COLOMBES, France (AP) _ Sequans Communications SA (SQNS) on Tuesday reported a loss of $10.2 million in its fourth quarter.
The Colombes, France-based company said it had a loss of 11 cents per share. Losses, adjusted for non-recurring costs and stock option expense, were 10 cents per share.
The chip company posted revenue of $6.1 million in the period.
For the year, the company reported that its loss widened to $36.9 million, or 39 cents per share. Revenue was reported as $40.3 million.
The company's shares closed at 99 cents. A year ago, they were trading at $1.60.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SQNS at https://www.zacks.com/ap/SQNS