The earnings results for the second quarter of Sequans Communications S.A. (NYSE:SQNS) are out in advance of the regular trading session.
The street is proceeding with caution when evaluating the figures, primarily due to the values outsmarted the market view
While the enterprise achieved a revenue of $9.68 million, it also sustained a loss of $0.09 per share during the quarter.
The figures outshined the street predicted $0.11 loss per share with the $8.1 million revenue.
The revenues grew 5.65 percent in comparison to the corresponding quarter of year ago.
The previous trading day saw Sequans Communications (SQNS) shares trading between $0.53 and $0.59, besides a volume of 149.60 thousand shares. The stock closed Thursday's regular trading session at $0.54, demonstrating 1.82 percent downfall.
