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Sierra Wireless Reports First Quarter 2012 Results

Sierra Wireless Reports First Quarter 2012 Results

Revenue in the first quarter 2012 of $150.3 million. Non-GAAP earnings from operations of $5.2 million. Non-GAAP net earnings of $5.0 million, or $0.16 per diluted share.

Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) today reported first quarter 2012 results. All results are reported in U.S. dollars and are prepared in accordance with United States generally accepted accounting principles (“GAAP”), except as otherwise indicated below. Revenue for the first quarter of 2012 was $150.3 million,...
[read Sierra Wireless Reports First Quarter 2012 Results]
Annual Smart Grid Spending to Reach $65 Billion by 2017

Annual Smart Grid Spending to Reach $65 Billion by 2017

Annual global spending on smart grid technologies, including smart meter implementations, as well as upgrades to transmission and distribution infrastructure, is expected to reach $65 billion by 2017.

Much of the electricity infrastructure in operation today is antiquated, highly inefficient, and cannot reliably manage the loads of today and tomorrow without significant upgrades taking place. With climate change high on the political agenda and utilities keen to increase operational efficiencies, there is an obvious and pressing...
[read Annual Smart Grid Spending to Reach $65 Billion by 2017]
New Modular M2M Gateway Breaks the Single Function Mold

New Modular M2M Gateway Breaks the Single Function Mold

Machine-to-Machine (M2M) solution providers frustrated over the proliferation of function-specific M2M gateways may soon be able to eliminate the multitude of redundant, single-function boxes.

Systech is launching the SysLINK™ M2M Gateway, a modular communication gateway/router, designed to solve data bridging requirements for home, commercial, and retail locations. Its modular architecture, with field replaceable option cards, is unique from any other M2M gateway on the market today. Sam Lucero, M2M & Embedded Practice...
[read New Modular M2M Gateway Breaks the Single Function Mold]
Novatel Wireless and NexTraq Sign Supply Agreement for Fleet Management Solution

Novatel Wireless and NexTraq Sign Supply Agreement for Fleet Management Solution

Novatel Wireless, Inc. (NASDAQ: NVTL), a leading provider of intelligent wireless networking solutions, and NexTraq, the value leader of GPS fleet tracking and vehicle management solutions, today announced that they have signed a supply agreement for mobile tracking devices.

Under the agreement, Novatel Wireless will supply its MT 3000 device for NexTraq's GPS fleet tracking solution. The Novatel Wireless MT 3000 is a compelling choice for fleet management providers who are looking for productivity improvements and...
[read Novatel Wireless and NexTraq Sign Supply Agreement for Fleet Management Solution]
Numerex Reports First Quarter 2012 Financial Results

Numerex Reports First Quarter 2012 Financial Results

24% Year-Over-Year Growth in M2M Subscription Base To 1.52 Million. Non-GAAP EPS Increased 25% Year-Over-Year.

Numerex Corp (NASDAQ: NMRX), a leading provider of business services, technology, and products for the worldwide machine-to-machine (M2M) market, today announced financial results for its first quarter ended March 31, 2012. Stratton Nicolaides, chairperson and CEO of Numerex, said: "The first quarter marked a solid start to the year reaching a milestone in cumulative subscriptions surpassing 1.5...
[read Numerex Reports First Quarter 2012 Financial Results]
Sierra Wireless Expands Options for 3G in M2M with New AirPrime™ Q2698 Embedded Module

Sierra Wireless Expands Options for 3G in M2M with New AirPrime™ Q2698 Embedded Module

The Newest Addition to the Popular AirPrime Q Series Provides Five-Band 3G HSPA+ Connectivity to Serve Global Deployments and Enables Custom Application Development with the Sierra Wireless Open AT® Application Framework

Sierra Wireless (NASDAQ: SWIR) (TSX: SW) today announced a new and important addition to its AirPrime™ Q Series of embedded wireless modules. The AirPrime Q2698 adds support for 3G HSPA+ on five frequency bands to the popular AirPrime Q Series, along with support for...
[read Sierra Wireless Expands Options for 3G in M2M with New AirPrime™ Q2698 Embedded Module]
Global OEM Connected Car System Shipments to Exceed 39 Million by 2016

Global OEM Connected Car System Shipments to Exceed 39 Million by 2016

OEM connected car system shipments are expected to grow from 8.22 million in 2012 to 39.5 million in 2016.

While the United States and Western Europe remain the leading regions, car OEMs such as GM, Toyota, Nissan, Hyundai, and Mercedes Benz increasingly look to China as the next major expansion area for launching connected car solutions in order to maintain or enhance their competitive position in this fledgling market. Dominique Bonte, vice president and group director, telematics...
[read Global OEM Connected Car System Shipments to Exceed 39 Million by 2016]
Digi International Reports Second Fiscal Quarter 2012 Results

Digi International Reports Second Fiscal Quarter 2012 Results

Digi International® Inc. (NASDAQ: DGII) reported revenue of $49.0 million for the second fiscal quarter of 2012, compared with $49.7 million for the second fiscal quarter of 2011, a decrease of $0.7 million, or 1.4%.

Net income was $2.1 million, or $0.08 per diluted share, in the second fiscal quarter of 2012 compared to $2.2 million, or $0.09 per diluted share, in the year ago comparable quarter. ”We are disappointed with our most recent quarter financial results that ...
[read Digi International Reports Second Fiscal Quarter 2012 Results]
Online tool to help consumers save money on energy bills launched in U.S.

Online tool to help consumers save money on energy bills launched in U.S.

The U.S. Energy Department has launched an interactive web platform, the Utility Data Access Map tool, which enables electric utilities across the country to show consumers the data they can access on their electricity use.

Currently, DOE has received responses from more than 500 participating utilities. Responses from other utilities are currently being solicited. Many consumers don't have enough data or are not aware of the data they can access to make informed decisions about energy efficiency measures they could...
[read Online tool to help consumers save money on energy bills launched in U.S.]
Novatel Wireless Selected by Tripple Track for Integrated M2M Solutions

Novatel Wireless Selected by Tripple Track for Integrated M2M Solutions

Novatel Wireless, Inc., a leading provider of intelligent wireless networking solutions, today announces that Tripple Track, a leading Scandinavian provider of GPS tracking and vehicle management solutions, has selected Novatel Wireless to provide its full portfolio of Enfora asset tags and mobile tracking devices as well as its N4A™ CMS service delivery platform.

Tripple Track is currently operating in the Nordic countries providing mobile tracking and asset tags for a number of enterprises. Tripple Track's CEO Erik...
[read Novatel Wireless Selected by Tripple Track for Integrated M2M Solutions]
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