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Sequans Communications Announces First Quarter 2021 Financial Results

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Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G chips and modules, today announced financial results for the first quarter ended March 31, 2021.

First Quarter 2021 Summary Results Table:

(in US$ millions, except share and per share data)

Q1 2021

 

Q4 2020

 

Q1 2020

Revenue

$12.3

 

 

$15.8

 

 

$8.8

 

Gross profit

6.2

 

 

7.1

 

 

4.5

 

Gross margin (%)

50.1

%

 

45.1

%

 

51.3

%

Operating loss

(5.8

)

 

(5.4

)

 

(7.8

)

Net loss

(11.4

)

 
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