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GPS Tracking Device Market
radoffMay 22, 2021
Stratview Research’s report on GPS Tracking Device Market aims to deliver inclusive information on the market by taking into account several aspects of market research and analysis such as market size valuations, market dynamics, positioning and segmentation, competitive landscaping, and, opportunity analysis. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact books, etc.
For a more detailed breakdown of the COVID-19 impact on the GPS Tracking Device Market,
The COVID-19 impact on the market
The unexpected changes in the global markets caused by the sudden outbreak of the COVID-19 virus have caused massive and significant tremors in industries of all sizes, including the GPS Tracking Device Market. The steady slowdown of industries, on the other hand, would undoubtedly put a cap on the previously projected growth rate.
Connectivity, software and services revenue increased by 26% year over year in Q1’21 Sierra Wireless, Inc. reported results for its first quarter of 2021. All results are reported in U.S. dollars and are prepared in accordance with U.S. generally accepted accounting principles except as otherwise indicated below. “Total revenue in the first quarter was $108.1 million, up 4.9% year over year and our Connectivity, .
Sierra Wireless: Q1 Earnings Snapshot
May 13, 2021
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RICHMOND, British Columbia (AP) Sierra Wireless Inc. (SWIR) on Thursday reported a loss of $29.9 million in its first quarter.
The Richmond, British Columbia-based company said it had a loss of 81 cents per share. Losses, adjusted for one-time gains and costs, came to 26 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.
The wireless broadband modem maker posted revenue of $108.1 million in the period.
Sierra Wireless shares have fallen 7% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $13.56, a rise of 70% in the last 12 months.
/PRNewswire/ The "Vehicle Telematics Market by Technologies, Infrastructure, Connectivity, Distribution Channels, Vehicle Types, and Applications 2021 -.