Sequans Communications Q1 2024 Adj Earnings Per ADS $(0.14) Beats $(0.15) Estimate, Sales $6.027M Miss $7.200M Estimate

Sequans Communications (NYSE:SQNS) reported quarterly Adj losses of $(0.14) per ADS which beat the analyst consensus estimate of $(0.15) by 6.67 percent. This is a 55.56 percent decrease over losses of $(0.09) per share from the same period last year. The company reported quarterly sales of $6.027 million which missed the analyst consensus estimate of $7.200 million by 16.29 percent. This is a 49.35 percent decrease over sales of $11.899 million the same period last year.