Shares of Sequans Communications (NYSE:SQNS) fell 2.5% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share rose 58.33% over the past year to ($0. See the article : Harvesting Energy From Radio Waves to Power Wearable Electronic Devices.15), which beat the estimate of ($0.21).
Revenue of $12,321,000 up by 40.46% year over year, which missed the estimate of $13,790,000.
Looking Ahead
Earnings guidance hasn’t been issued by the company for now. This may interest you : Sitting on a Cash Pile 9.0? The Signals are Flashing Bullish for this California Tech Company.
Revenue guidance hasn’t been issued by the company for now.
Details Of The Call
Date: Apr 27, 2021
Time: 08:00 AM
ET Webcast URL: http://public.viavid.com/player/index.php?id=144074
Technicals
52-week high: $9.57
52-week low: $3.87
Price action over last quarter: down 23. Read also : By Type, Application, Applications and Region. – LionLowdown.98%
Company Description
Sequans Communications SA designs develop and supply 4G LTE semiconductor solutions for wireless mobile broadband applications with a focus on the single-mode device market. Its solutions incorporate baseband processor and radio frequency, transceiver integrated circuits, along with its proprietary signal processing techniques, algorithms and software stacks. The company’s solutions serve as the core wireless broadband communications platform in devices, including smartphones, USB dongles, portable routers, laptops, netbooks, tablets, and other consumer multimedia & industrial devices. Its geographical segments are Taiwan, Korea, China (including Hong Kong), the Rest of Asia, the United States, and the Rest of the world.
