Sequans Communications Announces First Quarter 2019 Financial Results

Go back to Sequans Communications Announces First Quarter 2019 Financial Results

Sequans Communications (SQNS) Reports In-Line Q1 EPS. Revenues Miss

May 9, 2019 6:13 AM EDT

Sequans Communications (NYSE: SQNS) reported Q1 EPS of ($0.08), in-line with the analyst estimate of ($0.08). Revenue for the quarter came in at $7 million versus the consensus estimate of $8.17 million.

We are pleased to see the broadband business improving, the Cat 1 business growing nicely, and momentum continuing to build in the Cat M/NB business as expected during the first... More