|Bid||5.65 x 1000|
|Ask||5.78 x 1200|
|Day's Range||5.71 - 5.90|
|52 Week Range||3.87 - 9.57|
|Beta (5Y Monthly)||0.81|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Sequans Communications S.A. (SQNS) is based in Paris, France, and develops, designs, and supplies 5G and 4G modules and chips for massive, broadband, and critical Internet of Things (IoT) markets that are "fully optimized for non-smartphone devices.” The company’s product portfolio consists of integrated circuits (IC) of baseband processors and radio frequency (RF) transceivers, machine-to-machine (M2M) modules that incorporate these ICs along with radio front-end subsystems, and software. First
Sequans (SQNS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
This morning, Sequans reported its fiscal first-quarter 2021 earnings -- or more precisely, its Q1 2021 losses. Instead of the $13.8 million in sales that analysts had projected, Sequans collected only $12.3 million, and instead of the $0.21 per American depositary share (ADS) that analysts predicted, Sequans lost $0.33 per ADS. Sequans' sales climbed 40% year over year despite the miss but were down 22% sequentially, suggesting that growth may be stalling.