Sierra Wireless Reports Q3 Sales Doubled

[Mike Temporale]

http://www.mpx200.org/modules.php?op=modload&name=News&file=article&sid=2404&mode=thread&order=0&thold=0

"Sierra Wireless Inc. swung into profit in its third quarter as sales more than doubled from a year earlier, the wireless modem and phone maker said on Wednesday. Sierra reported net income of $7.1 million, or 27 cents per share, in the quarter ended Sept. 30, compared with a loss of $941,000, or 5 cents per share, in the corresponding period last year. The stock was up 9.8% today in trading."

I'm sure that the large sales figures are not 100% derived from the release of the Voq. However, it's nice to see that the smaller handset makers are still doing well. With any luck we might just see more innovative handsets from Sierra in the future.

[Mike Temporale]

http://www.mpx200.org/modules.php?op=modload&name=News&file=article&sid=2404&mode=thread&order=0&thold=0

"Sierra Wireless Inc. swung into profit in its third quarter as sales more than doubled from a year earlier, the wireless modem and phone maker said on Wednesday. Sierra reported net income of $7.1 million, or 27 cents per share, in the quarter ended Sept. 30, compared with a loss of $941,000, or 5 cents per share, in the corresponding period last year. The stock was up 9.8% today in trading."

I'm sure that the large sales figures are not 100% derived from the release of the Voq. However, it's nice to see that the smaller handset makers are still doing well. With any luck we might just see more innovative handsets from Sierra in the future.