Sequans Communications (SQNS) Misses Q4 EPS by 2c, Revenues Miss
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Sequans Communications Announces Preliminary Fourth Quarter 2018 and Full Year 2018 Financial Results
February 19, 2019 6:00 AM ESTFinalized agreement for $8.4 million strategic investment to accelerate 5G roadmap
PARIS--(BUSINESS WIRE)-- 4G chipmaker Sequans Communications S.A. (NYSE: SQNS) today announced preliminary financial results for the fourth quarter ended December31, 2018.
Fourth Quarter and Fiscal Year 2018 Highlights:
Revenue: Revenue was $6.1 million, a decrease of 41.0% compared to the third quarter of 2018, and a decrease of 46.3% compared to the fourth quarter of 2017, reflecting the need to work down channel inventory resulting from a weaker-than-expected broadband business and customer project delays. Revenue from IoT grew 70% in... More
