- The shares of Sierra Wireless are lingering on restructuring cost and some temporary headwinds from some part of the markets.
- But the rest of the year should be better as the revenues from their automotive clients start to ramp.
- But the company is undergoing a more structural transition into a more integrated IoT solutions provider, producing higher margins and recurring revenues.
- Together with the cost cutting program and the explosive growth in connectivity, that should propel the company and its shares forward for the next several years.
Sierra Wireless Loading The Flywheel
June 26th, 2019 · No Comments