Recap: Sequans Communications Q4 Earnings

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Sequans Communications SQNS reported its Q4 earnings results on Thursday, March 7, 2024 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Sequans Communications missed estimated earnings by -53.0%, reporting an EPS of $-0.23 versus an estimate of $-0.15.

Revenue was down $11.14 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 0.0% increase in the share price the next day.

Here's a look at Sequans Communications's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.09 -0.13 -0.11 -0.04
EPS Actual -0.12 -0.10 -0.09 -0.06
Revenue Estimate 11.55M 10.00M 12.02M 16.25M
Revenue Actual 7.79M 9.16M 11.90M 15.91M

To track all earnings releases for Sequans Communications visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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