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

Sequans Communications SA

03/11/2021 11:22

* Sequans Communications SA  SQNS.N  reported a quarterly
adjusted loss of 14 cents​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for a loss of 19 cents per share.
* Revenue fell 15.8% to $11.89 million from a year ago; 
analysts expected $12.25 million. 
* Sequans Communications SA's reported EPS for the quarter was 1
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 risen by 16.9% this
quarter and lost 15.1% so far this year.
* The company reported quarterly net income of $192 thousand.
* 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 November 3 at 11:21 a.m.
 ​All figures in US dollars unless otherwise stated