Overview
Sequans Q2 2025 revenue falls 15.8% yr/yr
Net loss for Q2 widens to $9.1 mln, diluted loss per ADS at $0.36
Co launches Bitcoin Treasury strategy, acquiring 3,072 Bitcoin
Outlook
Company to share long-term Bitcoin treasury plans by end of current qtr
Company aims for breakeven operating income in 2026
Result Drivers
BITCOIN TREASURY STRATEGY - Sequans launched a Bitcoin Treasury strategy, acquiring 3,072 Bitcoin, with expectations of long-term shareholder value, per CEO Dr. Georges Karam
RESTRUCTURING COSTS - Operating loss reflects non-recurring items including restructuring costs and advisory fees related to major transactions
IOT BUSINESS IMPROVEMENT - Product revenue increased 10.3% qtr/qtr and 59.0% yr/yr, indicating improvement in IoT business
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Miss | $8.10 mln | $8.50 mln (1 Analyst) |
Q2 Net Income | -$9.10 mln | ||
Q2 Gross Margin | 64.4% | ||
Q2 Operating Income | -$8.70 mln |
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the semiconductors peer group is "buy"
Wall Street's median 12-month price target for Sequans Communications SA is $7.50, about 82% above its July 30 closing price of $1.35
Press Release: ID:nNFCbfnFz0
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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