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 S.A. (NYSE: SQNS) announced participation in the 7th Annual Roth Virtual London Conference from June 21 to 23, 2021. CEO Georges Karam and CFO Deborah Choate will engage in video one-on-one meetings on June 21st and 22nd, between 7:00 AM and 11:30 AM Eastern time. This event is aimed at showcasing Sequans' 5G and 4G solutions for IoT applications. For scheduling, attendees are encouraged to contact their representatives or the event organizers via this link.
Sequans Communications (NYSE: SQNS) has partnered with AmericanPharma Technologies to provide cellular IoT connectivity for the PharmaWatch™ vaccine monitoring system, which is crucial for monitoring Covid-19 vaccine shipments. Utilizing Sequans' Monarch technology, PharmaWatch uploads temperature data every 5 minutes via a secure LTE-M network. This partnership bolsters compliance with CDC regulations, ensuring vaccine efficacy during transport and storage. The PharmaWatch system monitors extreme temperatures, has quick self-installation, and incorporates advanced technology to minimize false alerts.
Sequans Communications S.A. (NYSE: SQNS) has announced its participation in the virtual Needham Technology and Media Conference from May 17-20, 2021. CEO Georges Karam and CFO Deborah Choate will hold one-on-one meetings on May 17 and May 18 from 8:00 am to 1:30 pm ET. A fireside chat is scheduled for May 17 from 8:00 am to 8:40 am ET. Interested parties can contact their representatives or email conferences@needhamco.com for more information. The conference webcast will be available on the company’s investor relations site for 90 days.
Sequans Communications S.A. (NYSE: SQNS) reported its Q1 2021 financial results, highlighting a revenue of $12.3 million, a decline from $15.8 million in Q4 2020, and $8.8 million in Q1 2020. The gross profit was $6.2 million, with a gross margin of 50.1%. However, the company incurred an operating loss of ($5.8 million) and a net loss of ($11.4 million). The financial results reflect a challenging quarter, with a need for improvement moving forward.
Sequans Communications S.A. (NYSE: SQNS) announced a $50 million private financing with Lynrock Lake Master Fund LP, including $10 million in American Depository Shares and $40 million in convertible debt. The financing, which closes on April 9, 2021, aims to strengthen Sequans' balance sheet and support its Massive IoT business. The proceeds will be used to repay existing debt and for general corporate purposes. Lynrock Lake, an existing shareholder, emphasizes the partnership's alignment with Sequans' 5G development goals.
Sequans Communications S.A. (NYSE: SQNS) has filed its Annual Report on Form 20-F for the year ended December 31, 2020, with the SEC. The report, which includes the company's complete audited financial statements for 2020, is accessible on Sequans' website and the SEC’s site. Shareholders can request a printed version of the report free of charge. Sequans, established in 2003 and headquartered in Paris, specializes in 5G and 4G solutions for various IoT applications, offering a diversified portfolio of chips and modules.
Sequans Communications (NYSE: SQNS) will release its financial results for Q1 2021 on April 27, 2021, before market open. Management will hold a conference call at 8:00 a.m. ET to discuss the results. Investors can access the live and archived webcast on Sequans' website. The company specializes in 5G and 4G solutions for IoT applications and offers products with low power consumption and global deployment capabilities. Founded in 2003 and based in Paris, Sequans operates globally with multiple offices.
Sequans Communications (NYSE: SQNS) has established a new R&D subsidiary in Salo, Finland, to enhance its 5G and 4G IoT semiconductor solutions. This move aims to leverage the local talent in wireless engineering and is expected to triple the team size by year-end. The new facility is Sequans' eleventh global site and will collaborate closely with its main R&D team in Paris. Sequans continues to lead in massive IoT technology, recently launching the second generation of its 5G-ready platforms and developing the upcoming 5G Taurus broadband IoT platform.
Sequans Communications S.A. (NYSE: SQNS) reported its financial results for the fourth quarter and full-year 2020. Fourth Quarter Highlights: Revenue reached $15.8 million, increasing 11.8% quarter-over-quarter and 58.4% year-over-year. Full-Year Revenue: Totaled $50.9 million, a 65.0% rise from 2019. Gross Margin: Stood at 45.1%, up from 42.0% in Q3 2020 but down from 51.2% in Q4 2019. Net Loss: Registered at $11.3 million, with a full-year loss of $54.5 million. Cash Position: Decreased to $18.5 million from $25.3 million in Q3 2020.
Sequans Communications (NYSE: SQNS) has partnered with AMIT Wireless to launch two new connectivity devices aimed at enhancing distance learning capabilities. Both devices utilize Sequans' Cassiopeia CB610L module, optimized for CBRS OnGo networks in the USA. They include a USB dongle (IDG120-C6U01) that connects laptops to these networks and a cellular WAN extender (IDG500-C6012) for Ethernet equipment. The collaboration addresses the growing demand for reliable distance learning solutions amid the pandemic.
FAQ
What is the current stock price of Sequans Communications S A (SQNS)?
What is the market cap of Sequans Communications S A (SQNS)?
