Comments On Q2 2013 Guidance

Wednesday, 6 Feb 2013 04:30pm EST 

Sierra Wireless Inc announced that for the first quarter of 2013, it expects non-GAAP revenues in the range of $98.0-$102.0 million, non-GAAP net earnings from continuing operations to be between $(2.5)-$(1.5) million, non-GAAP earnings per share from continuing operations (EPS) to be between $(0.08)-$(0.05) per share. For the second quarter of 2013, the Company expects a return to solid sequential and year-over-year revenue growth and modest profitability. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $166.0 million and EPS of $0.21 for the first quarter of 2013. 

Company Quote

0.33 +1.56%
17 Apr 2014