Benzinga | Nov 2, 2021 10:44AM EDT

Sequans Communications Q3 Adj. EPS $(0.14) Beats $(0.19) Estimate, Sales $11.90M Miss $12.33M Estimate

Sequans Communications (NYSE:SQNS) reported quarterly losses of $(0.14) per share which beat the analyst consensus estimate of $(0.19) by 26.32 percent. This is a 50 percent increase over losses of $(0.28) per share from the same period last year. The company reported quarterly sales of $11.90 million which missed the analyst consensus estimate of $12.33 million by 3.49 percent. This is a 15.73 percent decrease over sales of $14.12 million the same period last year.