Sierra Wireless (SWIR) reported earnings on Fri 3 Aug 2018 (b/o)

** charts before earnings **

 

** charts after earnings **

 

** 3 months later **

Sierra Wireless beats by $0.06, beats on revs; guides Q3 EPS in-line, revs in-line 

• Reports Q2 (Jun) earnings of $0.27 per share, excluding non-recurring items, $0.06 better than the Capital IQ Consensus of $0.21; revenues rose 16.4% year/year to $201.9 mln vs the $199.17 mln Capital IQ Consensus.
  • Gross margin was 34.4% in the second quarter of 2018 compared to 34.5% in the second quarter of 2017.
• Co issues in-line guidancefor Q3, sees EPS of $0.22-0.30, excluding non-recurring items, vs. $0.24 Capital IQ Consensus Estimate; sees Q3 revs of $198-207 mln vs. $198.05 mln Capital IQ Consensus Estimate.