Welcome to our dedicated page for Sequans Communications S A news (Ticker: SQNS), a resource for investors and traders seeking the latest updates and insights on Sequans Communications S A stock.
Sequans Communications S.A. (NYSE: SQNS) is a leading designer of cellular IoT chips and modules, enabling 4G/5G connectivity for global industries. This page aggregates all company announcements, financial updates, and technology developments in one centralized location.
Investors and industry professionals will find timely updates on earnings reports, product launches, and strategic partnerships. Our curated collection includes press releases covering technological innovations, market expansions, and corporate milestones relevant to SQNS stakeholders.
Key content categories include quarterly financial results, IoT semiconductor advancements, licensing agreements, and operational updates. All materials are sourced directly from Sequans' communications and verified financial channels to ensure reliability.
Bookmark this page for streamlined access to Sequans' latest developments in cellular connectivity solutions. Check back regularly for real-time updates that matter to your investment and market analysis decisions.
Sequans Communications S.A. (NYSE: SQNS) announced a $50 million private financing with Lynrock Lake Master Fund LP, including $10 million in American Depository Shares and $40 million in convertible debt. The financing, which closes on April 9, 2021, aims to strengthen Sequans' balance sheet and support its Massive IoT business. The proceeds will be used to repay existing debt and for general corporate purposes. Lynrock Lake, an existing shareholder, emphasizes the partnership's alignment with Sequans' 5G development goals.
Sequans Communications S.A. (NYSE: SQNS) has filed its Annual Report on Form 20-F for the year ended December 31, 2020, with the SEC. The report, which includes the company's complete audited financial statements for 2020, is accessible on Sequans' website and the SEC’s site. Shareholders can request a printed version of the report free of charge. Sequans, established in 2003 and headquartered in Paris, specializes in 5G and 4G solutions for various IoT applications, offering a diversified portfolio of chips and modules.
Sequans Communications (NYSE: SQNS) will release its financial results for Q1 2021 on April 27, 2021, before market open. Management will hold a conference call at 8:00 a.m. ET to discuss the results. Investors can access the live and archived webcast on Sequans' website. The company specializes in 5G and 4G solutions for IoT applications and offers products with low power consumption and global deployment capabilities. Founded in 2003 and based in Paris, Sequans operates globally with multiple offices.
Sequans Communications (NYSE: SQNS) has established a new R&D subsidiary in Salo, Finland, to enhance its 5G and 4G IoT semiconductor solutions. This move aims to leverage the local talent in wireless engineering and is expected to triple the team size by year-end. The new facility is Sequans' eleventh global site and will collaborate closely with its main R&D team in Paris. Sequans continues to lead in massive IoT technology, recently launching the second generation of its 5G-ready platforms and developing the upcoming 5G Taurus broadband IoT platform.
Sequans Communications S.A. (NYSE: SQNS) reported its financial results for the fourth quarter and full-year 2020. Fourth Quarter Highlights: Revenue reached $15.8 million, increasing 11.8% quarter-over-quarter and 58.4% year-over-year. Full-Year Revenue: Totaled $50.9 million, a 65.0% rise from 2019. Gross Margin: Stood at 45.1%, up from 42.0% in Q3 2020 but down from 51.2% in Q4 2019. Net Loss: Registered at $11.3 million, with a full-year loss of $54.5 million. Cash Position: Decreased to $18.5 million from $25.3 million in Q3 2020.
Sequans Communications (NYSE: SQNS) has partnered with AMIT Wireless to launch two new connectivity devices aimed at enhancing distance learning capabilities. Both devices utilize Sequans' Cassiopeia CB610L module, optimized for CBRS OnGo networks in the USA. They include a USB dongle (IDG120-C6U01) that connects laptops to these networks and a cellular WAN extender (IDG500-C6012) for Ethernet equipment. The collaboration addresses the growing demand for reliable distance learning solutions amid the pandemic.
Sequans Communications (NYSE: SQNS) has secured a multi-million dollar grant from the French government to enhance strategic technological initiatives in 5G. The funding, part of a national recovery plan, supports the development of 5G technology solutions within a consortium of seven French companies, aimed at critical IoT applications across various industries. CEO Georges Karam emphasized the importance of this funding in accelerating market readiness for advanced 5G connectivity solutions that will benefit the economy and industry.
Sequans Communications (NYSE: SQNS) announced an extension of its partnership with Thales, leveraging Sequans' Monarch 2 and Calliope 2 platforms for new Cinterion IoT LTE-M/NB-IoT and Cat 1 modules. The collaboration, which began in 2015, aims to enhance cellular IoT connectivity. The Monarch 2 chip offers significant power savings and advanced security features, while Calliope 2 supports voice and data services. This agreement reinforces Sequans' position in the IoT market, providing innovative solutions for a growing customer base.
Sequans Communications (NYSE: SQNS) and e-peas have demonstrated a self-powered cellular IoT connectivity solution integrating e-peas' AEM energy harvesting IC with Sequans' Monarch LTE-M/NB-IoT platform. This technology enables IoT devices to operate indefinitely without batteries, enhancing sustainability and reducing operational costs. Utilizing a small photovoltaic cell, the system can collect and transmit data up to eight times per day while remaining energy self-sufficient. A reference design is being offered for IoT companies to develop similar energy-harvesting devices.
Sequans Communications S.A. (NYSE: SQNS) is hosting a virtual analyst/investor event today at 9:00 a.m. EST, featuring presentations by CEO Georges Karam and CFO Deborah Choate, followed by a Q&A session. The company plans to reaffirm its guidance for Q4 2020, projecting a revenue increase of at least 10% from the previous quarter's $14.1 million, reflecting a growth rate exceeding 60% for the full year compared to 2019. The webcast can be accessed through their investor relations website.
