Sequans Communications (NYSE:SQNS) Issues Quarterly Earnings Results

Sequans Communications (NYSE:SQNS) released its quarterly earnings data on Tuesday. The semiconductor company reported ($0.10) EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.01, Zacks reports. Sequans Communications had a return on equity of 403.46% and a net margin of 138.26%. Sequans Communications updated its Q1 2025 guidance to EPS.

Sequans Communications Stock Performance

Sequans Communications stock remained flat at $2.58 during trading on Thursday. 15,627 shares of the company were exchanged, compared to its average volume of 133,866. Sequans Communications has a 12-month low of $0.85 and a 12-month high of $7.32. The company has a market cap of $64.47 million, a price-to-earnings ratio of 1.83 and a beta of 0.36. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.33 and a current ratio of 1.36. The business’s 50-day simple moving average is $3.15 and its 200-day simple moving average is $2.64.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Sequans Communications from a “sell” rating to a “hold” rating in a report on Tuesday, November 12th.

Sequans Communications Company Profile

Sequans Communications SA engages in the fabless designing, developing, and supplying of cellular semiconductor solutions for massive and broadband Internet of Things (IoT) markets in Taiwan, Korea, China, rest of Asia, Germany, the United States, and internationally. It offers baseband solutions for use in encoding and decoding data based on 4G and 5G protocols for wireless processing platform for a cellular device; RF transceivers used to transmit and receive wireless transmissions; highly integrated SoC solutions that combine various functions into a single die or package; and LTE modules.