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

Sequans Communications SA

03/08/2021 16:27

* Sequans Communications SA  SQNS.N  reported a quarterly
adjusted loss of 15 cents​​ per share for the quarter ended in
June. The mean expectation of five analysts for the quarter was
for a loss of 17 cents per share.
* Revenue rose 5.1% to $12.86 million from a year ago;  analysts
expected $13.54 million. 
* Sequans Communications SA's reported EPS for the quarter was a
loss of 4 cents​.
* The mean earnings estimate of analysts was unchanged 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 9.8% this
quarter and lost 10.1% so far this year.
* The company reported a quarterly loss of $1.32 million.
* Wall Street's median 12-month price target for Sequans
Communications SA is $12.00 
* 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 August 3 at 03:27 p.m.  ​All
figures in US dollars unless otherwise stated