This agreement grants our license partner the right to manufacture and market the Monarch 2 chip under their brand name. The deal includes an initial payment of $15 million, with the opportunity for additional revenue in subsequent years.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/8/2023 | $6.50 → $3.03 | Buy → Neutral | B. Riley Securities |
| 6/24/2021 | $11.00 → $9.00 | Buy | Needham |
$172 million Strategic Deal Proceeds Received on September 30, 2024; $85 Million of Debt Repaid Subsequent to Quarter EndParis, France--(Newsfile Corp. - November 5, 2024) - Sequans Communications S.A. (NYSE:SQNS) ("Sequans" or the "Company"), a leading developer and provider of 5G/4G semiconductors and IoT modules, today announced preliminary financial results for the third quarter ended September 30, 2024.Third Quarter 2024 Summary Preliminary Results Table:(in US$ millions, except share and per share data)Q3 2024 (1)Q2 2024 (1)Q3 2023 Revenue$10.1$$9.7$7.8Gross profit$8.3$$8.1$6.7Gross margin (%)82.5 %84.0%85.8%Operating income (loss)$87.0($3.7)($7.8)Net profit (loss)$72.3($0.9)($9.6)Dilu
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' management will conduct one-on-one meetings on Wednesday, November 20.For more information about the Roth Technology Conference or to schedule a meeting with Sequans' management, contact your Roth representative. Roth Capital reserves the right to optimize a company's meeting schedule. It i
Tuesday, November 5, 2024 at 8:00 a.m. ETParis, France--(Newsfile Corp. - October 22, 2024) - Sequans Communications S.A. (NYSE:SQNS), a leading provider of 4G and 5G semiconductors and modules for the Internet of Things, will release its financial results for the third quarter of 2024 on Tuesday, November 5, 2024, during pre-market hours. Following the announcement, Sequans' management will host a conference call at 8:00 a.m. ET.Conference Call DetailsDate: Tuesday, November 5, 2024Time: 8:00 a.m. ET / 14:00 CETDial in: U.S. toll-free: 800-717-1738International: +1 646-307-1865Access: When prompted, provide event title or access code 1178271.A live and archived webcast of the call wil
SC 13G/A - SEQUANS COMMUNICATIONS (0001383395) (Subject)
SC 13G - SEQUANS COMMUNICATIONS (0001383395) (Subject)
SC 13G/A - SEQUANS COMMUNICATIONS (0001383395) (Subject)
PARIS, April 5, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE:SQNS) announced the appointment of Louis (Ping Lin) Chuang to the position of EVP and GM of Sequans Massive IoT business unit. Chuang has been serving as the GM of Sequans' Asia-Pacific region since May 2021, and now takes on an expanded role leading one of Sequans' two primary business units. Prior to joining Sequans, Chuang was senior director of sales and marketing for the Broadband Wireless Access Business Unit at Gemtek, a wireless industry leader and total solutions provider, where he held various positions within the wireless WAN and telecom products divisions since 2003.
Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell sharply during Monday's session after the company announced a workforce reduction. SolarEdge disclosed a decision to lay off 400 employees. The company stated that 200 of these job cuts are in Israel. The action involves reducing headcount and discretionary spending across all departments. SolarEdge Technologies shares dipped 12.2% to $27.77 on Monday. Here are some other stocks moving in today’s mid-day session. Gainers Autonomix Medical, Inc. (NASDAQ:AMIX) shares climbed 148% to $1.4850 after the company entered into an agreement with RF Innovations to license intellectual property for its Apex 6 Radiofrequency Gener
Gainers SMX (Security Matters) (NASDAQ:SMX) shares rose 23.6% to $0.14 during Thursday's pre-market session. The company's market cap stands at $5.7 million. Nano Dimension (NASDAQ:NNDM) shares moved upwards by 10.64% to $2.39. The company's market cap stands at $523.9 million. LeddarTech Holdings (NASDAQ:LDTC) shares moved upwards by 7.36% to $1.02. The company's market cap stands at $30.0 million. Inuvo (AMEX:INUV) shares increased by 7.01% to $0.27. The company's market cap stands at $37.8 million. Research Frontiers (NASDAQ:REFR) shares rose 6.52% to $1.96. The market value of their outstanding shares is at $65.6 million. Presto Automation (NASDAQ:PRST) stock rose 6.28% to $0.08. T
Gainers Spectaire Holdings (NASDAQ:SPEC) stock moved upwards by 148.9% to $0.85 during Friday's pre-market session. The company's market cap stands at $15.6 million. Ascent Solar Technologies (NASDAQ:ASTI) stock rose 35.31% to $0.15. The market value of their outstanding shares is at $13.2 million. Sequans Communications (NYSE:SQNS) shares moved upwards by 14.46% to $0.55. The company's market cap stands at $34.0 million. The company's, Q1 earnings came out 3 days ago. Minim (NASDAQ:MINM) shares increased by 10.13% to $3.15. The market value of their outstanding shares is at $8.8 million. DatChat (NASDAQ:DATS) shares rose 8.15% to $1.34. The market value of their outstanding shares is a
6-K - SEQUANS COMMUNICATIONS (0001383395) (Filer)
6-K - SEQUANS COMMUNICATIONS (0001383395) (Filer)
6-K - SEQUANS COMMUNICATIONS (0001383395) (Filer)
B. Riley Securities downgraded Sequans Communications from Buy to Neutral and set a new price target of $3.03 from $6.50 previously
Needham reiterated coverage of Sequans Communications with a rating of Buy and set a new price target of $9.00 from $11.00 previously
$172 million Strategic Deal Proceeds Received on September 30, 2024; $85 Million of Debt Repaid Subsequent to Quarter EndParis, France--(Newsfile Corp. - November 5, 2024) - Sequans Communications S.A. (NYSE:SQNS) ("Sequans" or the "Company"), a leading developer and provider of 5G/4G semiconductors and IoT modules, today announced preliminary financial results for the third quarter ended September 30, 2024.Third Quarter 2024 Summary Preliminary Results Table:(in US$ millions, except share and per share data)Q3 2024 (1)Q2 2024 (1)Q3 2023 Revenue$10.1$$9.7$7.8Gross profit$8.3$$8.1$6.7Gross margin (%)82.5 %84.0%85.8%Operating income (loss)$87.0($3.7)($7.8)Net profit (loss)$72.3($0.9)($9.6)Dilu
Tuesday, November 5, 2024 at 8:00 a.m. ETParis, France--(Newsfile Corp. - October 22, 2024) - Sequans Communications S.A. (NYSE:SQNS), a leading provider of 4G and 5G semiconductors and modules for the Internet of Things, will release its financial results for the third quarter of 2024 on Tuesday, November 5, 2024, during pre-market hours. Following the announcement, Sequans' management will host a conference call at 8:00 a.m. ET.Conference Call DetailsDate: Tuesday, November 5, 2024Time: 8:00 a.m. ET / 14:00 CETDial in: U.S. toll-free: 800-717-1738International: +1 646-307-1865Access: When prompted, provide event title or access code 1178271.A live and archived webcast of the call wil
Agrees to Sell its 4G IoT Technology for $200M to Qualcomm While Retaining License for Ongoing Use and DevelopmentManagement to Hold a Conference Call Today, August 23, at 8:30 am ET Paris, France--(Newsfile Corp. - August 23, 2024) - Sequans Communications S.A. (NYSE:SQNS) ("Sequans" or the "Company"), a leading developer and provider of 5G/4G semiconductors and IoT modules, today announced preliminary financial results for the second quarter ended June 30, 2024.Second Quarter 2024 Summary Preliminary Results Table:(in US$ millions, except share and per share data)Q2 2024 (1)Q1 2024Q2 2023Revenue$9.7$6.0$9.2Gross profit$8.1$3.9$7.5Gross margin (%)84 %63.9 %82.3 %Operating loss($3.7)($8.5)($