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Sequans trims Q1 revenue guidance in view of Covid-19

Wednesday 1 April 2020 | 09:57 CET | News
Sequans Communications has updated its financial outlook for the three months to March due to the impact of the Covid-19 crisis, saying that it expects revenues to fall slightly quarter-on-quarter to USD 8.7-8.8 million, from USD 9.2 million generated in the December quarter. In its previous revenue guidance, issued in February, the company was targeting flat to slightly higher revenues sequentially.

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Categories: Mobile & Wireless
Companies: Sequans
Countries: World
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