Sequans Communications S.A. (SQNS)

NYSE: SQNS · IEX Real-Time Price · USD
0.520
+0.003 (0.56%)
Jul 2, 2024, 4:00 PM EDT - Market closed
0.56%
Market Cap 32.16M
Revenue (ttm) 27.74M
Net Income (ttm) -47.79M
Shares Out 61.85M
EPS (ttm) -0.81
PE Ratio n/a
Forward PE 22.52
Dividend n/a
Ex-Dividend Date n/a
Volume 27,691
Open 0.467
Previous Close 0.517
Day's Range 0.467 - 0.543
52-Week Range 0.340 - 2.970
Beta 0.20
Analysts Buy
Price Target 3.00 (+476.92%)
Earnings Date Aug 6, 2024

About SQNS

Sequans Communications S.A. engages in the fabless designing, developing, and supplying of cellular semiconductor solutions for massive and broadband internet of things 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 system-on-chip solutions that combine various ... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Apr 15, 2011
Employees 264
Stock Exchange NYSE
Ticker Symbol SQNS
Full Company Profile

Financial Performance

In 2023, SQNS's revenue was $33.62 million, a decrease of -44.48% compared to the previous year's $60.55 million. Losses were -$40.99 million, 355.0% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for SQNS stock is "Buy" and the 12-month stock price forecast is $3.0.

Price Target
$3.0
(476.92% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sequans Provides Key Business Updates

Advances on Key Business Initiatives. Reports First Quarter 2024 Summary Financial Results.

14 days ago - Newsfile Corp

Sequans Announces a New $15 Million Licensing Agreement

Reinforcing Licensing Business Strategy Paris, France--(Newsfile Corp. - June 18, 2024) - Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G semiconductors and modules...

14 days ago - Newsfile Corp

Itron Selects Sequans Monarch 2 To Connect Next Generation Intelis wSource Water Meters

Ultra-low power consumption of Monarch 2 improves Itron's operational efficiency in smart water solutions Paris, France--(Newsfile Corp. - June 11, 2024) - Sequans Communications S.A. (NYSE: SQNS) ann...

21 days ago - Newsfile Corp

Sequans Cassiopeia CA410 Module Awarded Industry Certification and Completes Successful Utility Field Testing

First-of-its-kind module supports both public and private utilities networks Paris, France--(Newsfile Corp. - May 20, 2024) - Sequans Communications, S.A. (NYSE: SQNS), leader in 4G/5G cellular IoT ch...

6 weeks ago - Newsfile Corp

Sequans Announces Filing and Availability of 2023 Annual Report on Form 20-F

Paris, France--(Newsfile Corp. - May 15, 2024) - Sequans Communications S.A. (NYSE: SQNS), leading developer and provider of 5G and 4G solutions for broadband and massive IoT, announced today that its...

6 weeks ago - Newsfile Corp

Sequans Receives Notice of Non-Compliance with NYSE Trading Share Price and Market Capitalization Listing Rules

Paris, France--(Newsfile Corp. - May 9, 2024) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans") (the "Company"), a leading developer and provider of 5G/4G solutions for IoT devices, today announc...

7 weeks ago - Newsfile Corp

Abeeway Selects Sequans Low Power LTE-M/NB-IoT Cellular IoT Connectivity for Critical Asset Tracking

Paris, France--(Newsfile Corp. - April 23, 2024) - Sequans Communications, S.A. (NYSE: SQNS), leader in 4G/5G cellular IoT chips and modules, announced that Abeeway, a subsidiary of Actility, global l...

2 months ago - Newsfile Corp

Sequans Calliope 2: First Cat 1bis Module Approved by AT&T

Approval extends to FirstNet, built with AT&T Paris, France--(Newsfile Corp. - April 18, 2024) - Sequans Communications, S.A. (NYSE: SQNS), leader in 4G/5G cellular IoT chips and modules, announced th...

2 months ago - Newsfile Corp

Sequans Secures Standstill Agreements on Existing Debt Maturities

Paris, France--(Newsfile Corp. - April 9, 2024) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans") (the "Company"), a leading developer and provider of 5G/4G solutions for IoT devices, issued a st...

3 months ago - Newsfile Corp

Sequans to Showcase its Cellular IoT Solutions at Embedded World 2024

Including LTE-M/NB-IoT, Cat 1bis, 5G NR, RedCap, and eRedCap Paris, France--(Newsfile Corp. - March 26, 2024) - Sequans Communications, S.A. (NYSE: SQNS), leader in 4G/5G cellular IoT connectivity sol...

3 months ago - Newsfile Corp

Sequans Secures 5G eRedCap Semiconductor Development with Financing from the France 2030 Investment Plan

Paris, France--(Newsfile Corp. - March 18, 2024) - Sequans Communications, S.A. (NYSE: SQNS), a leading cellular IoT chipmaker, announces that it has been granted financing of 10.9 million EUR from th...

3 months ago - Newsfile Corp

Sequans Communications Announces Preliminary Fourth Quarter and Full Year 2023 Financial Results

Paris, France--(Newsfile Corp. - March 7, 2024) - Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G solutions for IoT devices, today announced preliminary financial r...

4 months ago - Newsfile Corp

Sequans Provides Statement on Renesas Termination of MOU and Announces Conference Call to Review Fourth Quarter and Full Year 2023 Results and Outlook for Full Year 2024

Paris, France--(Newsfile Corp. - February 26, 2024) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans") (the "Company"), a leading developer and provider of 5G/4G solutions for IoT devices, today p...

4 months ago - Newsfile Corp

Sequans at Mobile World Congress 2024

New products include 5G NR and 5G RedCap Paris, France--(Newsfile Corp. - February 23, 2024) - Sequans Communications (NYSE: SQNS), leader in 4G/5G cellular IoT connectivity solutions, will be showcas...

4 months ago - Newsfile Corp

Renesas Announces Termination of Memorandum of Understanding and Tender Offer for Proposed Acquisition of Sequans

TOKYO--(BUSINESS WIRE)-- #Renesas--Renesas has terminated the previously announced Memorandum of Understanding between Renesas and Sequans Communications S.A. (NYSE: SQNS, “Sequans”).

4 months ago - Business Wire

Renesas Extends Tender Offer for Proposed Acquisition of Sequans

Shareholders to Receive U.S. $0.7575 per Ordinary Share and U.S. $3.03 per ADS in cash Tokyo, Japan and Paris, France--(Newsfile Corp. - February 20, 2024) - Renesas Electronics Corporation (TSE: 6723...

4 months ago - Newsfile Corp

Renesas Extends Tender Offer and Receives Taiwan Merger Control Approval for Proposed Acquisition of Sequans

Shareholders to Receive U.S. $0.7575 per Ordinary Share and U.S. $3.03 per ADS in cash Tokyo, Japan and Paris, France--(Newsfile Corp. - December 5, 2023) - Renesas Electronics Corporation (TSE: 6723)...

7 months ago - Newsfile Corp

Renesas Extends Tender Offer and Receives UK NSIA Clearance for Proposed Acquisition of Sequans

Shareholders to Receive U.S. $0.7575 per Ordinary Share and U.S. $3.03 per ADS in cash Tokyo, Japan and Paris, France--(Newsfile Corp. - November 6, 2023) - Renesas Electronics Corporation (TSE: 6723)...

8 months ago - Newsfile Corp

Sequans Communications Announces Third Quarter 2023 Financial Results

Paris, France--(Newsfile Corp. - November 2, 2023) - Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G solutions for IoT devices, today announced financial results fo...

8 months ago - Newsfile Corp

Renesas Extends Tender Offer and Receives CFIUS Clearance for Proposed Acquisition of Sequans

Shareholders to Receive U.S. $0.7575 per Ordinary Share and U.S. $3.03 per ADS in cash Tokyo, Japan and Paris, France--(Newsfile Corp. - October 5, 2023) - Renesas Electronics Corporation (TSE: 6723) ...

9 months ago - Newsfile Corp

Renesas Commences Tender Offer for All Outstanding Shares and ADSs of Sequans

Shareholders to Receive U.S. $0.7575 per Ordinary Share and U.S. $3.03 per ADS in cash Tokyo, Japan and Paris, France--(Newsfile Corp. - September 11, 2023) - Renesas Electronics Corporation (TSE: 672...

10 months ago - Newsfile Corp

Sequans Board of Directors Recommends that Shareholders Accept Renesas Tender Offer and Tender Shares

Paris, France--(Newsfile Corp. - August 16, 2023) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans"), a leader in 5G/4G cellular IoT chips and modules, today announced that its Board of Directors ...

11 months ago - Newsfile Corp

Sequans Communications Announces Second Quarter 2023 Financial Results

Announces that Sequans has signed a Memorandum of Understanding (MOU) with Renesas Company to Hold a Conference Call Today at August 7 at 8:30 am ET to Discuss the Transaction Paris, France--(Newsfile...

11 months ago - Newsfile Corp

Sequans Announces Conference Call to Review Second Quarter 2023 Results

Tuesday, August 8, 2023 at 8:00 a.m. ET Paris, France--(Newsfile Corp. - July 24, 2023) - Sequans Communications S.A.

1 year ago - Newsfile Corp

Sequans Monarch 2 GM02S NEKTAR EVKs Now Available on Verizon ThingSpace Marketplace

Paris, France--(Newsfile Corp. - July 5, 2023) - Now Available for purchase on Verizon's ThingSpace Marketplace are evaluation kits for Sequans Monarch 2 GM02S module. The Monarch 2 GM02S NEKTAR EVK p...

1 year ago - Newsfile Corp