SWIR - Sierra Wireless Non-GAAP EPS of $0.43 beats by $0.15 revenue of $187.95M beats by $13.5M
- Sierra Wireless press release ( NASDAQ: SWIR ): Q2 Non-GAAP EPS of $0.43 beats by $0.15 .
- Revenue of $187.95M (+41.5% Y/Y) beats by $13.5M .
- The increase was primarily due to strong demand and the realization of investments in inventory to combat the ongoing supply chain tightness.
- Monthly recurring revenue MRR was $9.1 million in June 2022 compared to $9.3 million in June 2021.
- Connectivity, software, and services revenue was $31.4 million, a decrease of 10.7% compared to the second quarter of 2021.
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Sierra Wireless Non-GAAP EPS of $0.43 beats by $0.15, revenue of $187.95M beats by $13.5M