Sequans Communications S A Stock Price, News & Analysis

Sequans Communications (NYSE: SQNS) has received a notice of non-compliance from the NYSE on June 5, 2025, due to failing to meet listing requirements under Section 802.01B. The company's average global market capitalization fell below $50 million over a 30-day trading period while simultaneously having stockholders' equity below $50 million. While this notice doesn't trigger immediate delisting, Sequans has 90 days to submit a business plan to the NYSE demonstrating how it will regain compliance within 9 months. The NYSE will review the plan within 45 days to determine if it's reasonable. During this period, Sequans' ADSs will continue trading on the NYSE, subject to compliance with other listing standards and periodic review of progress.

Sequans Communications (NYSE: SQNS) reported Q1 2025 preliminary financial results with revenue of $8.1 million, up 33.6% year-over-year but down 27.1% from Q4 2024. The company achieved product revenue growth of 42.2% year-over-year to $3.5 million, driven by Monarch 2 projects and Calliope 2 pre-production shipments. Gross margin was 64.5%, and operating loss was $6.8 million. The company's 3-year revenue pipeline expanded to approximately $480 million, with over half representing design-wins. For Q2 2025, management expects revenue between $8-9 million. Cash position stood at $45.9 million as of March 31, 2025, compared to $62.1 million at the end of 2024. The company anticipates revenue acceleration in H2 2025 and into 2026, supported by growing production projects and strong customer interest in their next-generation 5G eRedCap platforms.

Sequans Communications (NYSE: SQNS), a leading provider of 4G and 5G semiconductors and modules for the Internet of Things, has filed its Annual Report on Form 20-F for the year ended December 31, 2024 with the Securities and Exchange Commission.

The report is now accessible through multiple channels:

• The company's website www.sequans.com (Investors section under SEC Filings)
• The SEC's website www.sec.gov

Shareholders can request a free printed copy of the annual report, which includes complete 2024 audited financial statements, by either:

• Visiting the Investors section on Sequans' website
• Sending an email to IR@sequans.com

Sequans Communications (NYSE: SQNS), a leading provider of 4G and 5G semiconductors and modules for the Internet of Things, has scheduled its first quarter 2025 financial results release for Tuesday, May 6, 2025, during pre-market hours. The company will host a conference call at 8:00 a.m. ET/14:00 CET to discuss the results.

Investors can access the call through U.S. toll-free number 800-717-1738 or international number +1 646-307-1865 using access code 80940. A live and archived webcast will be available on Sequans' Investor Relations website, with an audio replay accessible until May 13, 2025.

Sequans Communications (NYSE: SQNS) has successfully regained compliance with NYSE listing standards after addressing previous deficiencies in market capitalization and share price requirements. The company had fallen below the NYSE's minimum thresholds of $50 million market capitalization and $1.00 per share price on April 9, 2024.

To restore compliance, Sequans implemented two key measures: First, they adjusted their ADS ratio effective October 9, 2024, equivalent to a 1-for-2.5 reverse stock split to boost trading price. Second, they completed a $200 million strategic transaction on September 30, 2024, which significantly increased stockholders' equity and market capitalization.

The NYSE has now confirmed that Sequans, a provider of 4G and 5G semiconductors and modules for IoT, is fully compliant with all applicable listing requirements.

Sequans Communications (NYSE: SQNS) announced that Coyote, Europe's leader in connected driver assistance services, has chosen Sequans Monarch technology for its new generation tracker, Coyote Nano 2.0. The device connects to cellular LPWA networks, particularly LTE-M, setting a new standard in vehicle tracking.

The Coyote Nano 2.0 is part of Coyote Secure, a stolen vehicle recovery service with a 91% recovery rate within 48 hours. The tracker features jamming resistance, tamper protection, and discrete installation capabilities. It incorporates multiple wireless communication systems and location services, operating effectively in challenging RF environments.

Key features include extensive European coverage, autonomous operation, and a target battery life of up to 5 years. The device was specifically designed to deliver robust, energy-efficient performance while maintaining advanced RF capabilities.

Sequans Communications (NYSE: SQNS) has unveiled its third-generation low-power semiconductor solution at Mobile World Congress 2025, introducing two new advanced chips to its Calliope and Monarch IoT product families. The new chips enable transition from 4G to 5G eRedCap, addressing IoT longevity challenges.

The Calliope 3 builds on Calliope 2 Cat 1bis, adding 5G NR eRedCap capabilities for fleet management, wearables, and security devices. The Monarch 3 enhances the LTE-M/NB-IoT Monarch 2 solution with 5G NR eRedCap support, targeting smart metering, healthcare, and asset tracking applications.

Both new chips offer footprint and software compatibility with their predecessors, featuring improvements in power consumption, integration, and cost efficiency. The development was supported by a French 2030 grant awarded in 2024. Sequans plans to begin providing samples to customers in 2026.

Sequans Communications (NYSE: SQNS), a leading provider of 4G and 5G semiconductors and modules for the Internet of Things, has announced its participation in the 37th Annual Roth Conference. The event will take place at The Laguna Cliffs Marriott in Laguna Beach, California, from March 16-18, 2025.

Company executives Georges Karam (President and CEO) and Deborah Choate (CFO) will engage in one-on-one meetings and host a fireside chat on Tuesday, March 18, from 1:30 p.m. to 1:55 p.m. PT in the 'Amber-Dana 3' room. Investors can access the management presentation webcast through the Events page on Sequans' website.

Sequans Communications (NYSE: SQNS) reported preliminary Q4 2024 financial results with revenue of $11.0 million, up 8.9% from Q3 2024 and 130.0% from Q4 2023. The company posted a Q4 net loss of $2.7 million ($0.11 per ADS). Full-year 2024 revenue reached $36.8 million with a net profit of $57.0 million.

The company completed a pivotal $200 million Qualcomm deal, strengthening its financial position and 4G business future. Product revenue doubled sequentially in Q4, while cash position stood at $62.1 million as of December 31, 2024, down from $173.6 million in Q3 due to debt repayment and transaction costs.

For Q1 2025, management expects revenue between $7-8 million, with product revenue contributing about 50%. The company aims to achieve operating income breakeven by 2026, supported by anticipated growth from Monarch 2 and Calliope 2 shipments in 2025.