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M2M News ArchivesPosts Tagged ‘results’
Gemalto Reports First Quarter 2012 Revenue
The Machine-to-Machine segment posted revenue of €43.8 million, stable on last year’s first quarter. Revenue figures in this document are for ongoing operations and variations are at constant exchange rates except where otherwise noted. Revenue figures including contribution of assets held for sale and variations at historical rates are provided in the appendix of this document. All figures presented in this press release are unaudited. Gemalto (Euronext NL0000400653 - GTO), the world leader in digital [...]
Telit Communications continues to increase market share in m2m market
Telit Communications increased revenues 34.7 per cent to US$177.4 million in the year to December 31, 2011. The wireless machine-to-machine specialist said it had achieved strong growth last year and is now better placed in its bid to become a leading provider of m2m solutions worldwide. Machine-to-machine (M2M) wirelessly connects devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks and heart monitors. Telit sells its products [...]
Novatel Wireless Fourth Quarter and Full Year 2011 Preliminary Financial Results
Novatel Wireless, Inc. (NASDAQ: NVTL), a leading provider of intelligent wireless solutions, today reported preliminary financial results for the fourth quarter and full year ended Dec. 31, 2011. Full-year Revenue up 19 Percent 4Q Non-GAAP EPS of 5 Cents vs. Breakeven in Prior Year 4Q Non-GAAP Gross Margin of 24.5% vs. 19.9% in Prior Year 4Q Adjusted EBITDA of $3.7 Million vs. $2.6 Million in Prior Year Peter Leparulo, Chairman and CEO of Novatel Wireless, said: "For the 2011 full year, we achieved revenue growth of 19 [...]
Numerex Reports Fourth Quarter and Full Year 2011 Financial Results
25% Q4 Growth Drives M2M Subscription Base To 1.44 Million, Generating 19% increase in Q4 recurring revenues 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 fourth quarter and full year ended December 31, 2011. "Numerex solidified its position as a leader in the M2M industry with a strong performance in the fourth quarter and for the full year 2011," stated Stratton Nicolaides, chairperson and [...]
Sierra Wireless Reports Fourth Quarter and Full Year 2011 Results
Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) today reported fourth quarter and fiscal year 2011 results. Fourth Quarter 2011 Revenue in the fourth quarter 2011 of $147.2 million Non-GAAP earnings from operations of $3.4 million, exceeding guidance range Non-GAAP net earnings of $2.5 million, or $0.08 per diluted share Full Year 2011 Revenue for the year ended fiscal 2011 of $578.2 million Non-GAAP net earnings of $3.6 million, or $0.12 per diluted share Core M2M revenue up 9% year-over-year All [...]
Digi International Reports First Fiscal Quarter 2012 Results
Thirty-Sixth Consecutive Quarter of Profitability, Despite Thailand Flooding Impact Digi International® Inc. (NASDAQ: DGII, www.digi.com) reported revenue of $46.7 million for the first fiscal quarter of 2012, compared with $48.3 million for the first fiscal quarter of 2011. Net income for the first fiscal quarter of 2012 was $0.7 million, or $0.03 per diluted share, compared to $2.3 million or $0.09 per diluted share in the prior year comparable quarter. As announced in October 2011, the [...]
Numerex Announces Preliminary Fourth Quarter 2011 Subscriptions and Provides 2012 Guidance
Numerex Corp, a leading provider of business services, technology, and products for the worldwide machine-to-machine (M2M) market, today announced that during the fourth quarter of 2011, the Company added approximately 85,000 subscriptions bringing its M2M subscription base to more than 1.43 million at the end of 2011. Stratton Nicolaides, chairperson and CEO of Numerex stated "The Company's subscription growth in 2011 was at the higher end of the range of expectations as a result of strong demand from our channel partners in the [...]
Elecsys Corporation Reports Second Quarter Financial Results
Profits grow by 175% as sales increase by 12% Elecsys Corporation (NASDAQ: ESYS), a provider of innovative data acquisition systems, machine to machine (M2M) communication technology solutions, and custom electronic equipment for critical industrial applications worldwide, today announced the financial results for its second fiscal quarter ended October 31, 2011. Sales for the quarter were $6,133,000, an increase of 12%, or $654,000, from $5,479,000, in the second quarter of fiscal 2012. Total sales year-to-date increased 11%, [...]
Digi International Reports Fourth Fiscal Quarter and Full Year 2011 Results
Revenue for Fourth Fiscal Quarter and Full Year 2011 Increases by 9.7% and 11.8%, Respectively, Compared to Fourth Fiscal Quarter and Full Year 2010 Digi International® Inc. (NASDAQ: DGII) Financial highlights for the fourth fiscal quarter and year ended September 30, 2011 include: Revenue of $51.8 million in the fourth fiscal quarter of 2011 grew by $4.5 million, or 9.7%, compared to $47.3 million in the fourth fiscal quarter of 2010. Revenue for the year ended September 2011 (fiscal [...]
Sierra Wireless Reports Third Quarter 2011 Results
Revenue in the third quarter 2011 of $146.8 million Non-GAAP net earnings per diluted share of $0.15 Core M2M revenue up 15% year-over-year Gross margin increased to 29.5%, up from 28.0% in the second quarter Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) today reported third quarter 2011 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 third quarter [...]
