Sequans Communications (SQNS) to Release Quarterly Earnings on Tuesday

Sequans Communications (NYSE:SQNS) will be issuing its quarterly earnings data before the market opens on Tuesday, February 19th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter.

Shares of NYSE:SQNS opened at $0.99 on Friday. The stock has a market capitalization of $80.83 million, a price-to-earnings ratio of -3.19 and a beta of 3.05. The company has a debt-to-equity ratio of 4.36, a quick ratio of 1.10 and a current ratio of 1.34. Sequans Communications has a 52-week low of $0.75 and a 52-week high of $2.24.

SQNS has been the topic of several research reports. B. Riley dropped their target price on Sequans Communications from $2.25 to $1.65 and set a “buy” rating on the stock in a research report on Wednesday, October 31st. Zacks Investment Research cut Sequans Communications from a “hold” rating to a “sell” rating in a research report on Friday, November 23rd. Finally, Canaccord Genuity dropped their target price on Sequans Communications from $3.00 to $2.50 and set a “buy” rating on the stock in a research report on Wednesday, October 31st. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $2.22.

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About Sequans Communications

Sequans Communications SA, together with its subsidiaries, engages in fabless designing, developing, and supplying 4G LTE semiconductor solutions for wireless broadband and Internet of Things applications. Its solutions incorporate baseband processor and radio frequency (RF) transceiver integrated circuits along with proprietary signal processing techniques, algorithms, and software stacks.

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Earnings History for Sequans Communications (NYSE:SQNS)

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