Sequans Communications S A Stock Price, News & Analysis

Sequans Communications S.A. (NYSE: SQNS), a leader in 5G/4G solutions for IoT, announced participation in the B. Riley 23rd Annual Institutional Investor Conference from May 23-25, 2023, at The Beverly Hilton Hotel, Los Angeles. CEO Georges Karam and CFO Deborah Choate will hold one-on-one and small group meetings on May 24. Sequans specializes in 5G/4G chips and modules aimed at IoT applications, offering low power consumption and a broad product portfolio including Monarch LTE-M/NB-IoT and Cassiopeia platforms. Founded in 2003 and headquartered in Paris, the company has a global presence with offices in the United States, UK, Israel, and more. For meeting arrangements, contact B. Riley representatives.

SKYFive AG, Flightcell International, and Sequans Communications have launched a new Air-to-Ground (A2G) communication device aimed at enhancing broadband connectivity for aerial missions. This compact A2G modem, integrated into Flightcell's DZMx device, ensures reliable and secure communications for public safety agencies, particularly in helicopters and light aircraft. Flightcell has already shipped over 3,000 DZMx units worldwide, and rigorous testing with Australia’s Pivotel confirmed the technology's throughput and reliability. This advancement aims to overcome the limitations of existing terrestrial and satellite communication methods, enabling new applications for airborne operations.

Sequans Communications (NYSE: SQNS) announced the filing of its Annual Report on Form 20-F for the year ending December 31, 2022, with the SEC. The report includes complete audited financial statements for 2022 and is accessible on the company's website and the SEC website. Shareholders can request a printed version free of charge via the company's investor relations section. Sequans, based in Paris, specializes in 5G and 4G chip solutions for broadband and massive IoT applications, featuring low power consumption and global deployment capabilities.

Sequans Communications S.A. (NYSE: SQNS) will announce its financial results for Q1 2023 on Wednesday, May 3, 2023, prior to market opening. A conference call will take place at 8:00 a.m. ET, where management will discuss the results. Investors can access a live and archived webcast of the call from the Investor Relations section of Sequans' website. The company specializes in 5G/4G solutions for IoT devices and offers a diverse product portfolio, including Monarch LTE-M/NB-IoT and Calliope chip platforms. Founded in 2003, Sequans is headquartered in Paris, France.

The global 5G IoT market is anticipated to expand from USD 13.2 billion in 2023 to USD 59.7 billion by 2028, achieving a CAGR of 35.1%. Growth is driven by the increasing adoption of low-cost sensors and 5G solutions, particularly among large enterprises. The consulting services sector is expected to witness the highest CAGR during this period, facilitating better understanding and implementation of IoT technologies. Additionally, short-range IoT devices will constitute a significant market share, while Europe is projected to have the second-highest growth rate, bolstered by advancements in 5G technology.