Sequans cuts Q4 revenue to $3.1M from $4M-$6M, consensus $4.88M The company said the Q4 update in expectations is primarily due to a delay in finalizing an agreement related to a new design win. The related impact on non-IFRS loss per diluted share/ADS is an estimated increase in the loss per share by up to 2c. The company had previously indicated that Q4 revenue was expected to be in the range of $4M-$6M, with a non-IRFS net loss per diluted share/ADS between (26c)-(22c).
News For SQNS From The Last 14 Days
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