Sequans Introduces Monarch 2: The Second Generation of the World’s Most Advanced LTE for IoT Chip Platform

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Sequans Communications (SQNS) PT Lowered to $2 at Baird

February 20, 2019 8:55 AM EST

Baird analyst Tristan Gerra lowered the price target on Sequans Communications (NYSE: SQNS) to $2.00 (from $3.00) while maintaining a Outperform rating following 4Q. Pro forma EPS was ($0.10), somewhat below guidance of similar to 3Q EPS of ($0.08). Revenue of $6.1 million was down 41% sequentially and below guidance of... More