Sierra Wireless (NASDAQ:SWIR) (TSE:SW) issued an update on its fourth quarter 2018 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.22-0.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.32. The company issued revenue guidance of $200-208 million, compared to the consensus revenue estimate of $208.4 million.Sierra Wireless also updated its Q4 guidance to $0.22-$0.30 EPS.
SWIR traded down $3.70 on Friday, hitting $16.02. The company had a trading volume of 2,113,686 shares, compared to its average volume of 206,504. Sierra Wireless has a 12-month low of $15.10 and a 12-month high of $23.45. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.61 and a quick ratio of 1.33. The firm has a market capitalization of $712.31 million, a PE ratio of 82.33, a price-to-earnings-growth ratio of 2.46 and a beta of 2.70.
Sierra Wireless (NASDAQ:SWIR) (TSE:SW) last posted its earnings results on Thursday, November 8th. The communications equipment provider reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.03. Sierra Wireless had a positive return on equity of 1.73% and a negative net margin of 2.96%. The company had revenue of $203.40 million for the quarter, compared to analyst estimates of $202.20 million. During the same quarter in the previous year, the firm earned $0.23 earnings per share. The firm’s quarterly revenue was up 17.8% compared to the same quarter last year. As a group, sell-side analysts expect that Sierra Wireless will post 0.67 EPS for the current year.
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About Sierra Wireless
Sierra Wireless, Inc, together with its subsidiaries, engages in building the Internet of Things (IoT) with intelligent wireless solutions in North America, Europe, and the Asia Pacific. It operates in three segments: Original Equipment Manufacturer (OEM) Solutions, Enterprise Solutions, and Cloud and Connectivity Services.
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