Welcome to our dedicated page for Sequans Communications S A news (Ticker: SQNS), a resource for investors and traders seeking the latest updates and insights on Sequans Communications S A stock.
Sequans Communications S.A. (NYSE: SQNS) is a fabless semiconductor company specializing in 4G/5G cellular IoT technology and a self-described pioneer in Bitcoin treasury. The SQNS news page on Stock Titan aggregates company announcements, press releases, and market updates so readers can follow how Sequans develops its IoT semiconductor platforms and manages its Bitcoin-focused treasury strategy.
In its news flow, Sequans regularly highlights technology partnerships and design wins, such as selections of its Calliope 2 LTE Cat 1bis and Monarch LTE-M/NB-IoT platforms for embedded cellular modem solutions and zero-energy IoT infrastructure monitoring. These items help investors and industry observers see where Sequans’ platforms are being adopted across applications like smart cities, industrial IoT, transportation, healthcare, and critical infrastructure.
Sequans news also covers capital markets and corporate actions, including ADS repurchase programs, equity private placements, and the use of Bitcoin holdings to redeem a portion of its convertible debt. The company has issued releases on topics such as redeeming 50% of its convertible debt through Bitcoin sales, updating its buyback programs, and reporting preliminary quarterly financial results that include both IFRS and non-IFRS measures.
Another recurring theme in SQNS news is exchange listing and investor events. Sequans has reported on NYSE listing compliance status, including regaining compliance with continued listing standards, and on participation in investor conferences and growth conferences where management presents the company’s IoT and Bitcoin treasury strategies.
By reviewing the SQNS news feed, readers can monitor product platform updates, partnership announcements, treasury and capital allocation decisions, and regulatory disclosures in one place. Investors and followers of cellular IoT and Bitcoin treasury strategies may find it useful to check this page regularly for the latest company-issued information.
Sequans Communications (SQNS) reported its Q4 and full-year 2021 financial results on February 8, 2022. Q4 revenue was $13.8 million, a 16.1% increase from Q3 and a 61.4% increase from Q4 2020. Gross profit rose to $7.9 million, with a gross margin of 57.1%. The full year revenue remained steady at $50.9 million. However, the company posted a net loss of $7.7 million for Q4 and $20.3 million for 2021, with EPS at $(0.21). The company anticipates improved results in 2022, supported by a backlog exceeding $650 million and strategic partnerships.
Sequans Communications (NYSE: SQNS) announces an extension of its 4G/5G licensing agreements with Renesas Electronics (TSE:6723), enhancing market opportunities for Sequans' LTE-M/NB-IoT Monarch 2 and Taurus 5G platforms. This partnership enables Sequans to enter the Indian market and includes a $20 million investment and board nomination for Renesas' Dr. Sailesh Chittipeddi. The multi-year agreements aim to improve manufacturing control, product costs, and expand revenue streams amidst current supply challenges, with closing expected by January 14, 2022.
Sequans Communications (NYSE: SQNS) has partnered with Ubiik, a leader in Industrial IoT solutions, to enhance its advanced metering infrastructure (AMI) in Taiwan. Ubiik will utilize Sequans’ Monarch 2 GM02S LTE-M/NB-IoT module, which boasts advanced security and low power consumption. This collaboration aims to optimize the deployment of smart electricity meters, expanding Ubiik's services beyond electricity to other utilities. Ubiik currently operates one of the largest LPWAN networks for electricity AMI globally and is set to grow its market reach into the US, India, and other regions.
iatrixAir announces the launch of the Priority 10, a cellular-based air quality monitoring system, featuring 16 sensors for precise measurements including PM particles, VOCs, CO2, and more. Priced at $499, it requires no WiFi and connects securely to the cloud. The Priority 10 will be showcased at CES 2022 in Las Vegas. The technology is supported by Sequans' communication module, certified for over 200 countries, enhancing iatrixAir's competitive edge.
Sequans Communications (NYSE: SQNS) announced its Cassiopeia CB410L CBRS module powers Monogoto's new CBRSense asset tracker, designed for ultra-low power consumption, allowing it to run for a year on AA batteries. This innovation was unveiled at CES 2022, showcasing a collaboration with SODAQ to bring low-power applications to the CBRS network. The tracker supports various IoT applications, expanding the use of CBRS technology in sectors like smart meters and asset tracking.
Sequans Communications (NYSE: SQNS) will announce its fourth quarter and full year 2021 financial results on February 8, 2022, before market hours. The management will hold a conference call at 8:00 a.m. ET to discuss the results. Investors can access the live call and archived webcast through the Investor Relations section of Sequans' website. Sequans specializes in 5G/4G chips and modules for IoT devices, leveraging its products to address both massive IoT and broadband applications.
Sequans Communications (NYSE: SQNS) announced that Green-GO Digital is utilizing its Cassiopeia CB410L CBRS module for the new Beltpack Sports wireless intercom, aimed at enhancing communications in professional sports. This device operates on LTE technology and CBRS spectrum, allowing private network setups for various sectors. Features include outdoor usability, an intuitive design, and integration capabilities with existing systems. The Beltpack will be showcased at CES 2022, highlighting Sequans' role in advancing cellular IoT connectivity.
Monogoto, a global cloud-based cellular connectivity provider, has integrated CBRSense™, the first multi-purpose low-power IoT sensor, into its network. This sensor operates over private networks, enhancing capabilities for various industries adopting CBRS technology. Developed in partnership with SODAQ and Sequans Communications (NYSE: SQNS), CBRSense™ offers long battery life and low costs, expanding device support in the CBRS network. The companies will showcase this innovation during CES, January 5-8, 2022.
Sequans Communications (NYSE: SQNS) has announced the addition of LTE band 65 support on its Cassiopeia LTE-Advanced platform, in collaboration with EchoStar Mobile. This integration expands capabilities for broadband IoT applications, leveraging 90 MHz of spectrum for satellite and terrestrial services. The Cassiopeia prototype has successfully passed 3GPP conformance tests, setting a foundation for various LTE IoT devices. This initiative is part of Sequans' 'Custom Technology Solutions' project, aimed at addressing complex communications challenges across multiple markets.
Sequans Communications (SQNS) has launched its Calliope 2 GC02S1 modules, powered by the second generation LTE Cat 1bis chip, designed for IoT applications. These low-cost, low-power modules support VoLTE and faster throughput than LTE-M, ideal for devices like wearables and smart home gadgets. Calliope 2 promises reduced costs, enhanced battery life, and compatibility with global networks. The global LTE Cat 1 market is projected to grow from 132 million units in 2021 to 200 million units by 2025, bolstered by increasing demand for Cat 1 technology.