Buy This Tech Stock Trading Under $20 a Share Before It Explodes Higher [The Motley Fool]
Sierra Wireless, Inc. (SWIR)
Last sierra wireless, inc. earnings: 2/13 04:32 pm
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US:NASDAQ Investor Relations:
sierrawireless.com/company/investor-information
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Source: The Motley Fool
Harsh Chauhan(TMFTechJunk)Author BioHarsh has been covering technology, and sometimes retail, since 0. He is focused on finding great businesses for the long run. You can follow him on twitter @techjunkFollow @techjunkSierra WirelessNASDAQ:SWIRInternet of Thingslost its wayweigh Sierra downHowever, it looks like the chipmaker may be finally turning a corner. Sierra recently deliveredbetter-than-expected resultsImage source: Getty Images.Sierra Wireless is witnessing solid demandSierra Wireless' first-quarter revenue increased .9% year over year to $08. million. Revenue growth could have been higher, but it was affected by a week of production shutdown in the wake of a ransomware attack as well as supply constraints plaguing the chip industry.These factors were offset by robust end-market demand for its products and solutions. As it turns out, demand for Sierra's offerings was 0% higher than available supply last quarter. For comparison, demand was running % higher than supply in the f
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