Sequans Communications Announces Second Quarter 2018 Financial Results
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Sequans Communications (SQNS) Reports In-Line Q2 EPS, Revenues Miss; Offers 3Q Outlook
July 31, 2018 6:09 AM EDTSequans Communications (NYSE: SQNS) reported Q2 EPS of ($0.07), in-line with the analyst estimate of ($0.07). Revenue for the quarter came in at $12.7 million versus the consensus estimate of $13.49 million.
Overall momentum in our IoT business is very strong, with IoT revenue in the first half of 2018 more than double the first half of 2017, and we continue to add new projects and customers and to expand our engagements with various carriers for both LTE-M and NB-IoT in... More
