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Wireless

Sequans Communications net loss narrows in Q3 

Friday 23 October 2015 | 14:24 CET | News
4G chipmaker Sequans Communications saw its third quarter revenues to 30 September increase 44.9 percent compared to the third quarter of 2014 to USD 9.4 million. Gross margin was 40.8 percent compared to 39.4 percent in the third quarter of 2014, due to both a more favorable revenue mix and higher product revenues allowing for a better absorption of fixed production costs. Operating loss was USD 4.2 million compared to an operating loss of USD 6.0 million in the second quarter of 2015 and an operating loss of USD 8.0 million in the third quarter of 2014, reflecting higher revenues, higher

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Categories: Mobile & Wireless
Companies: Sequans
Countries: World
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