COLOMBES, France (AP) — COLOMBES, France (AP) — Sequans Communications SA (SQNS) on Tuesday reported a loss of $2.7 million in its fourth quarter.
On a per-share basis, the Colombes, France-based company said it had a loss of 11 cents. Losses, adjusted for stock option expense and non-recurring costs, came to 8 cents per share.
The chip company posted revenue of $11 million in the period.
For the year, the company reported profit of $57 million, or $2.01 per share. Revenue was reported as $36.8 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SQNS at https://www.zacks.com/ap/SQNS
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