Sequans Communications S.A. (SQNS)

Apple??? For smartwatch connection??
That would be huge.
Also with Huwai (spelling?0
$5.50 price target

It appear like they will need at least $30M per quarter to just breakeven. And if the margins fall to 40%, then that only leaves $12M to cover other costs. I wish they would come out and say exactly when profits are projected to happen. That is the biggest reason why the stock price fell to where it is. It was because of the lousy next qtr projections on margins. If rev's go up and margins go down then whats the point?? The company simply can't stay in business with that kind of business model. I think they have great products but it seems like it just took too long to gain traction. Now the market has other choices, and that is why there is pricing pressure, and that is why margins are going down. Not good if you are already losing money.

If you think about it, most of the losses each quarter for the past 4 years is the cost of R&D. About $5 or $6M each quarter. Now I would think that if you spend that much on R&D that they must've had some inkling that the return on that investment would be more than enough to offset that cost.
However, it now seems like there is pricing pressure which will put a drag on breakeven timeline, now looks to be next year. So here we go again. I could swear breakeven was suppose to happen in the Fall of 2016, now it's not even the Fall of 2017.
So another, I am guessing here, another $5M loss next qtr, suffice to say another $5M loss the quarter after that. So again, I ask, someone didn't do their homework when they put up all that money for R&D and this is the best they can do?