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Sequans sees Q1 revenue $7M-$8M, one estimate $8.5M

Sequans sees Q1 revenue $7M-$8M, one estimate $8.5M

Sequans (SQNS) management expects total Q1 revenue to be in the range of $7M-$8M, with product revenue contributing about 50% reflecting the seasonal weakness typically seen in the first quarter. In addition, licensing revenue related to the Qualcomm (QCOM) deal is expected to be lower than the amount recognized in Q4 2024.

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