Recap: Sequans Communications Q4 Earnings

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.

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.

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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