Sequans Communications (NYSE:SQNS) Posts Earnings Results, Beats Estimates By $0.01 EPS

Sequans Communications (NYSE:SQNS) posted its earnings results on Tuesday. The semiconductor company reported ($0.10) EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.01, Zacks reports. Sequans Communications had a return on equity of 403.46% and a net margin of 138.26%. Sequans Communications updated its Q1 2025 guidance to EPS.

Sequans Communications Price Performance

SQNS stock opened at $2.99 on Tuesday. Sequans Communications has a 52 week low of $0.85 and a 52 week high of $7.32. The firm has a market capitalization of $74.80 million, a P/E ratio of 2.12 and a beta of 0.36. The company has a fifty day simple moving average of $3.18 and a two-hundred day simple moving average of $2.63. The company has a quick ratio of 1.33, a current ratio of 1.36 and a debt-to-equity ratio of 0.01.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Sequans Communications from a “sell” rating to a “hold” rating in a research note on Tuesday, November 12th.

Sequans Communications Company Profile

Sequans Communications SA engages in the fabless designing, developing, and supplying of cellular semiconductor solutions for massive and broadband Internet of Things (IoT) 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 SoC solutions that combine various functions into a single die or package; and LTE modules.