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Sequans Communications Q3 Revenue Surges 182.8% and Liquidates Bitcoin Holdings

InvestorsHub +2 · ·by G4L

SQNS
SQNS Sequans Communications S.A ADR
$2.54 -2.31%
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  1. 1Sequans recorded a 182.8% year-over-year revenue increase to reach $9.1 million in Q3 2026.
  2. 2Sequans Communications ended its Bitcoin treasury strategy and disposed of its Bitcoin holdings.
  3. 3Sequans' cash, cash equivalents, and short-term deposits increased to $39.7 million at the end of September.

So what's the key point?

Sequans Communications' revenue grew significantly by 182.8% compared to last year. The company sold its Bitcoin to increase its cash to $39.7 million.

Source InvestorsHub +2 · View original ↗

Related 3-line summaries

Sequans Communications to focus on semiconductor business after ending Bitcoin strategy The Motley Fool +1 · Nov 4Sequans Communications S.A. to Announce Q3 2026 Financial Results Newsfile Corp. · Oct 20Sequence (SQNS) Q2 revenue $7.5M, up 23% from prior quarter Newsfile Corp. +1 · Aug 4
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