Sequans Communications

Sequans Communications SA engages in the design, development, and supply of cellular semiconductor solutions for the broadband and Internet of Things (IoT) markets. The firm offers 5G and 4G chips and modules for non-smartphone devices. Its products and solutions include chips, modules, development kits, and custom technology solutions. The company was founded by Georges Karam and Bertrand Debray in September 2003 and is headquartered in Colombes, France.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Sequans Communications reports solid Q4 performance and eyes growth opportunities

Sequans Communications showcased strong financials, highlighted by revenue growth, strategic partnerships, and product innovation. While facing challenges such as net losses, the company is optimistic about future prospects, with a focus on expanding revenue streams and closing new deals. By exploring new licensing opportunities and targeting key markets, Sequans aims to drive growth and shareholder value.

Sequans Communications reports record margins and strategic growth initiatives

Sequans Communications shows strong performance with record gross margin and a growing pipeline.
While facing challenges in certain segments, the company is strategically positioning for future growth.
Opportunities lie in 5G technology advancements and securing additional funding for expansion.
Overall, Sequans Communications is focused on innovation and revenue growth amidst industry challenges.

Sequans Communications reports Q4 revenue growth, eyes strategic partnerships

Sequans Communications faced revenue challenges in 2023 but maintained strong gross margins.
Strategic product launches and new funding sources provide growth opportunities.
Transitioning to chipset sales and securing partnerships are key focus areas for future success.
Despite revenue decline, the company is optimistic about sequential growth in 2024.

Sequans sells 4G IoT Tech to Qualcomm, focuses on 5G growth

Sequans' strategic sale of 4G IoT Technology to Qualcomm fortifies its financial position and technology focus on 5G solutions
Q2 performance highlights steady revenue and key achievements, setting the stage for future growth and market expansion
Challenges lie in managing post-sale transitions, sustaining market competitiveness, and balancing tech investments with financial stability
Opportunities abound in the growing market demand for advanced IoT solutions and strategic partnerships

Sequans Communications sold its 4G IoT Technology to Qualcomm for $200 million, focusing on 5G assets and technologies for future growth.
Q2 2024 revenue was $9.7 million, with flat product revenue and service revenue driven by key agreements and certifications.
The company aims to repay debts, enhance customer support, accelerate technology development, and pursue market expansion with 5G solutions.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Sequans Communications SA engages in the design, development, and supply of cellular semiconductor solutions for the broadband and internet of things markets. The firm offers 5G and 4G chips and modules for non-smartphone devices. It operates through the following geographical segments: Asia, China, Taiwan, Korea, Rest of Asia, Germany, United States of America, and Rest of the World. The company was founded by Georges M. Karam and Bertrand Debray in September 2003 and is headquartered in Colombes, France.

Sequans Communications S.A. (NYSE:SQNS ) Q1 2022 Earnings Conference Call May 3, 2022 8:00 AM ET Company Participants Georges Karam - President and Chief Executive Officer Deborah Choate - Chief Financial Officer Kim Rogers - Investor Relations Conference Call Participants Scott Searle - ROTH Capital Partners, LLC Michael Walkley - Canaccord Genuity, Inc. Craig Ellis - B.

Sequans Communications S.A. (SQNS) CEO Georges Karam on Q1 2022 Results - Earnings Call Transcript

PARIS , May 3, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G solutions for IoT devices, today announced financial results for the first quarter ended March 31, 2022.

Sequans Communications Announces First Quarter 2022 Financial Results

PARIS , April 19, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), leading developer and provider of 5G and 4G solutions for broadband, critical, and massive IoT, announced today that Georges Karam, CEO and Deborah Choate, CFO, will participate in the B.

Sequans to Participate in the B. Riley 22nd Annual Institutional Investor Conference on May 26, 2022

PARIS, April 7, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS) announced that Infrafon is using its Monarch cellular IoT technology to connect its award-winning Infrafon CC1 Smart Badge, an intelligent name tag introduced earlier this year at Mobile World Congress.

Infrafon Smart Badge Connected by Sequans' Monarch Technology

PARIS, April 5, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS) announced the appointment of Louis (Ping Lin) Chuang to the position of EVP and GM of Sequans Massive IoT business unit.

Louis Chuang Named EVP of Sequans Massive IoT Business Unit

PARIS , April 1, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS) today announced that the underwriters of its previously announced public offering American Depositary Shares (ADS) have fully exercised their option to purchase up to 1,000,000 additional ADS, representing 4,000,000 ordinary shares.

Sequans Communications S.A. Announces Exercise and Closing of Over-Allotment Option

PARIS, March 31, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), leading developer and provider of 5G and 4G solutions for broadband and massive IoT, announced today that its Annual Report on Form 20-F for the year ended December 31, 2021 has been filed with the Securities and Exchange Commission ("SEC") and is available on the Company's website www.sequans.com in the Investors section under Financial Information and SEC Filings, as well as from the SEC's website www.sec.gov.

Sequans Announces Filing and Availability of 2021 Annual Report on Form 20-F

Tuesday, May 3, 2022, at 8:00 a.m. ET PARIS , March 31, 2022 /PRNewswire/ -- Sequans Communications S.A.

Sequans Announces Conference Call to Review First Quarter 2022 Results

PARIS, March 11, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), (the "Company" or "Sequans"), a leading developer and provider of 5G and 4G chips and modules for IoT devices, today announced the pricing of an underwritten public offering of 6,666,667 American Depositary Shares (the "ADSs"), representing 26,666,668 ordinary shares, at a price of $3.00 per ADS, in an underwritten public offering under an effective shelf registration statement filed with the Securities and Exchange Commission (the "SEC").

Sequans Communications S.A. Announces Pricing of Underwritten Public Offering of American Depositary Shares

PARIS, March 10, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS) (the "Company" or "Sequans"), a leading developer and provider of 5G and 4G chips and modules for IoT devices, today announced the launch of an underwritten public offering of American Depositary Shares representing its ordinary shares.

Sequans Communications S.A. Announces Launch of Public Offering of American Depositary Shares

PARIS, Feb. 28, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS) announced that its Monarch 2 LTE-M/NB-IoT GM02S module, based on the Monarch 2 (SQN3430) chip, has been certified by Deutsche Telekom.

Sequans' Monarch 2 GM02S Module Certified by Deutsche Telekom

PARIS and BOSTON, Feb. 24, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), leading provider of cellular IoT chips and modules, and MicroEJ, leading provider of standard software containers for IoT, announced a collaboration whereby the standard software Edge container, MICROEJ VEE, has been ported to Sequans' Monarch 2 platform, bringing significant benefits to Sequans' IoT customers.

Sequans Integrates MicroEJ Edge Container on its Monarch 2 LTE-M/NB-IoT Platform

PARIS, Feb. 22, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), leading developer and provider of 5G and 4G solutions for broadband, critical, and massive IoT, announced today that Georges Karam, CEO and Deborah Choate, CFO, will participate in the 34th Annual Roth Conference to be held the Ritz Carlton, Laguna Beach located in Dana Point, California on March 13 – 15, 2022.

Sequans to Participate in the 34th Annual Roth Conference

Sequans Communications S.A. (SQNS) CEO Georges Karam on Q4 2021 Results - Earnings Call Transcript

PARIS, Feb. 8, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G solutions for IoT devices, today announced financial results for the fourth quarter and full year ended December 31, 2021.

Sequans Communications Announces Fourth Quarter and Full Year 2021 Financial Results

PARIS, Jan. 5, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), a leading provider of cellular IoT chips and modules, announced today an expansion of its existing 4G/5G licensing agreements with Renesas Electronics Corporation (TSE:6723, "Renesas"), a premier supplier of advanced semiconductor solutions, granting special rights to Renesas that strengthen the go-to-market opportunities for Sequans' LTE-M/NB-IoT Monarch 2 and Taurus 5G platforms.

Sequans to Expand 4G and 5G Partnership with Renesas

PARIS, Jan. 4, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS) announced that Ubiik, a leading global Industrial IoT solutions provider with a proven track record in large scale deployments, is using its Monarch 2 GM02S LTE-M/NB-IoT module as a new connectivity solution in Ubiik's rapidly expanding AMI (advanced metering infrastructure) network.

Ubiik Selects Sequans Monarch 2 GM02S Module for Taiwan Power Company's Advanced Metering Infrastructure Deployment

PARIS, Dec. 31, 2021 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G chips and modules, will release its financial results for the fourth quarter and full year 2021 on Tuesday, February 8, 2022 during pre-market hours.

Sequans Announces Conference Call To Review Fourth Quarter And Full Year 2021 Results

TEL AVIV, Israel, Dec. 22, 2021 /PRNewswire/ -- Monogoto , the cloud-based global cellular connectivity provider, is pleased to welcome CBRSense™ into its network. CBRSense™ is the first multi-purpose low-power IoT sensor that communicates over private networks.

Monogoto Welcomes CBRSense™ IoT Sensor to its CBRS Network

PARIS, Dec. 21, 2021 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), a leading provider of cellular IoT chips and modules for massive and broadband IoT, announced that LTE band 65 support is now available on its Cassiopeia LTE-Advanced platform.

Sequans in Collaboration with EchoStar Mobile Adds Support for LTE Band 65 to its Cassiopeia LTE-Advanced Platform

PARIS, Dec. 15, 2021 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS) today announced availability of a new series of Cat 1 IoT modules based on its second generation, LTE Cat 1bis chip, Calliope 2.

Sequans Introduces New 4G/5G Cellular IoT Modules Based on its Second-Generation Cat 1 Calliope 2 Chip

PARIS, Dec. 13, 2021 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS) announced successful completion of interoperability testing of its Monarch 2 GM02S module with NTT DOCOMO, INC.

Sequans' Monarch 2 GM02S Module Successfully Completes Interoperability Testing for Use in Japan by NTT DOCOMO and KDDI

PARIS, Dec. 9, 2021 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), leading global provider of 5G/4G cellular IoT connectivity solutions, today announced the availability of low-power GNSS positioning capability on its Monarch 2 LTE-M/NB-IoT platform.

Sequans Introduces Low Power GNSS Positioning Technology on its Monarch 2 LTE-M/NB-IoT Platform

PARIS, Dec. 6, 2021 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), leading provider of cellular IoT connectivity solutions, announced that the industry's first GSMA-compliant integrated SIM (iUICC) is now Common Criteria certified and available on its second generation LTE-M/NB-IoT chip, Monarch 2.

Sequans Delivers Industry's First Common Criteria EAL5+ Certified Cellular IoT Platform

PARIS, Dec. 6, 2021 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), leading developer and provider of 5G and 4G solutions for broadband, critical, and massive IoT, announced today Georges Karam, CEO and Deborah Choate, CFO, will participate in the Needham 24th Annual Growth Conference being held virtually January 10-14, 2022.

News for Sequans Communications Stock (SQNS)