Sequans Communications

Sequans Communications SA engages in the design, development, and supply of cellular semiconductor solutions for the broadband and Internet of Things (IoT) markets. The firm offers 5G and 4G chips and modules for non-smartphone devices. Its products and solutions include chips, modules, development kits, and custom technology solutions. The company was founded by Georges Karam and Bertrand Debray in September 2003 and is headquartered in Colombes, France.

Earnings data Q1 2021

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Sequans Communications reports solid Q4 performance and eyes growth opportunities

Sequans Communications showcased strong financials, highlighted by revenue growth, strategic partnerships, and product innovation. While facing challenges such as net losses, the company is optimistic about future prospects, with a focus on expanding revenue streams and closing new deals. By exploring new licensing opportunities and targeting key markets, Sequans aims to drive growth and shareholder value.

Sequans Communications reports record margins and strategic growth initiatives

Sequans Communications shows strong performance with record gross margin and a growing pipeline.
While facing challenges in certain segments, the company is strategically positioning for future growth.
Opportunities lie in 5G technology advancements and securing additional funding for expansion.
Overall, Sequans Communications is focused on innovation and revenue growth amidst industry challenges.

Sequans Communications reports Q4 revenue growth, eyes strategic partnerships

Sequans Communications faced revenue challenges in 2023 but maintained strong gross margins.
Strategic product launches and new funding sources provide growth opportunities.
Transitioning to chipset sales and securing partnerships are key focus areas for future success.
Despite revenue decline, the company is optimistic about sequential growth in 2024.

Sequans sells 4G IoT Tech to Qualcomm, focuses on 5G growth

Sequans' strategic sale of 4G IoT Technology to Qualcomm fortifies its financial position and technology focus on 5G solutions
Q2 performance highlights steady revenue and key achievements, setting the stage for future growth and market expansion
Challenges lie in managing post-sale transitions, sustaining market competitiveness, and balancing tech investments with financial stability
Opportunities abound in the growing market demand for advanced IoT solutions and strategic partnerships

Sequans Communications sold its 4G IoT Technology to Qualcomm for $200 million, focusing on 5G assets and technologies for future growth.
Q2 2024 revenue was $9.7 million, with flat product revenue and service revenue driven by key agreements and certifications.
The company aims to repay debts, enhance customer support, accelerate technology development, and pursue market expansion with 5G solutions.

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Sequans Communications SA engages in the design, development, and supply of cellular semiconductor solutions for the broadband and internet of things markets. The firm offers 5G and 4G chips and modules for non-smartphone devices. It operates through the following geographical segments: Asia, China, Taiwan, Korea, Rest of Asia, Germany, United States of America, and Rest of the World. The company was founded by Georges M. Karam and Bertrand Debray in September 2003 and is headquartered in Colombes, France.

SQNS shares benefit from expanding portfolio and increasing clientele. Qualcomm Deal and fair valuation bodes well for investors.

Sequans Shares Down 56% YTD: Should Investors Buy the Dip?

Paris, France--(Newsfile Corp. - December 3, 2024) - Sequans Communications S.A. (NYSE: SQNS), a leading provider of 4G and 5G semiconductors and modules for the Internet of Things, today announced that Georges Karam, President and CEO, and Deborah Choate, CFO, will participate in the 27th Annual Needham Growth Conference being held January 14 - 16, 2025, at Lotte NY Palace Hotel in New York City.

Sequans to Participate in 27th Annual Needham Growth Conference on January 14, 2025

Sequans Communications S.A. (NYSE:SQNS ) Q3 2024 Results Conference Call November 5, 2024 8:00 AM ET Company Participants Kim Rogers - Hayden, Investor Relations Georges Karam - Chairman and Chief Executive Officer Deborah Choate - Chief Financial Officer Conference Call Participants Scott Searle - ROTH Capital Partners Operator Good morning, ladies and gentlemen, and welcome to the Sequans Communications Third Quarter 2024 Financial Results Conference Call.

Sequans Communications S.A. (SQNS) Q3 2024 Earnings Call Transcript

$172 million Strategic Deal Proceeds Received on September 30, 2024; $85 Million of Debt Repaid Subsequent to Quarter End Paris, France--(Newsfile Corp. - November 5, 2024) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans" or the "Company"), a leading developer and provider of 5G/4G semiconductors and IoT modules, today announced preliminary financial results for the third quarter ended September 30, 2024.

Sequans Communications Preliminary Third Quarter 2024 Financial Results

Paris, France--(Newsfile Corp. - October 30, 2024) - Sequans Communications S.A. (NYSE: SQNS), a leading provider of 4G and 5G semiconductors and modules for the Internet of Things, today announced that Georges Karam, President and CEO, and Deborah Choate, CFO, will participate in the 13th Annual Roth Technology Conference being held November 19 - 20, 2024, at the Hard Rock Hotel in New York City.

Sequans to Participate in 13th Annual ROTH Technology Conference on November 20th

Tuesday, November 5, 2024 at 8:00 a.m. ET Paris, France--(Newsfile Corp. - October 22, 2024) - Sequans Communications S.A.

Sequans Announces Conference Call to Review Third Quarter 2024 Results

Paris, France--(Newsfile Corp. - October 8, 2024) - Sequans Communications S.A. (NYSE: SQNS), a leading 4G/5G IoT semiconductor company, announces today that Building36, an Alarm.com company and innovator in smart home solutions, has selected Sequans Monarch® 2 GM02S module to connect its latest thermostat, the Smart Thermostat HQ.

Sequans Monarch LTE-M/NB-IoT Module Powers the Next-Generation Building36 Connected Thermostat

The Recent Qualcomm Transaction Boosts Sequans' Capacity to Serve Customers and Further Develop its Massive IoT Roadmap Paris, France--(Newsfile Corp. - October 1, 2024) - Sequans Communications S.A. (NYSE: SQNS), a leading provider of 4G and 5G semiconductors and modules for the Internet of Things, announced today that, following the closing of its transaction with Qualcomm Technologies, Inc. ("Qualcomm"), a subsidiary of Qualcomm Incorporated, it will focus its future investments on addressing the Massive IoT market opportunity with its 4G products and 5G roadmap.

Sequans Reaffirms Commitment to Massive IoT Market

San Diego, California and Paris, France--(Newsfile Corp. - September 30, 2024) - Qualcomm Incorporated, a global leader in high-performance at low-power solutions, through its subsidiary, Qualcomm Technologies, Inc. ("Qualcomm"), and Sequans Communications S.A. (NYSE: SQNS), a supplier of 4G and 5G semiconductor solutions for the Internet of Things (IoT), today announced that they have completed the sale of Sequans' 4G IoT technology to Qualcomm.

Qualcomm and Sequans Complete Sale of 4G IoT Technology

Paris, France--(Newsfile Corp. - September 27, 2024) - Sequans Communications S.A. (NYSE: SQNS), a leading provider of 4G and 5G semiconductors and modules for the Internet of Things, today announced that its Board of Directors has approved a change in the number of its ordinary shares represented by American Depositary Shares, issued by the Bank of New York Mellon as depositary, from 4 ordinary shares per ADS to 10 ordinary shares per ADS.

Sequans Communications Announces Change in Ratio of American Depositary Shares to Ordinary Shares

Sequans Communications (NYSE: SQNS ) just reported results for the second quarter of 2024. Sequans Communications reported earnings per share of -9 cents.

SQNS Stock Earnings: Sequans Communications Beats EPS, Beats Revenue for Q2 2024

Agrees to Sell its 4G IoT Technology for $200M to Qualcomm While Retaining License for Ongoing Use and Development Management to Hold a Conference Call Today, August 23, at 8:30 am ET Paris, France--(Newsfile Corp. - August 23, 2024) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans" or the "Company"), a leading developer and provider of 5G/4G semiconductors and IoT modules, today announced preliminary financial results for the second quarter ended June 30, 2024.

Sequans Communications Preliminary Second Quarter 2024 Financial Results

QUALCOMM

Strengthens Qualcomm's Industrial IoT portfolio, offering low-power solutions for reliable, optimized cellular connectivity for IoT applications Expands and accelerates Qualcomm's leadership position in digital transformation at the edge Sequans retains license of the 4G IoT Technology for its ongoing use and will continue to serve its IoT markets with a strengthened balance sheet Sequans maintains full ownership of its 5G technology Paris, France and San Diego, California--(Newsfile Corp. - August 23, 2024) - Qualcomm Incorporated, (NASDAQ: QCOM), a global leader in high-performance at low-power solutions, through its subsidiary, Qualcomm Technologies, Inc. ("Qualcomm"), and Sequans Communications S.A. (NYSE: SQNS), a supplier of 4G and 5G semiconductor solutions for the Internet of Things (IoT), today announced that they have entered into a definitive agreement for Qualcomm to buy Sequans' 4G IoT technologies.

Qualcomm and Sequans Reach Agreement on Sale of 4G IoT Technology

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

Sequans Provides Key Business Updates

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, today announced a non-exclusive manufacturing licensing agreement for its Monarch 2 LTE-M/NB-IoT platform.

Sequans Announces a New $15 Million Licensing Agreement

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) announced that Itron has selected Sequans' Monarch 2 LTE-M/NB-IoT technology to connect its newest Intelis wSource smart water meters as part of its strategy to modernize the advanced metering industry (AMI) with cellular connected solutions.

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

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 chips and modules, announced that its Cassiopeia CA410 module has achieved certification from regulatory agencies PTCRB and GCF, and has undergone successful field testing with one of the largest electricity providers in California.

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

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 Annual Report on Form 20-F for the year ended December 31, 2023 has been filed with the Securities and Exchange Commission ("SEC") and is available on the Company's website www.sequans.com in the Investors section under SEC Filings, as well as from the SEC's website www.sec.gov.

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

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 announced that on April 9, 2024 it received a notice (the "Notice") from the New York Stock Exchange (the "NYSE") informing the Company that it is no longer in compliance with Sections 802.01B and 802.01C of the NYSE Listed Company Manual.

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

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 leader in LPWAN solutions, has adopted its Monarch 2 GM02S module to provide low power cellular IoT connectivity for a new version of the Abeeway Compact Tracker that now combines LTE-M and NB-IoT connectivity from Sequans with GPS, Wi-Fi Sniffer, Bluetooth and LoRa technologies in a single, highly accurate tracker.

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

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 that its Calliope 2 Cat 1bis platform, which includes the Calliope 2 chip and the GC02S1 module, has received modular approval for use on the AT&T commercial mobility network and the FirstNet® network.

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

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 statement regarding the imminent maturity of debt obligations in the coming days.

Sequans Secures Standstill Agreements on Existing Debt Maturities

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 solutions, will be showcasing its portfolio of chips and modules, April 9-11, at Embedded World, the world's largest event for the embedded community.

Sequans to Showcase its Cellular IoT Solutions at Embedded World 2024

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 the French government as part of the France 2030 initiative to support the development of technologies deemed to be strategically important to the national interest.

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

Sequans Communications S.A. SPON ADS EA REPR 4 ORD SHS (POST SPLIT) (NYSE:SQNS ) Q4 2023 Earnings Conference Call March 7, 2024 8:00 AM ET Company Participants Kim Rogers - MD, Hayden IR Georges Karam - Chairman and CEO Deborah Choate - CFO Conference Call Participants Operator Good morning, ladies and gentlemen and welcome to the Sequans Fourth Quarter and Full Year 2023 Results Conference Call.

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