SIERRA WIRELESS INC (SWIR)

[MisterEC]

Sierra Wireless Reports Fourth Quarter and Full Year 2015 Results; Receives TSX Approval for Normal Course Issuer Bid







Fourth Quarter 2015 highlights



• Revenue of $144.8 million and Non-GAAP EPS of $0.08 in the quarter




• Adjusted EBITDA of $6.3 million compared to $12.7 million in Q4 2014





Full Year 2015 highlights



• Record revenue of $607.8 million and Non-GAAP EPS of $0.80 for the year




• Adjusted EBITDA of $42.9 million compared to $35.4 million in 2014








VANCOUVER, BRITISH COLUMBIA - February 4, 2016 - Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) today reported results for its fourth quarter and full year, ending December 31, 2015. All results are reported in U.S. dollars and are prepared in accordance with United States generally accepted accounting principles (GAAP), except as otherwise indicated below.

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