Recap: Sequans Communications Q1 Earnings

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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.

Earnings

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.

Past Earnings Performance

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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