Sequans Stock Discussion Message Board

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Technology Stocks : Sequans Stock Discussion

SQNS 6.210

+4.0%

3:59 PM EST

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To: y2k_yes who wrote (10)	7/28/2020 10:47:39 AM
From: GaryMi	Read Replies (1) of 222

Re: Good morning. $12.2 is not bad I agree with your sentiment. Not what I had hoped for with revenue, I was thinking $13M+. I was also disappointed that the satellite deal, which supposedly had a 90% chance of closing in Q2, really did not make any meaningful progress. Just another demonstration of Georges inability to accurately assess a situation. In general the dialog was pretty good but talk is cheap. Seems to be the same old story, "next year looks great". But there are some positive signs and they are forecasting 10% rev growth in Q3 for $13.4M. If they can meet that and grow again into Q4 I would be starting to feel pretty good. Still very opaque on volume of IoT shipments. More when I've read the transcript.

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