Bitcoin-focused company Sequans Communications' Q2 revenue falls 15.8%

Reuters
31 Jul
Bitcoin-focused company <a href="https://laohu8.com/S/SQNS">Sequans Communications</a>' <a href="https://laohu8.com/S/QTWO">Q2</a> revenue falls 15.8%

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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