Sequans Communications’s (NYSE: SQNS) second quarter financial results release is scheduled for Friday 23rd August 2024, before the market opens. Investors and analysts will be able to assess the company’s performance during the quarter.
The latest projections from financial analysts on Wall Street suggest that the business is likely to reveal an estimated $0.11 loss per share for the quarter. Additionally, the company is expected to announce revenueS of $8.1 million for the period.
During the same quarter of the previous year, the company’s earnings report indicated a per-share loss of $0.1. This noteworthy figure was a direct outcome of the company’s total revenue, which reached an impressive $9.16 million during that specific period.
Financial analysts have shared their forecasts for the company’s annual performance, indicating their belief that the company will achieve a total revenue of $37.2 million. Additionally, they predict that the earnings per share for the company will hit loss of $0.4 by the end of the fiscal year.
Thursday’s trading saw Sequans Communications (SQNS) shares hit a low of $0.53 and a high of $0.59, with a day volume of 149.60 thousand shares. The stock closed the regular trading session at $0.54, indicating 1.82 percent fall.
