Craft

Sierra Wireless

Stock Price

$41

2023-01-16

Market Capitalization

$1.6 B

2023-01-13

Revenue

$473.2 M

FY, 2021

Sierra Wireless Summary

Company Summary

Overview
Sierra Wireless is a wireless communication equipment designer and manufacturer. It specializes in the Internet of Things (IoT) and M2M (machine to machine) wireless solutions. The company operates through two segments: IoT Solutions and Enterprise Solutions. The IoT Solutions segment offers cellular wireless IoT solutions, IoT connectivity services, and embedded broadband solutions. The Enterprise Solutions segment provides AirLink routers, IoT gateways, IoT applications and advanced network management, managed connectivity services, and mobility applications. Sierra Wireless caters to industrial manufacturing, energy and natural resources, smart cities, transport and logistics, commercial building infrastructure, healthcare, and public safety sectors.
Type
Public
Status
Active
Founded
1993
HQ
Richmond, CA | view all locations
Website
https://www.sierrawireless.com/
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Phil Brace

    Phil Brace, President and CEO, Director

  • Samuel Cochrane

    Samuel Cochrane, Chief Financial Officer

  • Pravin Desale
  • Steve Harmon

Operating MetricsView all

Devices Sold

200K
99.9%

FY, 2021

Networks Monitored

650
8.3%

FY, 2021

Patents (US)

119
19.6%

FY, 2021

LocationsView all

7 locations detected

  • Richmond, BC HQ

    Canada

    13811 Wireless Way

  • Labège, Occitanie

    France

    308 Allée du Lac

  • Mougins, Provence-Alpes-Côte d'Azur

    France

    Parc de Haute Technologie, Font de L’Orme 694-732 Avenue du Docteur Maurice Donat (Bat. 6)

  • Tokyo, Tokyo

    Japan

    Level 28 Shinagawa Intercity Tower A 2-15-1 Konan, Minato-ku

  • Anyang, Gyeonggi-do

    Korea (Republic of)

    Unit 508, 5TH Floor, K Bizrium, 445 Heungan-daero, Dongan-gu

  • Karlskrona, Blekinge län

    Sweden

    Konstapelsgatan 33

and 1 others

Sierra Wireless Financials

Summary Financials

Revenue (Q3, 2022)
$166.1M
Gross profit (Q3, 2022)
$57.6M
Net income (Q3, 2022)
($9.3M)
Cash (Q3, 2022)
$126.0M
EBIT (Q3, 2022)
($4.4M)
Enterprise value
($58.0M)

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