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Sequans moves back to profit in Q3, sees sequentially higher revenues going forward

Tuesday 2 November 2021 | 16:29 CET | News
IoT chipmaker Sequans Communications moved back to profit in the third quarter, with its net result moving to a gain of USD 0.2 million from a loss of 9.0 million, despite revenues declining to USD 11.9 million from 14.1 million the year earlier and despite continuing supply chain constraints. Excluding last year 's Jetpack contribution, absent this year, revenues jumped 106 percent year-on-year.

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Categories: Mobile & Wireless
Companies: Sequans
Countries: World
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