Recap: Sequans Communications Q1 Earnings

Sequans Communications SQNS reported its Q1 earnings results on Tuesday, May 3, 2022 at 07:00 AM.

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

Sequans Communications beat estimated earnings by 63.64%, reporting an EPS of $-0.04 versus an estimate of $-0.11.

Revenue was up $1.57 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 0.23% drop in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.08	-0.19	-0.17	-0.21
EPS Actual	-0.09	-0.14	-0.15	-0.15
Revenue Estimate	13.69M	12.33M	13.56M	13.79M
Revenue Actual	13.81M	11.89M	12.86M	12.32M

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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