SIERRA WIRELESS INC (SWIR)

[ciciagt]

Financial Guidance
In the fourth quarter of 2014, we expect revenue to grow sequentially and on a year-over-year basis, gross margin percentage to improve compared to the third quarter of 2014 and operating expenses to increase slightly compared to the third quarter of 2014. We expect the non-GAAP tax rate in the fourth quarter of 2014 to be similar to the 12% non-GAAP tax rate in the third quarter of 2014. This results in the following non-GAAP guidance for the fourth quarter of 2014:

Q4 2014 Guidance ~~~~~ Consolidated Non-GAAP
Revenue. ~~~~~~ $145.0 to $148.0 million
Earnings from operations ~~~~ $9.0 to $10.0 million
Net earnings ~~~~~ $7.9 to $8.8 million
Earnings per share ~~~~ $0.25 to $0.28 per share

http://www.nasdaq.com/press-release/sierra-wireless-reports-third-quarter-2014-results-20141105-01542#ixzz3ILLyZ5Rp