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Sequans Communications SA Issues Q4 2012 Guidance Below Analysts' Estimates

Thursday, 25 Oct 2012 06:00am EDT 

Sequans Communications SA announced that for the fourth quarter of 2012, it expects revenue to be in the range of $4-$6 million. Based on this revenue range, non-IFRS net loss per diluted share/ADS is expected to be between ($0.22) and ($0.26) for the fourth quarter of 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $9.9 million and EPS of $(0.75) for the fourth quarter of 2012. 

Company Quote

0.06 +2.91%
4:02pm EDT