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.

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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.

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 showcasing its newest chips and modules along with new Sequans-powered customer devices at Mobile World Congress, Barcelona, next week, February 26-29. Sequans' extensive experience in cellular IoT is reflected in its comprehensive product portfolio, covering NB-IoT/LTE-M up to 5G NR, and in its advanced features, which include industry-leading low power consumption, support for integrated eSIM, and global deployment capability.

Sequans at Mobile World Congress 2024

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

Renesas Announces Termination of Memorandum of Understanding and 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) ("Renesas") and Sequans Communications S.A. (NYSE: SQNS) ("Sequans") today announced that (i) Renesas has extended the expiration date of its tender offer to acquire all of the outstanding ordinary shares of Sequans for $0.7575 per ordinary share and American Depositary Shares ("ADSs") of Sequans for $3.03 per ADS (each ADS representing four ordinary shares) in cash, without interest and less any applicable withholding taxes, (ii) pursuant to articles L.

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. - December 5, 2023) - Renesas Electronics Corporation (TSE: 6723) ("Renesas") and Sequans Communications S.A. (NYSE: SQNS) ("Sequans") today announced that (i) Renesas has extended the expiration date of its tender offer to acquire all of the outstanding ordinary shares of Sequans for $0.7575 per ordinary share and American Depositary Shares ("ADSs") of Sequans for $3.03 per ADS (each ADS representing four ordinary shares) in cash, without interest and less any applicable withholding taxes and (ii) pursuant to the Taiwan Fair Trade Act, the Taiwan Fair Trade Commission has given regulatory clearance to the previously announced proposed acquisition of Sequans by Renesas.

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. - November 6, 2023) - Renesas Electronics Corporation (TSE: 6723) ("Renesas") and Sequans Communications S.A. (NYSE: SQNS) ("Sequans") today announced that (i) Renesas has extended the expiration date of its tender offer to acquire all of the outstanding ordinary shares of Sequans for $0.7575 per ordinary share and American Depositary Shares ("ADSs") of Sequans for $3.03 per ADS (each ADS representing four ordinary shares) in cash, without interest and less any applicable withholding taxes and (ii) the Secretary of State in the Cabinet Office of the United Kingdom has determined not to take any further action in relation to the previously announced proposed acquisition of Sequans by Renesas under the National Security and Investment Act 2021 ("NSIA").

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

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 for the third quarter ended September 30, 2023.

Sequans Communications Announces Third Quarter 2023 Financial Results

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) ("Renesas") and Sequans Communications S.A. (NYSE: SQNS) ("Sequans") today announced that (i) Renesas has extended the expiration date of its tender offer to acquire all of the outstanding ordinary shares of Sequans for $0.7575 per ordinary share and American Depositary Shares ("ADSs") of Sequans for $3.03 per ADS (each ADS representing four ordinary shares) in cash, without interest and less any applicable withholding taxes and (ii) the Committee on Foreign Investment in the United States ("CFIUS") has cleared the proposed acquisition of Sequans by Renesas.

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. - September 11, 2023) - Renesas Electronics Corporation (TSE: 6723) ("Renesas") and Sequans Communications S.A. (NYSE: SQNS) ("Sequans") today announced that Renesas has commenced the previously-announced tender offer to acquire all of the outstanding ordinary shares of Sequans for $0.7575 per ordinary share and American Depositary Shares ("ADSs") of Sequans for $3.03 per ADS (each ADS representing four ordinary shares) in cash, without interest and less any applicable withholding taxes.

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

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 determined that the proposed offer from Renesas Electronics Corporation (TSE: 6723) ("Renesas"), as described in the memorandum of understanding (the "MoU") between Sequans and Renesas previously announced on August 7, 2023, is consistent with and will further the business objectives and goals of Sequans and is in the best interests of the Company, its employees, and its shareholders.

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

Start Time: 08:30 January 1, 0000 8:56 AM ET Sequans Communications S.A. (NYSE:SQNS ) Renesas Tender Offer Transaction Conference Call August 07, 2023, 08:30 AM ET Company Participants Georges Karam - Chairman and CEO Deborah Choate - CFO Kim Rogers - MD, Hayden IR Conference Call Participants Operator Welcome to the Sequans Communications' Ranger Announcement Conference Call.

Sequans Communications S.A. (SQNS) Renesas Tender Offer Transaction Conference Call (Transcript)

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 Corp. - August 7, 2023) - Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G solutions for IoT devices, today announced financial results for the second quarter ended June 30, 2023.

Sequans Communications Announces Second Quarter 2023 Financial Results

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

Sequans Announces Conference Call to Review Second Quarter 2023 Results

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 provides connection to Verizon's LTE-M/NB-IoT network in a matter of minutes and comes pre-packaged with a Verizon SIM.

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

Sequans, a developer and provider of 5G and 4G chips and modules for IoT devices, is expected to provide significant upside with its stock potentially doubling over the next year. The company's Taurus 5G chips are expected to capitalize on the growing 5G/4G Cellular IoT market, projected to exceed $3 billion by 2025. SQNS can achieve $125M+ of annualized product design wins by 2023YE, not reflecting the “opportunity pipeline” where SQNS is likely to solidify new 5G chip relationships and receive up-front payments.

Sequans: Finally Ready To Achieve Its Potential

Paris, France--(Newsfile Corp. - June 29, 2023) - Sequans Communications S.A. (NYSE: SQNS) announced that Dr. Maria Merced has been elected to its board of directors.

Sequans Elects Maria Marced to Board of Directors

PARIS and TORONTO, ON , May 25, 2023 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS) ("Sequans"), a leader in 5G/4G cellular IoT chips and modules today announced that Geotab® Inc. ("Geotab"), a global leader in connected transportation solutions, has selected Sequans' Calliope 2 Cat 1bis technology as a part of its product strategy.

Sequans and Geotab Extend Relationship with Adoption of Calliope 2 Cat 1bis Technology

Purpose-built for 2 Gbps 5G broadband speed Ideal for price-sensitive 5G applications PARIS , May 23, 2023 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), leader in 5G/4G cellular IoT chips and modules, today introduced Taurus 5G NR, the world's first chipset platform specifically optimized for 5G broadband IoT devices, providing cost-effective support for applications including fixed wireless access, portable hotspots, mobile computing, video surveillance, and high-end industrial IoT.

Sequans Introduces Taurus 5G NR: The World's First Chipset Specifically Optimized for 5G Broadband IoT Devices

Sequans Communications S.A. (NYSE:SQNS ) Q1 2023 Results Conference Call May 3, 2023 8:00 AM ET Company Participants Kim Rogers - MD, Hayden IR Georges Karam - Chairman & CEO Deborah Choate - CFO Conference Call Participants Scott Searle - ROTH MKM Craig Ellis - B.

Sequans Communications S.A. (SQNS) Q1 2023 Earnings Call Transcript

PARIS , May 3, 2023 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G solutions for IoT devices, today announced financial results for the first quarter ended March 31, 2023, First  Quarter 2023 Summary Results Table: (in US$ millions, except share and per share data) Q1 2023 Q4 2022 Q1 2022 Revenue $11.9 $15.9 $13.9 Gross profit 9.3 12.0 9.5 Gross margin (%) 78.5 % 75.3 % 68.1 % Operating profit (loss) (4.0) (1.0) (2.0) Net profit (loss) (5.0) (5.0) 2.0 Diluted earnings (loss) per ADS ($0.10) ($0.10) $0.05 Non-IFRS diluted earnings (loss) per ADS * ($0.09) ($0.06) ($0.04) Weighted average number of diluted ADS (IFRS) 48,382,629 47,951,407 46,013,404 Weighted average number of diluted ADS (Non-IFRS) 48,382,629 47,951,407 41,142,823 * See Use of Non-IFRS/non-GAAP Financial Measures disclosure on page 3.

Sequans Communications Announces First Quarter 2023 Financial Results

PARIS , April 17, 2023 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G solutions for IoT devices, announced today that Georges Karam, CEO, and Deborah Choate, CFO, will participate in the B.

Sequans to Participate in the B. Riley 23rd Annual Institutional Investor Conference

Anterix Inc

4RF, GE, and RAD Collaborate with Sequans and Anterix Paris, France and Woodland Park, New Jersey--(Newsfile Corp. - April 11, 2023) - Sequans Communications S.A. (NYSE: SQNS), a leading provider of cellular IoT chips and modules, and Anterix Inc. (NASDAQ: ATEX), the largest holder of licensed spectrum in the 900 MHz band (896-901/935-940) throughout the contiguous United States, plus Hawaii, Alaska, and Puerto Rico, are bringing to market an LTE Cat-4 multi-band communications module, Cassiopeia CA410.

Sequans and Anterix Accelerate Growth of Utility Broadband Device Ecosystem with New Multi-Band Module

PARIS , March 31, 2023 /PRNewswire/ -- 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, 2022 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 2022 Annual Report on Form 20-F

Wednesday, May 3, 2023 at 8:00 a.m. ET PARIS , March 31, 2023 /PRNewswire/ -- Sequans Communications S.A.

Sequans Announces Conference Call to Review First Quarter 2023 Results

Until Sequans Communications consistently and sustainably turns a profit, it's going to find it hard to break out. Even with a $700.00 million pipeline, it's going to take several years for a lot of those projects to go into production, and a lot can happen during that time.

Sequans Communications: Still Has A Lot To Prove

LEXINGTON, Mass.--(BUSINESS WIRE)-- #InternetofThings--iBASIS, the leading provider of communications solutions for operators and digital players worldwide, and Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G chips and modules, today announced that Actility, a leading provider of IoT connectivity platform, has chosen iBASIS and Sequans to roll out programmable cellular IoT solutions with eSIM and iSIM.

News for Sequans Communications Stock (SQNS)