Sequans Communications Q2 2023 Earnings Report

Sequans Communications EPS Results

• Actual EPS: -$0.35
• Consensus EPS: -$0.43
• Beat/Miss: Beat by +$0.08
• One Year Ago EPS: N/A

Sequans Communications Revenue Results

• Actual Revenue: $9.16 million
• Expected Revenue: $10.00 million
• Beat/Miss: Missed by -$840.00 thousand
• YoY Revenue Growth: N/A

Sequans Communications Announcement Details

• Quarter: Q2 2023
• Date: 8/7/2023
• Time: N/A
• Conference Call Date: Monday, August 7, 2023
• Conference Call Time: 7:00AM ET

Sequans Communications (NYSE:SQNS) engages in the fabless designing, developing, and supplying of cellular semiconductor solutions for massive and broadband Internet of Things (IoT) markets in Taiwan, Korea, China, rest of Asia, Germany, the United States, and internationally. It offers baseband solutions for use in encoding and decoding data based on 4G and 5G protocols for wireless processing platform for a cellular device; RF transceivers used to transmit and receive wireless transmissions; highly integrated SoC solutions that combine various functions into a single die or package; and LTE modules. The company also provides software, including source code and tools to enable manufacturers to integrate their solutions into their devices; and design support services. The company serves OEMs and ODMs Customers, as well as 4G and 5G wireless carriers. Sequans Communications S.A. was incorporated in 2003 and is based in Paris, France.