Sequans CommunicationsSQNS
What Sequans Communications does.
We are a fabless designer, developer and supplier of semiconductor solutions primarily for the IoT markets. We offer a comprehensive set of cellular IoT 5G/4G chips and modules fully optimized for non-smartphone devices. Since the acquisition of ACP, we also provide RF transceivers for Software Defined Radio applications as well as advanced design services and technology licensing.
IoT applications usually have low data transmission needs and require technology extremely optimized in power consumption and cost to enable massive deployment. It covers applications such as smart mobility and logistics, smart utility meters, smart cities, smart industries, e-health and wellness, and smart homes to name few. Our product portfolio is composed
of chips, or integrated circuits (IC) of baseband processors and radio frequency (RF) transceivers, as well as IoT modules that incorporate these chips along with radio front end subsystem, and rich software that includes advanced modem and signal processing code as well as protocol stack and higher-layer applications. Our goal is to deliver an advanced set of features with technology optimized to address the IoT requirements: power, size, high reliability and advanced security algorithms at a competitive price.
Revenue and profit, by fiscal year.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Net income | -$36.7M | -$54.5M | -$20.3M | -$9.0M | -$41.0M | $57.6M |
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Figures from Sequans Communications's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.