Quantenna Communications, Inc. designs, develops, and markets wireless communication solutions enabling wireless local area networking in the United States and internationally. The company's solutions portfolio comprises radio frequency chips and digital baseband chips, which support the IEEE Wi-Fi standards, including 802.11n, 802.11ac, and draft 802.11ax. It offers its products for home networking applications, including home gateways, repeaters, and set-top boxes, as well as retail, outdoor, small and medium business, enterprise, and consumer electronics applications. The company sells its Wi-Fi solutions directly to original equipment manufacturers and original design manufacturers; and third-party distributors. Quantenna Communications, Inc. was founded in 2005 and is headquartered in Fremont, California.
Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Phone669-209-5500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$176.36 million
Profitability
Miscellaneous
Employees410
OptionableOptionable
Quantenna Communications (NASDAQ:QTNA) Frequently Asked Questions
What is Quantenna Communications' stock symbol?
Quantenna Communications trades on the NASDAQ under the ticker symbol "QTNA."
How were Quantenna Communications' earnings last quarter?
Quantenna Communications Inc (NASDAQ:QTNA) released its quarterly earnings data on Monday, October, 29th. The technology company reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.15 by $0.02. The technology company earned $59.30 million during the quarter, compared to analyst estimates of $58.06 million. Quantenna Communications had a return on equity of 3.65% and a net margin of 17.07%. The business's quarterly revenue was up 18.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.14 earnings per share. View Quantenna Communications' Earnings History.
When is Quantenna Communications' next earnings date?
What guidance has Quantenna Communications issued on next quarter's earnings?
Quantenna Communications updated its fourth quarter earnings guidance on Monday, October, 29th. The company provided earnings per share (EPS) guidance of $0.18-$0.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.18. The company issued revenue guidance of $61-$63 million, compared to the consensus revenue estimate of $61.38 million.Quantenna Communications also updated its Q4 2018 guidance to $0.18-20.00 EPS.
What price target have analysts set for QTNA?
10 brokerages have issued 12-month price targets for Quantenna Communications' stock. Their forecasts range from $16.00 to $25.00. On average, they anticipate Quantenna Communications' stock price to reach $20.00 in the next year. This suggests a possible upside of 49.7% from the stock's current price. View Analyst Price Targets for Quantenna Communications.
What is the consensus analysts' recommendation for Quantenna Communications?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quantenna Communications in the last year. There are currently 1 sell rating, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Quantenna Communications.
What are Wall Street analysts saying about Quantenna Communications stock?
Here are some recent quotes from research analysts about Quantenna Communications stock:
- 1. According to Zacks Investment Research, "Quantenna Communications, Inc. designs, develops and markets wireless communication solutions. The Company offers wireless solutions for wi-fi routers and consumer electronics, an integrated single chip solution for video stream and multiple input and output chipsets. Quantenna Communications, Inc. is based in Fremont, United States. " (8/3/2018)
- 2. Needham & Company LLC analysts commented, "QTNA’s 4Q17 results and 1Q18 guidance were in line to slightly better than expected. We are encouraged that QTNA’s lead MSO has commenced the nationwide rollout of its DOCSIS 3.1 residential gateway platform featuring QTNA’s Wave 3 (10G) Wi-Fi chipset. We are also encouraged by the announcement that Canal + has recently commenced shipments of new STBs based on QTNA’s Wave 2 solution, which broadens the platform’s customer base. We continue to believe QTNA is the market leader in high performance Wi-Fi chipset solutions and is well positioned to benefit from increasing consumer demand for higher-bandwidth, more reliable Wi-Fi service. As such, we reiterate our Strong Buy rating and $20 price target. QTNA remains our top pick for 2018." (2/13/2018)
Has Quantenna Communications been receiving favorable news coverage?
News articles about QTNA stock have been trending somewhat negative on Sunday, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Quantenna Communications earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days.
Who are some of Quantenna Communications' key competitors?
Some companies that are related to Quantenna Communications include Power Integrations (POWI), Amkor Technology (AMKR), Acacia Communications (ACIA), BE Semiconductor Industrs (BESIY), Solaredge Technologies (SEDG), Diodes (DIOD), Inphi (IPHI), Kulicke and Soffa Industries (KLIC), Oclaro (OCLR), Tower Semiconductor (TSEM), OSI Systems (OSIS), Synaptics (SYNA), Silicon Motion Technology (SIMO), MaxLinear (MXL) and Ambarella (AMBA).
Who are Quantenna Communications' key executives?
Quantenna Communications' management team includes the folowing people:
- Dr. Sam Heidari, Chairman & CEO (Age 53)
- Mr. Sean Sobers, Chief Financial Officer (Age 50)
- Mr. David W. Carroll, Sr. VP of Worldwide Sales (Age 58)
- Mr. Farhat Jahangir, Sr. VP of Operations & Quality
- Mr. Vernon P. Essi Jr., Director of Investor Relations
When did Quantenna Communications IPO?
(QTNA) raised $100 million in an IPO on Friday, October 28th 2016. The company issued 6,700,000 shares at a price of $14.00-$16.00 per share. Morgan Stanley, Barclays and Deutsche Bank Securities acted as the underwriters for the IPO and Needham & Company, William Blair and Roth Capital Partners were co-managers.
Who are Quantenna Communications' major shareholders?
Quantenna Communications' stock is owned by a number of of institutional and retail investors. Top institutional investors include Sheets Smith Wealth Management (0.05%) and Meeder Asset Management Inc. (0.03%). Company insiders that own Quantenna Communications stock include David William Carroll, John Scull, Lionel Bonnot, Lip Bu Tan, Sam Heidari, Sc Xi Management Llc and Sean Sobers. View Institutional Ownership Trends for Quantenna Communications.
Which major investors are buying Quantenna Communications stock?
How do I buy shares of Quantenna Communications?
Shares of QTNA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Quantenna Communications' stock price today?
One share of QTNA stock can currently be purchased for approximately $13.36.
How big of a company is Quantenna Communications?
Quantenna Communications has a market capitalization of $499.60 million and generates $176.36 million in revenue each year. The technology company earns $34.41 million in net income (profit) each year or ($0.02) on an earnings per share basis. Quantenna Communications employs 410 workers across the globe.
What is Quantenna Communications' official website?
How can I contact Quantenna Communications?
Quantenna Communications' mailing address is 1704 AUTOMATION PARKWAY, SAN JOSE CA, 95131. The technology company can be reached via phone at 669-209-5500 or via email at [email protected]
MarketBeat Community Rating for Quantenna Communications (NASDAQ QTNA)
MarketBeat's community ratings are surveys of what our community members think about Quantenna Communications and other stocks. Vote "Outperform" if you believe QTNA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QTNA will underperform the S&P 500 over the long term. You may vote once every thirty days.
