Sequans Communications (SQNS) Expected to Announce Earnings on Thursday

Sequans Communications (NYSE:SQNS) is expected to be announcing its earnings results on Thursday, March 6th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. Sequans Communications has set its Q1 2025 guidance at EPS.

Sequans Communications (NYSE:SQNS) last released its quarterly earnings data on Tuesday, February 11th. The semiconductor company reported ($0.10) EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.01. Sequans Communications had a return on equity of 186.78% and a net margin of 154.81%. On average, analysts expect Sequans Communications to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Sequans Communications Price Performance

Shares of NYSE:SQNS opened at $2.24 on Wednesday. The stock has a 50-day simple moving average of $3.01 and a 200-day simple moving average of $2.75. The stock has a market capitalization of $56.32 million, a P/E ratio of 1.12 and a beta of 0.36. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.13 and a current ratio of 2.21. Sequans Communications has a 1 year low of $0.85 and a 1 year high of $4.28.

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.

About Sequans Communications

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.