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.