Sequans Communications S.A.
NYSE•SQNS
CEO: Dr. Georges Karam
Sector: Technology
Industry: Semiconductors
Listing Date: 2011-04-19
Sequans Communications S.A. engages in the fabless designing, developing, and supplying of cellular semiconductor solutions for massive and broadband internet of things markets in Taiwan, Korea, China, rest of Asia, Germany, the United States, and internationally. It offers baseband solutions for use in encoding and decoding data based on 4G and 5G protocols for wireless processing platform for a cellular device; RF transceivers used to transmit and receive wireless transmissions; highly integrated system-on-chip solutions that combine various functions into a single die or package; and LTE modules. The company also provides software, including source code and tools to enable manufacturers to integrate solutions into their devices; and design support services. It serves OEMs and ODMs customers, as well as 4G and 5G wireless carriers. Sequans Communications S.A. was incorporated in 2003 and is headquartered in Paris, France.
Contact Information
Portes de la DEfense, 15-55, Boulevard Charles de Gaulle Colombes, Paris, 92700, France
33-1-70-72-16-00
Market Cap
$49.32M
P/E (TTM)
-0.4
35.2
Dividend Yield
--
52W High
$58.30
52W Low
$2.72
52W Range
Rank60Top 89.2%
2.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$6.96M+0.00%
4-Quarter Trend
EPS
-$6.30+0.00%
4-Quarter Trend
FCF
-$2.21M+0.00%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Net Profit Reaches $57.6M Recorded net profit of $57.6M in 2024, reversing prior year loss; driven by $153.1M gain on 4G asset sale.
Massive IoT Product Revenue Product revenue increased 49% to $12.0M in 2024; Massive IoT sales grew 45% to $11.3M, supporting growth.
Strong Gross Margin Performance Gross profit rose 15% to $27.7M; gross margin percentage improved to 75% from 71.8% in 2023.
Cash Position Significantly Improved Cash and deposits reached $62.1M by year-end 2024, following $172M net cash proceeds from Qualcomm transaction.
Risk Factors
Internal Control Material Weaknesses Identified material weaknesses in 2024 internal controls over financial reporting; remediation efforts are ongoing but success is not assured.
High Customer Revenue Concentration Top ten customers accounted for 97% of total revenue in 2024; loss of key customer severely harms financial condition.
Sustaining Future Profitability History of losses; must generate substantially increased revenue to achieve sustained profitability after significant 2024 asset sale gain.
Rapid Technological Obsolescence Industry faces rapid technological change; failure to anticipate shifts or develop new products risks decreased revenue and market share.
Outlook
Focus on 5G eRedCap Development Intends to capitalize 5G eRedCap development costs in 2025; roadmap shifts focus to lower-power 5G IoT variants.
Lower Operating Expenses Expected Expect cash operating expenses to be lower in 2025 due to headcount reduction and strategy change post-Qualcomm deal.
Next Generation Product Launch Currently developing Monarch 3 and Calliope 3 semiconductors, integrating 5G eRedCap features to enhance performance.
Liquidity Position Adequate Available cash balances are sufficient to satisfy liquidity requirements for at least the next twelve months based on internal forecasts.
Peer Comparison
Revenue (TTM)
$545.94M
$390.30M
$256.81M
Gross Margin (Latest Quarter)
60.5%
45.2%
43.9%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| AXTI | $2.18B | -102.6 | -10.4% | 15.1% |
| LTRX | $235.77M | -25.3 | -12.4% | 15.0% |
| ZEPP | $212.26M | -0.4 | -17.9% | 40.4% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-4.8%
Flat Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Deep Research
Next earnings:May 4, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data