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

Sequans Communications SA

14/02/2023 14:32

* Sequans Communications SA  SQNS.N  reported a quarterly
adjusted
loss of 6 cents​​ per share for the quarter ended in December.
The mean expectation of four analysts for the quarter was for a
loss of 4 cents per share.
    * Revenue rose 15.2% to $15.91 million from a year ago;
analysts
expected $16.25 million. 
    * Sequans Communications SA's reported EPS for the quarter
was a
loss of 10 cents​.
    * The mean earnings estimate of analysts had fallen by
about 44%
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 8.7% this
quarter.
    * The company reported a quarterly loss of $4.96 million.
    * Wall Street's median 12-month price target for Sequans
Communications SA is $7.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
14 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.04          -0.06          Missed
 Sep. 30 2022      -0.02          0.01           Beat
 Jun. 30 2022      -0.08          -0.02          Beat
 Mar. 31 2022      -0.12          -0.04          Beat