Sequans Communications S.A. (SQNS) is based in Paris, France, and develops, designs, and supplies 5G and 4G modules and chips for massive, broadband, and critical Internet of Things (IoT) markets that are "fully optimized for non-smartphone devices.” The company’s product portfolio consists of integrated circuits (IC) of baseband processors and radio frequency (RF) transceivers, machine-to-machine (M2M) modules that incorporate these ICs along with radio front-end subsystems, and software. First Quarter Results and Q2 Outlook In the first quarter, the company posted revenues of $12.3 million, a jump of 40% year-over-year. Losses narrowed from $15.3 million in the first quarter of FY20 to $11.4 million in Q1 FY21.
https://www.tipranks.com/news/article/sequans-communications-a-5g-chip-stock-with-triple-digit-upside
Sequans Communications (NYSE:SQNS)
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