Bitcoin-focused company Sequans Communications' Q2 revenue falls 15.8%

Sequans Communications SA

31/07/2025 11:17

Overview

Sequans Q2 2025 revenue falls 15.8% yr/yr

Net loss for Q2 widens to $9.1 mln, diluted loss per ADS at $0.36

Co launches Bitcoin Treasury strategy, acquiring 3,072 Bitcoin

Outlook

Company to share long-term Bitcoin treasury plans by end of current qtr

Company aims for breakeven operating income in 2026

Result Drivers

BITCOIN TREASURY STRATEGY - Sequans launched a Bitcoin Treasury strategy, acquiring 3,072 Bitcoin, with expectations of long-term shareholder value, per CEO Dr. Georges Karam

RESTRUCTURING COSTS - Operating loss reflects non-recurring items including restructuring costs and advisory fees related to major transactions

IOT BUSINESS IMPROVEMENT - Product revenue increased 10.3% qtr/qtr and 59.0% yr/yr, indicating improvement in IoT business

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$8.10 mln
$8.50 mln (1 Analyst)
Q2 Net Income
-$9.10 mln
Q2 Gross Margin
64.4%
Q2 Operating Income
-$8.70 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for Sequans Communications SA is $7.50, about 82% above its July 30 closing price of $1.35

Press Release: ID:nNFCbfnFz0

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)