Sequans Communications S.A. (NYSE: SQNS) has announced that it will be releasing its financial results for the third quarter of 2024 on Tuesday 5th November 2024. The report will be made available before market open, allowing investors and analysts to evaluate the company's performance during this period.
According to the predictions of financial experts on Wall Street, the organization is expected to announce an anticipated $0.37 loss per share for the quarter. Further, the firm is poised to disclose a total revenue of $4.8 million for the period.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $25.9 million. Additionally, they are expecting the company to achieve a per share loss of $1.2 for the fiscal year 2024.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a loss of $0.12 per share. This number was attributed to the company's total revenue, which settled at an impressive $7.79 million during the same period.
SQNS has scheduled a conference call on 5th November 2024 at 08:00 AM eastern time to discuss the third quarter financial results and other related information.
Sequans Communications S.A. (SQNS) closed Friday's regular trading session at $2.60, reflecting a 8.33 percent rise. During the day, SQNS shares traded between $2.36 and $2.61, with a day volume of 191.10 thousand shares.
