Sequans Communications (NYSE:SQNS) reported its Q1 earnings results on Tuesday, May 3, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Sequans Communications beat estimated earnings by 63.64%, reporting an EPS of $-0.04 versus an estimate of $-0.11.
Revenue was up $1.57 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 0.23% drop in the share price the next day.
Here's a look at Sequans Communications's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.19 | -0.17 | -0.21 |
| EPS Actual | -0.09 | -0.14 | -0.15 | -0.15 |
| Revenue Estimate | 13.69M | 12.33M | 13.56M | 13.79M |
| Revenue Actual | 13.81M | 11.89M | 12.86M | 12.32M |
To track all earnings releases for Sequans Communications visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
