Sequans: 4Q Earnings Snapshot
COLOMBES, France (AP) _ Sequans Communications SA (SQNS) on Tuesday reported a loss of $8.5 million in its fourth quarter.
On a per-share basis, the Colombes, France-based company said it had a loss of 36 cents. Losses, adjusted for one-time gains and costs, came to 30 cents per share.
The chip company posted revenue of $9.2 million in the period.
For the year, the company reported that its loss narrowed to $36.1 million, or $1.52 per share. Revenue was reported as $30.9 million.
The company’s shares closed at $4.15. A year ago, they were trading at $3.60.