Sequans Communications SA expected to post a loss of 11 cents a share - Earnings Preview

Sequans Communications SA

02/08/2024 18:02

* Sequans Communications SA  SQNS.N   SQNS.K  is expected
to show
a fall in quarterly revenue when it reports  results on August 6
(estimated) for the period ending June 30 2024
    * The Colombes Ile-de-france-based  company is expected to
report
a 11.6% decrease in revenue to $8.1 million from $9.16 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Sequans Communications
SA is
for a loss of 11 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Sequans
Communications SA is $3.00​, above​ its last closing price
of $0.51. ​​​

This summary was machine generated August 2 at 17:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)