Sequans Communications Unaudited Third Quarter 2026 Preliminary Financial Results
Sequans reported preliminary Q3 2026 revenue of $9.1 million, up 182.8% year-over-year and 21.9% sequentially, driven by product sales that more than quadrupled versus the prior year. Losses narrowed sharply: operating loss fell to $1.0 million from $24.4 million a year ago, net loss was $1.5 million (non-IFRS net loss $0.6 million, or ($0.04) per ADS), and gross margin improved to 33.0% from 25.3%. The company completed its Bitcoin treasury exit, selling 314 BTC previously valued at $18.4 million, ending the quarter with $39.7 million in cash and short-term deposits and a nearly debt-free balance sheet.
Key figures
- Revenue
- 9090000
- Guidance
- No formal guidance; management noted backlog extends into H2 2027
- Revenue Yoy
- 182.8%
- Net loss
- 1500000
- Revenue qoq
- 21.9%
- Gross margin
- 33.0%
- Gross profit
- 3000000
- Operating loss
- 1000000
- Bitcoin holdings
- 0 (exited; 314 BTC worth $18.4M sold during Q3)
- Non ifrs net loss
- 600000
- Realized bitcoin gain q3
- 6200000
- Cash and short term deposits
- 39700000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.