Sequans Communications SA reports results for the quarter ended in December - Earnings Summary

Sequans Communications SA

08/02/2022 13:15

* Sequans Communications SA  SQNS.N  reported a quarterly
adjusted
loss of 9 cents​​ per share for the quarter ended in December.
The mean expectation of five analysts for the quarter was for a
loss of 9 cents per share.
    * Revenue fell 12.5% to $13.81 million from a year ago; 
analysts
expected $13.69 million. 
    * Sequans Communications SA's reported EPS for the quarter
was a
loss of 21 cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Sequans Communications SA shares had fallen by 15.0% this
quarter.
    * The company reported a quarterly loss of $7.73 million.
    * Wall Street's median 12-month price target for Sequans
Communications SA is $11.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 8 at 01:15 p.m.
 ​All figures in US dollars unless otherwise stated