Sierra Wireless (NASDAQ: SWIR) is engaged in the development and marketing of wireless communications modems. Its products permit laptop computers, handheld mobile computing devices and vehicle-based systems to access wireless data and voice communications networks. Sierra's devices are used primarily by businesses and government organizations to enable their employees to connect with the Internet, e-mail, corporate intranets, remote databases, and computer-aided dispatch units. Customers include AT&T (NYSE: T), Sprint Nextel (NYSE: S) and Verizon Communications (NYSE: VZ).

The firm pleased investors last week, when it reported Q4 EPS of 37 cents and revenues of $135.6 million. Analysts had been expecting 35 cents and $125.7 million. In discussing the solid quarter, the CEO pointed to the successful launch of new products. Management also guided Q1 EPS to 30 cents (28 cent consensus) and Q1 revenues to $136 million ($120.71M consensus). JMP Securities subsequently reiterated its "strong buy" recommendation.

Continue reading Sierra Wireless (SWIR): Shares defining bullish 'pennant'

Sierra Wireless (SWIR): Shares defining bullish 'pennant' originally appeared on BloggingStocks on Fri, 15 Feb 2008 13:51:00 EST. Please see our terms for use of feeds.

Wireless modems connect people all over the world with mobile broadband networks that keep them in touch, informed, and productive from wherever they need to be. There is an outfit in Richmond, British Columbia that was instrumental in developing early wireless data devices and now its modems ship to some big name clients.

Sierra Wireless (NASDAQ: SWIR) is engaged in the development and marketing of wireless communications modems. Its products permit laptop computers, handheld mobile computing devices and vehicle-based systems to access wireless data and voice communications networks. Sierra's devices are used primarily by businesses and government organizations to enable their employees to connect with the Internet, e-mail, corporate intranets, remote databases and computer-aided dispatch units. Customers include AT&T (NYSE: T), Sprint Nextel (NYSE: S) and Verizon Communications (NYSE: VZ).

Continue reading Sierra Wireless (SWIR): Shares defining bullish 'flag' pattern

Sierra Wireless (SWIR): Shares defining bullish 'flag' pattern originally appeared on BloggingStocks on Thu, 01 Nov 2007 13:21:00 EST. Please see our terms for use of feeds.