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

Sequans Communications SA

02/11/2022 13:33

* Sequans Communications SA  SQNS.N  reported quarterly
adjusted
earnings of 1 cent​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for a loss of 2 cents per share.
    * Revenue rose 39% to $16.53 million from a year ago;
analysts
expected $15.70 million. 
    * Sequans Communications SA's reported EPS for the quarter
was a
loss of 6 cents​.
    * The mean earnings estimate of analysts had risen by
about 79.9%
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 6.4% this
quarter and lost 19.8% so far this year.
    * The company reported a quarterly loss of $2.87 million.
    * Wall Street's median 12-month price target for Sequans
Communications SA is $10.00 
    * 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 November
2 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      -0.09          -0.09          Met