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Sequans Communications S a (SQNS) |
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EARNINGS REPORT by CSIMarket
Losses Widen, Sales very Strong
Sequans Communications S A announced fourth quarter 2020 earnings season operating shortfall of $-24.686 millions
![Inside_a_computer_By_nrkbeta_(originally_posted_to_Flickr_as_Maskinvare)__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Common](../news/img/semiconductors/Inside_a_computer_By_nrkbeta_(originally_posted_to_Flickr_as_Maskinvare)__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Common.jpg "Inside_a_computer_By_nrkbeta_(originally_posted_to_Flickr_as_Maskinvare)__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Common") For the fourth quarter 2020 earnings season Sequans Communications S A increased losses of $ -0.48 per share compare to $ -0.39 a year ago and from $0.00 per share from the previous quarter. Sales grew strongly by 60.93 % to $ 77 millions from $48 millions in the same quarter a year ago and sequentially from $0 millions. For the fourth quarter 2020 earnings season Sequans Communications S A realized net loss of $ -54.476 million, bigger than $ -36.700 million a year ago. Sequans Communications S A announced net loss of $ -54 millions and Sales of $ 77 millions in the fiscal year 2020. Net loss per share has widen to $-0.48 from $-0.39 in previous fiscal year, while Sales surged by 60.93 % from $48 millions a year ago. Sequans Communications S A is expected to report next financial results on March 31, 2022.
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