Sequans Communications (NYSE:SQNS) Announces Earnings Results, Beats Expectations By $0.01 EPS

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

Sequans Communications Trading Down 4.7 %

Shares of NYSE SQNS opened at $2.99 on Tuesday. Sequans Communications has a fifty-two week low of $0.85 and a fifty-two week high of $7.32. 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 company has a market cap of $74.80 million, a price-to-earnings ratio of 2.12 and a beta of 0.36. The business’s 50 day moving average price is $3.18 and its 200-day moving average price is $2.63.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Sequans Communications from a “sell” rating to a “hold” rating in a research note 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.