Sequans Communications (SQNS) Reports In-Line Q1 EPS; Issues Q2 Outlook

Sequans Communications (NYSE: SQNS) reported Q1 EPS of ($0.09), in-line with the analyst estimate of ($0.09). Revenue for the quarter came in at $9.3 million versus the consensus estimate of $10.54 million.

GUIDANCE:

Sequans Communications sees Q2 2016 EPS of ($0.10)-($0.08), versus the consensus of ($0.08). Sequans Communications sees Q2 2016 revenue of $10-12 million, versus the consensus of $12.8 million.

For earnings history and earnings-related data on Sequans Communications (SQNS) click here.

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