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Wireless

Sequans revenues slide 19% to USD 11.3 mln in December quarter

Tuesday 13 February 2018 | 16:02 CET | News
4G chipmaker Sequans Communications reported revenues for the fourth quarter down 18.9 percent year-on-year to USD 11.3 million, reflecting decreases in both product and other revenue. Gross margin increased to 41.7 percent compared to 38.2 percent in the fourth quarter of 2016, reflecting primarily an increase in the proportion of module sales in the revenue mix compared to the prior quarter and an increase in the proportion of other revenue in the revenue mix, the company said.

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Categories: Mobile & Wireless
Companies: Sequans
Countries: World
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