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Sequans Communications Expects 10% QoQ Growth In Q4

Benzinga·11/05/2024 11:05:56
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Q4 2024 Outlook

The following statement is based on management's current assumptions and expectations. This statement is forward-looking and actual results may differ materially.

Management anticipates approximately 10% sequential growth in Q4 2024. Product revenue is expected to double from Q3, and licensing and services revenue will remain significant, including a licensing component related to the Qualcomm deal.