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Sequans: 4Q Earnings Snapshot

February 11, 2020 GMT

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SQNS at https://www.zacks.com/ap/SQNS