Brief: Sequans Communications SA QTRLY Net Loss $0.09 Per Diluted Share/ADS

Sequans Communications SA

06/11/2019 13:37

Sequans Communications SA  SQNS.N :
    * SEQUANS COMMUNICATIONS ANNOUNCES THIRD QUARTER 2019
FINANCIAL
RESULTS
    * QTRLY REVENUE WAS $7.5 MILLION, A DECREASE OF 7.8%
COMPARED TO
Q2 OF 2019
    * QTRLY NET LOSS $0.09 PER DILUTED SHARE/ADS
    * IOT REVENUE WAS TEMPORARILY AFFECTED IN Q3 BY A SHORT-TERM
CHANNEL INVENTORY ISSUE WITH ONE CAT 1 CUSTOMER
    * EXPECTS REVENUE FOR Q4 OF 2019 TO SHOW SEQUENTIAL
IMPROVEMENT
    * Q3 EARNINGS PER SHARE VIEW $-0.07, REVENUE VIEW $10.0
MILLION --
REFINITIV IBES DATA
    * Q4 REVENUE VIEW $12.1 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw9Kk0x7a 
Further company coverage:  SQNS.N