Sequans Communications Reports Q4 Loss, Posts Annual Profit

COLOMBES, France (AP) - Sequans Communications SA (SQNS) reported a Q4 loss of $2.7 million, with a per-share loss of 11 cents. Adjusted for non-recurring costs, the loss was 8 cents per share.

Revenue for the period stood at $11 million.

For the full year, Sequans reported a profit of $57 million or $2.01 per share, on revenue of $36.8 million.