
Nov 3, 2026
Sequans Q3 Revenue Jumps 183% to $9.1 Million as Losses Narrow and Bitcoin Holdings Are Eliminated
Sequans Communications S.A. (NYSE:SQNS) reported a significant increase in Q3 2026 revenue to $9.1 million, a 183% jump year-over-year, driven by stronger product sales and improved gross margins. The company also substantially narrowed its operating and net losses, partly due to a $6.2 million gain from exiting its Bitcoin treasury strategy and eliminating $94.5 million in convertible debt. Despite these improvements, the nine-month IFRS net loss of $87.5 million highlights the impact of noncash charges from restructuring and digital asset activities.
Company relevance
100.00%
Company sentiment
Somewhat-Bullish
Overall sentiment
Somewhat-Bullish

Nov 3, 2026
Sequans: Q3 Earnings Snapshot
Sequans Communications SA (SQNS) reported a third-quarter loss of $1.5 million, or 10 cents per share, which adjusted to 4 cents per share. This performance exceeded Wall Street expectations, as analysts surveyed by Zacks Investment Research had predicted a loss of 54 cents per share. The chip company also surpassed revenue forecasts, posting $9.1 million against an expected $9 million.
Company relevance
100.00%
Company sentiment
Bullish
Overall sentiment
Bullish