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Technology Stocks : Sequans Stock Discussion
SQNS 7.140-2.7%9:30 AM EST
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To: w0z who wrote (84)10/27/2020 10:50:22 AM
From: GaryMi2 Recommendations

Recommended By
JCnieuwenj
The Ox

   of 222
 
RE: Sequans Communications EPS misses by $0.06, beats on revenue

They were about $900,000 light on "Other Revenue" compared to last quarter. Without the 5G effort they seem to have nothing else in this arena. Can't ever fire on all cylinders. All in all it was a decent quarter by Sequans standards but clearly the market expected more.

The call was pretty positive but I did not hear anything that is going to lift revenue substantially in the next 9 months. At best CBRS ($5M) and emerging markets ($5M) might replace the inevitable revenue lost as hotspot demand wanes, but even that seems optimistic.

Sick of waiting.
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