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Wireless

Sequans posts 9.6% revenue drop, USD 8.7 million net loss in Q1

Wednesday 2 May 2018 | 15:05 CET | News
Chipmaker Sequans Communications reported first quarter revenues down 9.6 percent year-on-year to USD 11.2 million (-18.9% in Q4 2017). Following this third consecutive drop in revenues, the company expects an improved performance in the second quarter, guiding for USD 12.5-14.5 million, from USD 13.2 million posted in Q2 2017.

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Categories: Mobile & Wireless
Companies: Sequans
Countries: World
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