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Short Take: Sierra Wireless posts slim third-quarter profit

Sierra Wireless, a maker of wireless modem PC cards, Wednesday posted a third-quarter profit of $61,000, or zero cents per share, narrower when compared with net earnings of $773,000, or 5 cents a share, for the same quarter last year. A consensus earnings per share estimate was not available, according to First Call/Thomson Financial. Quarterly revenue rose to $15.2 million from $5.8 million a year ago.

    Sierra Wireless, a maker of wireless modem PC cards, Wednesday posted a third-quarter profit of $61,000, or zero cents per share, narrower when compared with net earnings of $773,000, or 5 cents a share, for the same quarter last year. A consensus earnings per share estimate was not available, according to First Call/Thomson Financial. Quarterly revenue rose to $15.2 million from $5.8 million a year ago.