Overview

* Sequans Q2 2025 revenue falls 15.8% yr/yr

* Net loss for Q2 widens to $9.1 mln, diluted loss per ADS at $0.36

* Co launches Bitcoin Treasury strategy, acquiring 3,072 Bitcoin

Outlook

* Company to share long-term Bitcoin treasury plans by end of current qtr

* Company aims for breakeven operating income in 2026

Result Drivers

* BITCOIN TREASURY STRATEGY - Sequans launched a Bitcoin Treasury strategy, acquiring 3,072 Bitcoin, with expectations of long-term shareholder value, per CEO Dr. Georges Karam

* RESTRUCTURING COSTS - Operating loss reflects non-recurring items including restructuring costs and advisory fees related to major transactions

* IOT BUSINESS IMPROVEMENT - Product revenue increased 10.3% qtr/qtr and 59.0% yr/yr, indicating improvement in IoT business

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $8.10 $8.50

Revenue mln mln (1

Analyst)

Q2 Net -$9.10

Income mln

Q2 Gross 64.4%

Margin

Q2 -$8.70

Operatin mln

g Income

Analyst Coverage

* The one available analyst rating on the shares is "buy"

* The average consensus recommendation for the semiconductors peer group is "buy"

* Wall Street's median 12-month price target for Sequans Communications SA ( SQNS ) is $7.50, about 82% above its July 30 closing price of $1.35

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)