Sierr
Sierra Wi-fi (SWIR) got here out with a quarterly lack of $0.08 per share versus the Zacks Consensus Estimate of a lack of $0.06. This compares to earnings of $0.25 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of -33.33%. 1 / 4 in the past, it was anticipated that this wi-fi broadband modem maker would publish earnings of $0.09 per share when it really produced earnings of $0.03, delivering a shock of -66.67%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates two occasions.
Sierra Wi-fi, which belongs to the Zacks Wi-fi Tools business, posted revenues of $174.30 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 2.89%. This compares to year-ago revenues of $201.40 million. The corporate has topped consensus income estimates thrice during the last 4 quarters.
The…