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Sequans Communications (SQNS) Stock News, Feb-May 2024

SQNS NYSE

Sequans Communications S.A. reports developments tied to its fabless semiconductor business for 4G and 5G cellular Internet of Things connectivity. Company news commonly covers LTE-M/NB-IoT, 4G LTE Cat 1bis, 5G NR RedCap and eRedCap platforms, RF transceiver technology, design services, technology licensing, and customer platform selections for embedded cellular modems.

Updates also include quarterly and annual financial results, product demonstrations, design-win and production commentary, ADS repurchase activity, Bitcoin digital-asset treasury management, financing actions, and NYSE listing-compliance matters. Sequans serves IoT applications such as secured payment, smart mobility and logistics, smart cities, industrial systems, e-health, and smart homes.

Rhea-AI Summary

Sequans Communications has announced that its Cassiopeia CA410 module has achieved industry certification from PTCRB and GCF. Additionally, the module has successfully completed field testing with a major electricity provider in California.

Developed in collaboration with Anterix, the module supports 900 MHz, CBRS, and public MNO bands, facilitating seamless connectivity for private and public networks. The field tests demonstrated the module's reliable handover and instant failover capabilities.

The CA410 module, offering LTE Cat 4 throughput, is now ready for mass production and integration into smart meters, gateways, and routers for utility applications.

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Rhea-AI Summary

Sequans Communications (NYSE: SQNS) announced the filing and availability of its Annual Report on Form 20-F for the year ending December 31, 2023. The report, filed with the SEC, includes the company's complete audited financial statements for 2023.

Shareholders can access the report on the company's website in the Investors section under SEC Filings or directly from the SEC's website. Additionally, they can request a free printout of the report by contacting Sequans through various provided channels.

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Sequans Communications S.A. (NYSE: SQNS) received a notice from the NYSE stating non-compliance with share price and market capitalization listing rules. The company has deficiencies in market cap and share price but is not immediately delisted. Sequans has time to cure these deficiencies and intends to return to compliance within the specified periods.

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FAQ

What is the current stock price of Sequans Communications (SQNS)?

The current stock price of Sequans Communications (SQNS) is $2.8 as of October 2, 2026.

What is the market cap of Sequans Communications (SQNS)?

The market cap of Sequans Communications (SQNS) is approximately 42.0M.