Sierra Wireless Inc

+0.36 (+2.27%)
Other Pre-Announcement

Sierra Wireless Reports Second Quarter 2021 Results

Published: 08/12/2021 22:05 GMT
Sierra Wireless Inc (SWIR) - Sierra Wireless Reports Second Quarter 2021 Results.
Q2 Adjusted Loss per Share $0.03 From Continuing Operations.
Q2 Revenue $132.8 Million Versus Refinitiv Ibes Estimate of $119.8 Million.
Q2 Earnings per Share Estimate $-0.15 -- Refinitiv Ibes Data (analyst estimates).
Demand for Our Products Remains Very Strong.
Experiencing Production Interruptions Due to Covid-19 Cases at a Contract Manufacturing Facility in Vietnam.
Limited Production Has Resumed at Vietnam Facility.
Currently Building Our Resilience by Ramping Up Multiple Locations, Including Our New Mexico Site for Gateways and Routers.
Not Be Providing Guidance for Q3 of 2021.