OverviewSuggest Edit

Sequans Communications is a developer and provider of 5G and 4G solutions for wireless, broadband, and Internet of things (IoT) applications. It offers LTE-M, NB-IoT, and LTE Cat chips, modules, and developer kits. The company also provides custom technology solutions.
TypePublic
Founded2003
HQColombes, FR
Websitesequans.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Dec 2020)243(+17%)
Job Openings21
Revenue (FY, 2020)$50.9 M(+65%)
Share Price (Jan 2022)$5.2(+5%)
Cybersecurity ratingBMore
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Key People/Management at Sequans Communications

Georges Karam

Georges Karam

President and Chief Executive Officer, Chairman
Deborah Choate

Deborah Choate

Chief Financial Officer
Danny Kedar

Danny Kedar

Chief Operating Officer
Bertrand Debray

Bertrand Debray

Executive Vice President and GM, Broadband IoT
Didier Dutronc

Didier Dutronc

Executive Vice President and GM, Massive IoT
Nick Taluja

Nick Taluja

Executive Vice President, Worldwide Sales
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Sequans Communications Office Locations

Sequans Communications has offices in Colombes, Sophia-Antipolis, Bedminster, Burnsville and in 8 other locations
Colombes, FR (HQ)
15-55, Boulevard Charles de Gaulle
Colombes, FR
1 Rue de Mantes
Sophia-Antipolis, FR
400 Avenue Roumanille
Shenzhen, CN
B2-2,B3 17th Floor, Yanxiang building, No 31 Gaoxin Zhongsi Road
Salo, FI
Joensuunkatu 7
Hong Kong, HK
98 Repulse Bay Rd
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Sequans Communications Financials and Metrics

Sequans Communications Revenue

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Sequans Communications's revenue was reported to be $50.92 m in FY, 2020 which is a 65% increase from the previous period.
USD

Revenue (FY, 2020)

50.9m

Revenue growth (FY, 2019 - FY, 2020), %

65%

Gross profit (FY, 2020)

23.5m

Gross profit margin (FY, 2020), %

46.1%

Net income (FY, 2020)

(54.5m)

EBIT (FY, 2020)

(24.7m)

Market capitalization (11-Jan-2022)

185.5m

Closing stock price (11-Jan-2022)

5.2

Cash (31-Dec-2020)

7.6m

EV

259.7m
Sequans Communications's current market capitalization is $185.5 m.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

40.3m30.9m50.9m

Revenue growth, %

(17%)(23%)65%

Cost of goods sold

24.4m18.5m27.5m

Gross profit

15.9m12.4m23.5m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

11.2m12.7m10.3m7.0m8.1m7.5m8.8m12.2m14.1m

Cost of goods sold

6.6m7.7m6.7m4.1m4.9m4.6m4.3m6.3m8.2m

Gross profit

4.7m5.0m3.6m2.9m3.3m2.8m4.5m5.9m5.9m

Gross profit Margin, %

42%39%35%41%40%38%51%48%42%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

12.1m14.1m7.6m

Accounts Receivable

13.2m8.4m17.3m

Prepaid Expenses

3.2m2.6m962.0k

Inventories

8.2m6.7m6.2m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

14.6m6.7m5.2m7.6m5.9m6.3m5.1m17.6m10.4m

Accounts Receivable

17.5m21.4m20.8m8.3m12.5m11.9m8.8m10.7m14.1m

Prepaid Expenses

3.2m3.4m3.4m4.4m4.1m4.0m6.8m7.8m1.2m

Inventories

7.4m7.7m7.3m7.6m6.9m7.4m6.1m5.9m5.8m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(36.2m)(36.7m)(54.5m)

Depreciation and Amortization

6.2m8.4m9.8m

Inventories

(867.0k)1.6m439.0k

Accounts Payable

(3.9m)(705.0k)6.2m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(8.7m)(16.8m)(26.8m)(9.0m)(17.9m)(26.6m)(10.6m)(34.2m)(43.2m)

Depreciation and Amortization

1.5m3.1m4.7m2.3m4.3m6.2m2.2m4.6m7.2m

Inventories

8.0k(279.0k)89.0k604.0k1.4m847.0k518.0k802.0k863.0k

Accounts Payable

(3.3m)(1.0m)114.0k(2.5m)(1.4m)466.0k1.4m4.3m5.8m
USDQ1, 2018

Debt/Equity

1.8 x

Debt/Assets

0.4 x

Financial Leverage

4 x
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Sequans Communications Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Patents (Foreign)

151720222222

Patents (US)

212834363741

Patents Pending

433631354014
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Sequans Communications Acquisitions / Subsidiaries

Company NameDateDeal Size
Sequans Communications Inc.
Sequans Communications (Israel) Ltd.
Sequans Communications Ltd.
Sequans Communications Ltd. Pte.

Sequans Communications Revenue Breakdown

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Sequans Communications revenue breakdown by business segment: 74.5% from Product and 25.5% from Other

Human Capital Metrics

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Sequans Communications Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Sequans Communications Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

30-39

out of 100

CSRHub logo

Sequans Communications Online and Social Media Presence

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Sequans Communications News and Updates

Sequans to Participate in the 10th Annual Roth Technology Conference

Sequans Communications S.A. (NYSE: SQNS), leading developer and provider of 5G and 4G solutions for broadband, critical, and massive IoT, announced today that Georges Karam, CEO and Deborah Choate, CFO, will participate in the 10th Annual Roth Technology Conference being held virtually November 17-1…

Sequans to Participate in the 10th Annual Roth Technology Conference

Sequans Communications S.A. (NYSE: SQNS), leading developer and provider of 5G and 4G solutions for broadband, critical, and massive IoT, announced today that Georges Karam, CEO and Deborah Choate, CFO, will participate in the 10th Annual Roth Technology Conference being held virtually November 17-1…

Sequans Communications Announces Third Quarter 2021 Financial Results

Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G chips and modules, today announced financial results for the third quarter ended September 30, 2021.

Sequans Communications Announces Third Quarter 2021 Financial Results

Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G chips and modules, today announced financial results for the third quarter ended September 30, 2021.

Sequans Communications Q3 2021 Earnings Preview

Sequans Communications (NYSE:SQNS) is scheduled to announce Q3 earnings results on Tuesday, November 2nd, before market open.

New qastle Smart Alarm Controller for Home Security

Sequans Communications S.A. (NYSE: SQNS) and startup qastle have LTE-enabled qastle’s new Smart Alarm™ Controller, which allows a DIY homeowner to upgrade their wired alarm system to a smart wired alarm system—using all their existing wired sensors and devices—by simply replacing the existing alarm …
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Sequans Communications Blogs

The Importance of LTE Cat 1 and its Position in the 4G/5G Landscape

New white paper now available from Sequans’ technologists Sequans recently introduced a line of cellular IoT modules based on its second-generation Cat 1 Calliope 2 chip. The new modules are ideal for those applications such as alarms and wearables or hearables that need throughput higher than LTE-M…

Please join us at CES 2022, January 5-8

We are excited to welcome in 2022 and to meet our IoT customers and colleagues in person at CES! We have a private meeting room at the Venetian, Toscana 3603, which is conveniently located on the third level on your way to the Venetian Expo exhibits in the TECH WEST area of CES. Our team ... Read mo…

Meet Us in Los Angeles at MWC 2021!

Meet Us in Los Angeles at MWC 2021! We are excited to be returning to Los Angeles this year for MWC and look forward to seeing our colleagues and customers... The post Meet Us in Los Angeles at MWC 2021! appeared first on SEQUANS.

Vodafone Certifies Sequans Monarch 2 GM02S LTE-M/NB-IoT Module

Industry’s most advanced cellular IoT module now approved and ready to support Vodafone IoT customers Sequans newest cellular IoT module, the Monarch 2 GM02S, supporting LTE-M and NB-IoT, is now... The post Vodafone Certifies Sequans Monarch 2 GM02S LTE-M/NB-IoT Module appeared first on SEQUANS.

Distance Learning Via CBRS Private Networks is Here to Stay

The post Distance Learning Via CBRS Private Networks is Here to Stay appeared first on SEQUANS.

AT&T Certifies Sequans Monarch 2 GM02S LTE-M/NB-IoT Module

The post AT&T Certifies Sequans Monarch 2 GM02S LTE-M/NB-IoT Module appeared first on SEQUANS.
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Sequans Communications Frequently Asked Questions

  • When was Sequans Communications founded?

    Sequans Communications was founded in 2003.

  • Who are Sequans Communications key executives?

    Sequans Communications's key executives are Georges Karam, Deborah Choate and Danny Kedar.

  • How many employees does Sequans Communications have?

    Sequans Communications has 243 employees.

  • What is Sequans Communications revenue?

    Latest Sequans Communications annual revenue is $50.9 m.

  • What is Sequans Communications revenue per employee?

    Latest Sequans Communications revenue per employee is $209.5 k.

  • Who are Sequans Communications competitors?

    Competitors of Sequans Communications include Celeno, Soitec and Verimatrix.

  • Where is Sequans Communications headquarters?

    Sequans Communications headquarters is located at 15-55, Boulevard Charles de Gaulle, Colombes.

  • Where are Sequans Communications offices?

    Sequans Communications has offices in Colombes, Sophia-Antipolis, Bedminster, Burnsville and in 8 other locations.

  • How many offices does Sequans Communications have?

    Sequans Communications has 13 offices.