Sierra Wireless: Q2 Earnings Insights

8/11/22 5:00:32 PM ET

$SWIR

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Sierra Wireless (NASDAQ:SWIR) reported its Q2 earnings results on Thursday, August 11, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Sierra Wireless posted an EPS of $0.43.

Revenue was up $55.17 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.93 which was followed by a 15.21% increase in the share price the next day.

To track all earnings releases for Sierra Wireless visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Recent Analyst Ratings for
$SWIR

Date	Price Target	Rating	Analyst
8/3/2022		Buy → Hold	Canaccord Genuity
4/19/2022		Outperform	William Blair
2/23/2022	$21.50 → $24.00	Buy	B. Riley Securities
6/24/2021	$22.00	Buy	Craig Hallum

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Semtech Corporation Completes Acquisition of Sierra Wireless
Creating a comprehensive Internet of Things (IoT) platform to enable the transformation to a smarter, more sustainable planet Transaction brings together the ultra-low power benefits of LoRa® with higher bandwidth capabilities of cellular to create a new Internet of Things (IoT) Cloud-to-Chip systems leader Semtech expects its IoT market opportunity to expand by approximately 10x to US$10 billion by 2027 Semtech Corporation (NASDAQ:SMTC) and Sierra Wireless, Inc. (NASDAQ:SWIR) (TSX:SW) today announced the completion of Semtech's acquisition of Sierra Wireless in an all-cash transaction representing a total enterprise value of approximately US$1.2 billion. This transaction nearly doubl
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Semtech Corporation and Sierra Wireless Announce Termination of the Waiting Period Under the HSR Act
Closing of the Transaction is now Expected to Occur on or About January 12, 2023 Semtech Corporation (NASDAQ:SMTC) ("Semtech") and Sierra Wireless, Inc. (NASDAQ:SWIR) (TSX:SW) ("Sierra") today announced the termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230105005923/en/(Graphic: Business Wire) As previously disclosed on October 18, 2022, Semtech and Sierra each received a request for additional information and documentary material (the "Second Request") from the Antitrust Division of the U.S. D
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Former Executive Vice President of Veritas Technologies to join Sierra Wireless on July 26, 2021 Sierra Wireless (NASDAQ:SWIR) (TSX:SW), a world leading IoT solutions provider, today announced that its Board of Directors has appointed Phil Brace as its new President and CEO, effective July 26, 2021. The current President and CEO, Kent Thexton, will stay on at Sierra Wireless until August 13, 2021 to complete the transition. "I am thrilled to welcome Phil to Sierra Wireless," said Robin Abrams, Chair of the Sierra Wireless Board of Directors. "After an extensive search process, we are pleased to have secured a high-caliber candidate with a strong track record and more than 25 years' experi
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Sierra Wireless: Q2 Earnings Insights

Earnings

Past Earnings Performance

Chat with this insight

Recent Analyst Ratings for
$SWIR

$SWIR
SEC Filings

SEC Form 15-12G filed by Sierra Wireless Inc.

SEC Form 6-K filed by Sierra Wireless Inc.

SEC Form 6-K filed by Sierra Wireless Inc.

$SWIR
Press Releases

Fastest customizable press release news feed in the world

AUTOCANADA ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION

Semtech Corporation Completes Acquisition of Sierra Wireless

Semtech Corporation and Sierra Wireless Announce Termination of the Waiting Period Under the HSR Act

$SWIR
Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G filed by Sierra Wireless Inc.

SEC Form SC 13G filed by Sierra Wireless Inc.

SEC Form SC 13G filed by Sierra Wireless Inc.

$SWIR
Leadership Updates

Live Leadership Updates

Blackline Safety appoints former Sierra Wireless CEO, Jason W. Cohenour, to Board of Directors

Sierra Wireless Appoints Phil Brace as New President and CEO

Sierra Wireless Appoints James Armstrong Senior Vice President and General Manager, Enterprise Solutions

$SWIR
Market Insights

Live Market Insights

$SWIR
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Semtech Corporation And Sierra Wireless Announce Termination Of The Waiting Period Under The HSR Act

Sierra Wireless Q3 Adj. EPS $0.25 Beats $(0.70) Estimate, Sales $166.06M Beat $78.37M Estimate

Nasdaq, S&P 500 Futures Show Cautious Optimism Ahead Of October Inflation Print — Tesla, Rivian, Apple, AstraZeneca In Focus

Sierra Wireless downgraded by Canaccord Genuity

William Blair initiated coverage on Sierra Wireless

B. Riley Securities reiterated coverage on Sierra Wireless with a new price target

$SWIR
Financials

Live finance-specific insights

Sierra Wireless to Report Third Quarter 2022 Results on November 10th

Sierra Wireless Announces Preliminary Second Quarter 2022 Financial Results

Semtech Corporation to Acquire Sierra Wireless

Sierra Wireless: Q2 Earnings Insights

Earnings

Past Earnings Performance

Chat with this insight

Recent Analyst Ratings for $SWIR

$SWIR SEC Filings

SEC Form 15-12G filed by Sierra Wireless Inc.

SEC Form 6-K filed by Sierra Wireless Inc.

SEC Form 6-K filed by Sierra Wireless Inc.

$SWIR Press Releases

Fastest customizable press release news feed in the world

AUTOCANADA ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION

Semtech Corporation Completes Acquisition of Sierra Wireless

Semtech Corporation and Sierra Wireless Announce Termination of the Waiting Period Under the HSR Act

$SWIR Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G filed by Sierra Wireless Inc.

SEC Form SC 13G filed by Sierra Wireless Inc.

SEC Form SC 13G filed by Sierra Wireless Inc.

$SWIR Leadership Updates

Live Leadership Updates

Blackline Safety appoints former Sierra Wireless CEO, Jason W. Cohenour, to Board of Directors

Sierra Wireless Appoints Phil Brace as New President and CEO

Sierra Wireless Appoints James Armstrong Senior Vice President and General Manager, Enterprise Solutions

$SWIR Market Insights

Live Market Insights

$SWIR Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Semtech Corporation And Sierra Wireless Announce Termination Of The Waiting Period Under The HSR Act

Sierra Wireless Q3 Adj. EPS $0.25 Beats $(0.70) Estimate, Sales $166.06M Beat $78.37M Estimate

Nasdaq, S&P 500 Futures Show Cautious Optimism Ahead Of October Inflation Print — Tesla, Rivian, Apple, AstraZeneca In Focus

Sierra Wireless downgraded by Canaccord Genuity

William Blair initiated coverage on Sierra Wireless

B. Riley Securities reiterated coverage on Sierra Wireless with a new price target

$SWIR Financials

Live finance-specific insights

Sierra Wireless to Report Third Quarter 2022 Results on November 10th

Sierra Wireless Announces Preliminary Second Quarter 2022 Financial Results

Semtech Corporation to Acquire Sierra Wireless

Recent Analyst Ratings for
$SWIR

$SWIR
SEC Filings

$SWIR
Press Releases

$SWIR
Large Ownership Changes

$SWIR
Leadership Updates

$SWIR
Market Insights

$SWIR
Analyst Ratings

$SWIR
Financials