Sequans Communications Announces Third Quarter 2020 Financial Results

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Go back to Sequans Communications Announces Third Quarter 2020 Financial Results

Sequans Communications (SQNS) Misses Q3 EPS by 6c, Revenues Beat

October 27, 2020 6:14 AM EDT

Sequans Communications (NYSE: SQNS) reported Q3 EPS of ($0.28), $0.06 worse than the analyst estimate of ($0.22). Revenue for the quarter came in at $14.1 million versus the consensus estimate of $13.59 million.

Revenue in Q3 grew 15.5%, well above our target," said Georges Karam, CEO of Sequans. "During the quarter, supply chain issues eased, enabling us to... More