Earnings ·
Sequans Communications reported preliminary unaudited financial results for the second quarter ended June 30, 2026
SQNSSequans Communications
Sequans Communications reported preliminary unaudited financial results for the second quarter ended June 30, 2026. Revenue increased 23.2% to $7.5 million from $6.1 million in Q1 2026 and decreased 8.4% compared to $8.1 million in Q2 2025. The company reported a net loss of $9.8 million, or ($0.65) per diluted ADS, narrowing significantly from the $76.2 million loss in Q1 2026 and comparable to the $9.0 million loss in Q2 2025. Operating loss improved to $7.2 million from $50.5 million in the prior quarter. The company ended the quarter with $21 million in cash and 314 Bitcoin, having fully redeemed its convertible debt earlier in the year. Sequans Communications is a fabless semiconductor company specializing in wireless 4G/5G cellular technology for the Internet of Things (IoT) and RF transceiver solutions.