RICHMOND, British Columbia (AP) _ Sierra Wireless Inc. (SWIR) on Thursday reported second-quarter profit of $11.7 million.

On a per-share basis, the Richmond, British Columbia-based company said it had profit of 30 cents. Earnings, adjusted for one-time gains and costs, came to 43 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.

The wireless broadband modem maker posted revenue of $188 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $166.7 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SWIR at https://www.zacks.com/ap/SWIR

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