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Sierra Wireless (a subsidiary of Semtech Corporation) is a Canadian multinational wireless communications equipment designer, manufacturer and services provider headquartered in Richmond, British Columbia, Canada. It also maintains offices and operations in the United States, Korea, Japan, Taiwan, India, France, Australia and New Zealand.
Sierra Wireless (SWIR) delivered earnings and revenue surprises of 104.76% and 12.72%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Lots of new devices are getting hooked up to the internet.
The 10-second takeaway For the quarter ended Dec. 31 (Q4), Sierra Wireless whiffed on revenues and beat expectations on earnings per share. Compared Sierra Wireless Beats Analyst Estimates on EPS
Numerex was founded in 1992 [10] and was first publicly traded in March 1994. [11] On September 1, 2015 Marc Zionts was appointed as CEO and President of this company. [12]In May 1998, Cellemetrry LLC was formed between Numerex Corp., BellSouth Corporation and BellSouth Wireless, [13] This was a joint venture between Numerex and Cingular.
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In the same month, they acquired Cycleo SAS, a supplier of wireless semiconductor products, for $5 million in cash. [21] [22] [23] In August 2022, Semtech agreed to buy Canadian Internet of things (IoT) technology company Sierra Wireless in an all-cash transaction valued at US$1.2 billion including debt. [24] The acquisition completed in ...