Investing.com - Sequans Communications reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Sequans Communications announced earnings per share of $-0.28 on revenue of $15.8M. Analysts polled by Investing.com anticipated EPS of $-0.258 on revenue of $15.55M.
Sequans Communications shares are up 43.38% from the beginning of the year and are trading at $8.66 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Sequans Communications follows other major Technology sector earnings this month
Sequans Communications's report follows an earnings beat by Apple on January 27, who reported EPS of $1.68 on revenue of $111.44B, compared to forecasts EPS of $1.42 on revenue of $103.27B.
Microsoft had beat expectations on January 26 with second quarter EPS of $2.03 on revenue of $43.08B, compared to forecast for EPS of $1.64 on revenue of $40.22B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar