Sequans: Q4 Earnings Snapshot
By AP News
Published - Mar 07, 2024, 08:39 AM ET
Last Updated - Mar 07, 2024, 08:39 AM EST
COLOMBES, France (AP) — COLOMBES, France (AP) — Sequans Communications SA (SQNS) on Thursday reported a loss of $17.3 million in its fourth quarter.
On a per-share basis, the Colombes, France-based company said it had a loss of 28 cents. Losses, adjusted for stock option expense and non-recurring costs, were 23 cents per share.
The chip company posted revenue of $4.8 million in the period.
For the year, the company reported a loss of $41 million, or 73 cents per share. Revenue was reported as $33.6 million.