Sequans Communications (NYSE:SQNS - Get Free Report) is set to announce its earnings results before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of ($0.45) per share for the quarter.
Sequans Communications (NYSE:SQNS - Get Free Report) last posted its earnings results on Friday, August 23rd. The semiconductor company reported ($0.30) earnings per share for the quarter, meeting the consensus estimate of ($0.30). The firm had revenue of $9.68 million during the quarter, compared to analyst estimates of $9.70 million. On average, analysts expect Sequans Communications to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Sequans Communications Trading Up 0.4 %
Shares of NYSE:SQNS traded up $0.01 during midday trading on Tuesday, hitting $2.35. 77,771 shares of the stock were exchanged, compared to its average volume of 291,431. Sequans Communications has a twelve month low of $0.85 and a twelve month high of $7.43. The company has a 50 day moving average price of $2.49 and a 200-day moving average price of $1.76. The stock has a market cap of $58.44 million, a P/E ratio of -1.47 and a beta of 0.25.
Analyst Ratings Changes
Several research firms have recently commented on SQNS. Roth Mkm reiterated a "buy" rating and issued a $7.50 price target on shares of Sequans Communications in a research report on Monday, August 26th. StockNews.com started coverage on shares of Sequans Communications in a research note on Tuesday, October 8th. They issued a "sell" rating for the company.
Check Out Our Latest Report on SQNS
About Sequans Communications
(
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Sequans Communications SA engages in the fabless designing, developing, and supplying of cellular semiconductor solutions for massive and broadband Internet of Things (IoT) markets in Taiwan, Korea, China, rest of Asia, Germany, the United States, and internationally. It offers baseband solutions for use in encoding and decoding data based on 4G and 5G protocols for wireless processing platform for a cellular device; RF transceivers used to transmit and receive wireless transmissions; highly integrated SoC solutions that combine various functions into a single die or package; and LTE modules.
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