Thursday, May 05, 2016 6:15:56 PM
Sierra Wireless Reports First Quarter Results
Revenue of $142.8 million compared to $150.4 million in Q1 2015
• Non-GAAP earnings from operations of $3.6 million compared to $8.8 million in Q1 2015
• Adjusted EBITDA of $6.7 million compared to $11.3 million in Q1 2015
• Non-GAAP net earnings of $2.6 million and diluted EPS of $0.08
This is better than was expected
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