Sierra Wireless Past Earnings Performance

Past criteria checks 0/6

Sierra Wireless's earnings have been declining at an average annual rate of -29%, while the Communications industry saw earnings growing at 31.8% annually. Revenues have been declining at an average rate of 8.8% per year.

Key information

-29.0%

Earnings growth rate

-28.4%

EPS growth rate

Communications Industry Growth	31.8%
Revenue growth rate	-8.8%
Return on equity	-9.1%
Net Margin	-3.7%
Last Earnings Update	30 Sep 2022

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Sierra Wireless makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:SWIR Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 22	677	-25	120	70
30 Jun 22	593	-53	119	71
31 Mar 22	538	-74	122	71
31 Dec 21	473	-89	129	71
30 Sep 21	444	-88	132	74
30 Jun 21	475	-64	137	79
31 Mar 21	454	-71	138	83
31 Dec 20	449	-70	138	86
30 Sep 20	453	-74	135	86
30 Jun 20	477	-80	135	83
31 Mar 20	476	-91	135	77
31 Dec 19	547	-75	134	79
30 Sep 19	624	-63	139	80
30 Jun 19	690	-44	142	84
31 Mar 19	781	-27	150	92
31 Dec 18	794	-25	150	94
30 Sep 18	776	-24	145	93
30 Jun 18	745	-22	137	92
31 Mar 18	716	-4	124	88
31 Dec 17	691	5	118	83
30 Sep 17	670	24	113	79
30 Jun 17	651	21	111	76
31 Mar 17	634	15	108	74
31 Dec 16	615	16	105	73
30 Sep 16	597	-1	102	74
30 Jun 16	598	4	98	74
31 Mar 16	600	8	96	74

Quality Earnings: SWIR is currently unprofitable.

Growing Profit Margin: SWIR is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SWIR is unprofitable, and losses have increased over the past 5 years at a rate of 29% per year.

Accelerating Growth: Unable to compare SWIR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SWIR is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (20.3%).

Return on Equity

High ROE: SWIR has a negative Return on Equity (-9.13%), as it is currently unprofitable.

Sierra Wireless Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Third quarter 2022 earnings released: US$0.26 loss per share (vs US$1.03 loss in 3Q 2021)

Sierra Wireless, Inc. to Report Q3, 2022 Results on Nov 10, 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Sierra Wireless, Inc. to Report Q2, 2022 Results on Aug 11, 2022

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Sierra Wireless, Inc. to Report Q1, 2022 Results on May 11, 2022

Recent updates

Sierra Wireless, Inc.(NasdaqGS:SWIR) dropped from NASDAQ Telecom Index

13548597 Canada Inc. completed the acquisition of Sierra Wireless, Inc. (TSX:SW) from a group of shareholders.

Price target increased to US$31.00

High number of new directors

An unknown buyer acquired Legacy home security business from Sierra Wireless, Inc. (TSX : SW) for CAD 7.6 million.

Third quarter 2022 earnings released: US$0.26 loss per share (vs US$1.03 loss in 3Q 2021)

Sierra Wireless, Inc. to Report Q3, 2022 Results on Nov 10, 2022

Semtech, Sierra Wireless receive DOJ second request on deal

Sierra Wireless Announces AirLink® RX55 Cellular Router Optimized for the Rapidly Expanding Industrial IoT

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Forecast breakeven date moved forward to 2022

13548597 Canada Inc announced a definitive agreement to acquire Sierra Wireless, Inc. (TSX:SW) from a group of shareholders for $1.3 billion.

Sierra Wireless, Inc. Provides Preliminary Guidance for the Second Quarter 2022

Sierra Wireless jumps 18% on report of Semtech buyout talks

Sierra Wireless, Inc. to Report Q2, 2022 Results on Aug 11, 2022

Sierra Wireless - Going Wild

High number of new and inexperienced directors

Senior Vice President of Engineering recently bought US$52k worth of stock

Chief Financial Officer recently sold US$826k worth of stock

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Sierra Wireless, Inc. Provides Revenue Guidance for the Second Quarter of 2022

Sierra Wireless, Inc. Provides Revenue Guidance for the Second Quarter of 2022

High number of new and inexperienced directors

Sierra Wireless, Inc. to Report Q1, 2022 Results on May 11, 2022

Sentinel Offender Services, LLC acquired Omnilink Offender Monitoring Business from Sierra Wireless, Inc. (TSX:SW) for $37.6 million.

Turnaround At Sierra Wireless

Sierra Wireless, Inc. Provides Revenue Guidance for the First Quarter of 2022

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Sierra Wireless, Inc. to Report Q4, 2021 Results on Feb 22, 2022

Sierra Wireless Announces AirLink® RV50X Router Certified by FCC for Use on Anterix 900 MHz Spectrum

Independent Director recently bought US$254k worth of stock

Independent Director recently bought US$824k worth of stock

Third quarter 2021 earnings released: US$1.03 loss per share (vs US$0.40 loss in 3Q 2020)

Forecast to breakeven in 2023

High number of new and inexperienced directors

Sierra Wireless, Inc. Does Not Provides Earnings Guidance for the Year 2021

Why Sierra Wireless Is Due For A Dip

Sierra Wireless 5G Modules First to Be Certified on Deutsche Telekom's 5G Network

Sierra Wireless Announces New HL78 Series Modules Extending Leadership in Growing LPWA Market

Sierra Wireless Advances 5G with Certification of its 5G Module and MG90 5G Router on T-Mobile’s Nationwide 5G Network

Sierra Wireless Introduces the World’s Most Advanced 5G Router Portfolio

Sierra Wireless Extends 5G Leadership in Mobile Broadband with Next Generation 5G Modules

Sierra Wireless, Inc. Provides Earnings Guidance for the Second Quarter of 2021

Sierra Wireless, Inc. Introduces the World’s Most Advanced 5G Router Portfolio

Sierra Wireless Announces Resumption of Production

Sierra Wireless Withdraws the First Quarter 2021 Guidance It Previously Provided

Full year 2020 earnings released: US$1.93 loss per share (vs US$2.06 loss in FY 2019)

Insider recently bought US$166k worth of stock

Chief Technology Officer recently sold US$63k worth of stock

Revenue and earnings miss expectations

Full year 2020 earnings released: US$1.93 loss per share (vs US$1.95 loss in FY 2019)

Price target raised to US$20.44

Price target raised to US$17.33

Sierra Wireless, Inc. to Report Q4, 2020 Results on Feb 23, 2021

Virocom Selects Sierra Wireless Airlink End-To-End Networking Solution for Smart Locker Applications

Kent Thexton Plans to Retire as CEO of Sierra Wireless

Sierra Wireless Appoints James Armstrong as Senior VP and GM, Enterprise Solutions

Sierra Wireless deploys Zenoss for intelligent IoT system monitoring

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

Thermigas Increases Industrial Water Heater Uptime with Octave the All-in-One Edge-to-Cloud Solution from Sierra Wireless

Fibocom Wireless Inc. (SZSE:300638) along with three Chinese investment firms completed the acquisition of Automotive Embedded Module Product Line from Sierra Wireless, Inc. (TSX:SW).

Slow Turnaround At Sierra Wireless

Sierra Wireless, Inc. Unable to Predict Guidance for the Fourth Quarter 2020

Sierra Wireless EPS misses by $0.18, beats on revenue

Price target raised to US$13.61

Sierra Wireless, Inc. to Report Q3, 2020 Results on Nov 12, 2020

Sierra Wireless Announces Availability of the AirLink MG90 5G platform

Sierra Wireless, Inc. Unable to Predict Third Quarter 2020 Guidance

First half earnings released