Benzinga | Apr 27, 2021 06:11AM EDT

Sequans Communications Q1 Adj. EPS $(0.15) Beats $(0.21) Estimate, Sales $12.32M Miss $13.79M Estimate

Sequans Communications (NYSE:SQNS) reported quarterly losses of $(0.15) per share which beat the analyst consensus estimate of $(0.21) by 28.57 percent. This is a 58.33 percent increase over losses of $(0.36) per share from the same period last year. The company reported quarterly sales of $12.32 million which missed the analyst consensus estimate of $13.79 million by 10.65 percent. This is a 40.46 percent increase over sales of $8.77 million the same period last year.