Media headlines about Sequans Communications (NYSE:SQNS) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sequans Communications earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned news coverage about the semiconductor company an impact score of 46.956276097574 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Sequans Communications (NYSE:SQNS) traded up $0.03 during trading on Wednesday, reaching $1.84. 123,104 shares of the company’s stock traded hands, compared to its average volume of 416,654. Sequans Communications has a 52-week low of $1.44 and a 52-week high of $4.75. The company has a current ratio of 1.42, a quick ratio of 1.16 and a debt-to-equity ratio of 4.12.
Sequans Communications (NYSE:SQNS) last announced its earnings results on Tuesday, February 13th. The semiconductor company reported ($0.08) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.08). Sequans Communications had a negative net margin of 54.20% and a negative return on equity of 314.69%. The company had revenue of $11.30 million for the quarter, compared to analysts’ expectations of $11.20 million. During the same period last year, the firm earned ($0.06) earnings per share. The business’s revenue for the quarter was down 19.3% on a year-over-year basis. equities analysts forecast that Sequans Communications will post -0.24 earnings per share for the current fiscal year.
Sequans Communications Company Profile
Sequans Communications SA is a fabless designer, developer and supplier of fourth Generation long term evolution (4G LTE) semiconductor solutions for wireless broadband applications, with a specific focus on the single-mode device market. Its semiconductor solutions integrate baseband processor and radio frequency (RF) transceiver integrated circuits (ICs) along with its signal processing techniques, algorithms and software stacks.
Receive News & Ratings for Sequans Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sequans Communications and related companies with MarketBeat.com's FREE daily email newsletter.