Verizon, Sequans Announce LTE CAT M Chipset Acceleration for IoT
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February 8, 2016 7:05 AM EST
Needham & Company reiterated a Buy rating on Sequans Communications (NYSE: SQNS), and raised the price target to $3.20 (from $2.50), following the company's 4Q earnings report. Sequans reported 4Q15 revenue and EPS of $11.0MM and ($0.07) that modestly exceeded Needhams $10.5MM and ($0.07) estimates. Management provided 1Q16 guidance in line with Needham's model, and reiterated its outlook... More
February 4, 2016 8:16 AM EST
Sequans Communications (NYSE: SQNS) reported Q4 EPS of ($0.07), $0.01 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $11 million versus the consensus estimate of $10.93 million.
GUIDANCE:
Sequans Communications sees Q1 2016 EPS of ($0.10)-($0.08), versus the consensus of ($0.07).... More
