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

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. SPY
9. XYZ
10. FISV

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

Sequans Communications Announces Third Quarter 2020 Financial Results

October 27, 2020 6:00 AM EDT

PARIS--(BUSINESS WIRE)-- Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G chips and modules, today announced financial results for the third quarter ended September 30, 2020.

Third Quarter 2020 Highlights:

Revenue: Revenue was $14.1 million, an increase of 15.5% compared to the second quarter of 2020 and an increase of 116.6% compared to the third quarter of 2019.

Gross margin: Gross margin was 42.0% compared to 48.3% in the second quarter of 2020, and compared to 30.3% in the third quarter of 2019.

Operating loss: Operating loss was $5.9 million compared to... More