Sequans Communications: Q3 Earnings Insights

Sequans Communications SQNS reported its Q3 earnings results on Wednesday, November 2, 2022 at 06:00 AM.

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

Sequans Communications beat estimated earnings by 150.0%, reporting an EPS of $0.01 versus an estimate of $-0.02.

Revenue was up $4.64 million from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 13.01% increase in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	-0.08	-0.11	-0.08	-0.19
EPS Actual	-0.02	-0.04	-0.09	-0.14
Revenue Estimate	14.43M	13.82M	13.69M	12.33M
Revenue Actual	14.22M	13.89M	13.81M	11.89M

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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