Sequans Communications S.A. (NYSE:SQNS) is expected to report second quarter earnings results, before market open, on Tuesday 28th July 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.24 per share from revenue of $ 12.00 million.
Looking ahead, the full year loss are expected at $ 0.96 per share on the revenues of $ 50.55 million.
Previous Quarter Performance
Sequans Communications S.A. disclosed loss for the first quarter of $ 0.36 per share, from the revenue of $ 8.77 million. Wall street analysts are predicting, SQNS to report 1Q20 loss of $ 0.37 per share from revenue of $ 8.76 million. The bottom line results beat street analysts by $ 0.01 or 2.70 percent, at the same time, top line results outshined analysts by $ 0.01 million or 0.11 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of SQNS was $ 7.11, representing a 323.21 % increase from the 52 week low of $ 1.68 and a 14.23 % decrease over the 52 week high of $ 8.29.
The company has a market capital of $ 213.00 million and is part of the Technology sector and Semiconductors industry.
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Conference Call
Sequans Communications S.A. will be hosting a conference call at 8:00 AM eastern time on 28th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.sequans.com
Sequans Communications S.A., together with its subsidiaries, engages in fabless designing, developing, and supplying 4G LTE semiconductor solutions for wireless broadband and Internet of Things applications. Its solutions incorporate baseband processor and radio frequency (RF) transceiver integrated circuits along with proprietary signal processing techniques, algorithms, and software stacks. The company offers baseband solutions used to encode and decode data based on 4G protocols that serve as the wireless processing platform for a 4G device; RF transceivers used to transmit and receive wireless transmissions; and system-on-chip solutions that integrate the baseband and RF transceiver functions.
