January 31, 2008 / 9:44 PM / 10 years ago

Sierra Wireless profit jumps on record revenue

(In U.S. dollars)

    TORONTO, Jan 31 (Reuters) - Sierra Wireless Inc (SW.TO) (SWIR.O) reported a fourth-quarter profit on Thursday that beat its forecasts, helped by record quarterly revenue and the early shipment of its new AirCard line of wireless modems.

    Sierra said it earned $11.5 million, or 37 cents a share, in the latest quarter, up from a profit of $2.4 million, or 9 cents a share, in the same period a year earlier.

    $1=$1.00 Canadian Reporting by Wojtek Dabrowski and Lynne Olver; Editing by Peter Galloway

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below