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. 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.
Sequans and Soracom have expanded their partnership to simplify IoT development through new evaluation kits (EVKs) with integrated global IoT connectivity. The collaboration offers two EVK variants: LTE-M/NB-IoT (Sequans Monarch2 GM02S) featuring ultra-low power consumption for smart utilities and health tracking, and LTE Cat 1bis (Sequans Calliope2 GC02S1) for global coverage applications like connected vehicles and logistics.
Each kit includes a Soracom global IoT SIM card with 3-month preloaded connectivity, providing coverage in over 170 territories, including LTE-M coverage in 51 territories and NB-IoT coverage in 35. Users gain access to Soracom's connectivity solutions suite for security, data transmission, and remote device management. The EVKs are available through global distribution channels like Digikey and Mouser.
Sequans Communications (NYSE: SQNS) and Soracom have expanded their partnership to launch new IoT evaluation kits (EVKs) with integrated global connectivity. The collaboration offers two variants:
1. LTE-M/NB-IoT EVK featuring Sequans Monarch2 GM02S, designed for smart utility meters, industrial sensors, and health trackers
2. LTE Cat 1bis EVK with Sequans Calliope2 GC02S1, certified in North America and Europe, suitable for connected vehicles and logistics tracking
Each kit includes a Soracom global IoT SIM card with 3-month connectivity, providing coverage in over 170 territories, including LTE-M coverage in 51 territories and NB-IoT coverage in 35. The EVKs are available through Digikey and Mouser distribution channels.
Sequans Communications (NYSE: SQNS), a leading provider of 4G and 5G semiconductors and modules for the Internet of Things, has scheduled its Fourth Quarter and Year End 2024 financial results announcement for Tuesday, February 11, 2025, during pre-market hours.
The company will host a conference call at 8:00 a.m. ET / 14:00 CET following the announcement. Investors can access the call through U.S. toll-free number 800-717-1738 or internationally at +1 646-307-1865, using access code 06231.
A live and archived webcast will be available on the Investor Relations section of Sequans' website. An audio replay will be accessible until February 18, 2025, via toll-free number 844-512-2921 (U.S.) or +1 412-317-6671 (international) using access code 1106231.
Sequans Communications (NYSE: SQNS) has acquired ACP Advanced Circuit Pursuit AG, a Zurich-based company specializing in RF CMOS technology. The strategic acquisition aims to strengthen Sequans' technology leadership in 5G eRedCap development and accelerate time-to-market for next-generation IoT chips.
The cash transaction brings in ACP's robust IP portfolio and expertise, along with a small, highly skilled team, while maintaining minimal impact on Sequans' planned operating expenses for 2025. The acquisition is expected to generate modest revenue in 2025, with potential contributions of several million dollars in 2026 through ACP's existing customer relationships.
The merger combines ACP's advanced radio technology with Sequans' cellular IoT leadership, positioning the company to better capture opportunities in the expanding 5G eRedCap market, which is expected to surpass 4G IoT in scale.
Sequans Communications (NYSE: SQNS) has announced a partnership with GearTrack to integrate Sequans' Monarch 2 GM02S LTE-M/NB-IoT module into GearTrack's asset tracking solution. The collaboration aims to enhance supply chain management and asset tracking capabilities.
GearTrack's solution, featuring IP67-rated sensors, is designed to monitor and protect critical assets across supply chains, operating in both indoor and outdoor environments. The system integrates with enterprise systems including ERP, PLM, and MES to provide real-time data insights and customizable alerts.
The implementation of Sequans' Monarch module was chosen for its superior connectivity and power efficiency, enabling GearTrack to deliver improved asset management solutions that offer rapid ROI. The partnership focuses on providing seamless, energy-efficient connectivity for industrial asset tracking applications.
Sequans Communications (NYSE: SQNS) has announced its participation in the 27th Annual Needham Growth Conference, scheduled for January 14-16, 2025, at Lotte NY Palace Hotel in New York City. Georges Karam, President and CEO, and Deborah Choate, CFO, will represent the company, conducting one-on-one meetings and delivering a presentation on January 14 at 8:45 a.m. ET in the Stanford room. The presentation will be accessible via webcast on the company's website. Interested parties can schedule meetings through their Needham representatives.
Sequans Communications reported preliminary Q3 2024 financial results, highlighting receipt of $172 million from a strategic deal with Qualcomm and subsequent repayment of $85 million in debt. Revenue reached $10.1 million, up from $9.7 million in Q2 2024 and $7.8 million in Q3 2023. The company posted a net profit of $72.3 million, compared to losses in previous quarters. Gross margin was 82.5%. Management anticipates product revenue growth starting Q4 2024 and continuing into 2025, with breakeven expected in 2026. Operating expenses are targeted to decrease in 2025.
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 13th Annual ROTH Technology Conference. The event will take place at the Hard Rock Hotel in New York City on November 19-20, 2024.
Company executives Georges Karam (President and CEO) and Deborah Choate (CFO) will conduct one-on-one meetings on November 20. Interested parties are advised to contact their Roth representative for scheduling meetings, subject to conference organizers' optimization.
Sequans Communications S.A. (NYSE: SQNS), a leading provider of 4G and 5G semiconductors and modules for the Internet of Things, has announced its upcoming conference call to review third quarter 2024 financial results. The call is scheduled for Tuesday, November 5, 2024, at 8:00 a.m. ET.
Key details include:
- Financial results release: Pre-market hours on November 5, 2024
- Conference call time: 8:00 a.m. ET / 14:00 CET
- U.S. toll-free dial-in: 800-717-1738
- International dial-in: +1 646-307-1865
- Access code: 1178271
A live and archived webcast will be available on the Sequans website. An audio replay will be accessible until November 12, 2024.
Sequans Communications S.A. (NYSE: SQNS) announces that Building36, an Alarm.com company, has chosen Sequans Monarch® 2 GM02S module to power its new Smart Thermostat HQ. The thermostat, launched on October 2, 2024, features cellular connectivity, eliminating WiFi-related issues. Key features include:
- One-step customer setup
- Built-in smart home hub
- Near-instant connection
The Monarch module's ultra-low power consumption and robust LTE-M/NB-IoT connectivity ensure reliable communication and enhanced energy management. This collaboration aims to simplify installation for HVAC contractors and provide homeowners with a more reliable, energy-efficient smart home experience.