Sequans Communications (NYSE:SQNS) Releases Quarterly Earnings Results

Sequans Communications (NYSE:SQNS) announced its earnings results on Tuesday. The semiconductor company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate 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

Shares of SQNS stock opened at $2.71 on Wednesday. The business’s fifty day simple moving average is $3.17 and its 200-day simple moving average is $2.64. The company has a market cap of $67.72 million, a PE ratio of 1.92 and a beta of 0.36. The company has a current ratio of 1.36, a quick ratio of 1.33 and a debt-to-equity ratio of 0.01. Sequans Communications has a 12-month low of $0.85 and a 12-month high of $7.32.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded 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.