May 7 (Reuters) - Sierra Wireless Inc SW.TO :
* SIERRA WIRELESS REPORTS FIRST QUARTER 2020 RESULTS
* Q1 LOSS PER SHARE $0.62
* Q1 REVENUE $157.6 MILLION VERSUS REFINITIV IBES ESTIMATE OF $155.2 MILLION
* Q1 EARNINGS PER SHARE ESTIMATE $-0.19 -- REFINITIV IBES DATA
* FROM LATE FEBRUARY ONWARDS, OUR MANUFACTURING AND SUPPLY CHAIN PARTNERS IN CHINA GRADUALLY REOPENED PRODUCTION FACILITIES
* LOGISTICS SUPPORTING TRANSPORTATION OF GOODS REMAINS A CHALLENGE FOR US DUE TO DRAMATIC REDUCTION OF PASSENGER FLIGHTS GLOBALLY
* DID NOT EXPERIENCE SIGNIFICANT INTERRUPTION OF CUSTOMER DEMAND IN Q1 OF 2020
* FACING WEAKER-THAN-EXPECTED REVENUE PROJECTIONS IN Q2 OF 2020, DRIVEN PRIMARILY BY SIGNIFICANT REDUCTION IN AUTOMOTIVE OUTLOOK
* WITHDRAWING OUR PREVIOUS GUIDANCE FOR FULL YEAR 2020 REVENUE AND ADJUSTED EBITDA