Sequans Communications (NYSE:SQNS) Issues Earnings Results

Sequans Communications (NYSE:SQNS) issued its quarterly earnings results 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

NYSE SQNS opened at $2.71 on Wednesday. The stock has a 50-day simple moving average of $3.17 and a two-hundred day simple moving average of $2.64. The firm has a market capitalization of $67.72 million, a P/E ratio of 1.92 and a beta of 0.36. 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.

Wall Street Analyst Weigh In

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