Sequans: 3Q Earnings Snapshot
COLOMBES, France (AP) _ Sequans Communications SA (SQNS) on Wednesday reported a loss of $8.7 million in its third quarter.
The Colombes, France-based company said it had a loss of 9 cents per share. Losses, adjusted for non-recurring costs and stock option expense, were 8 cents per share.
The chip company posted revenue of $7.5 million in the period.
The company’s shares closed at 89 cents. A year ago, they were trading at $1.20.