Sequans Communications SA (STU:6SQ)
€ 0.91 0 (0%) Market Cap: 22.74 Mil Enterprise Value: 101.41 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 34/100

Half Year 2024 Sequans Communications SA Earnings Call Transcript

Aug 23, 2024 / 12:00PM GMT
Release Date Price: €2.6 (+120.34%)
Operator

Welcome to the Sequans Conference Call to discuss the company's agreement to sell its 4G IoT Technology to Qualcomm and the Preliminary second-quarter 2024 Financial Results. (Operator Instructions) As a reminder, this conference is being recorded. I would now like to turn the call over to Kim Rogers of Hayden IR. Ms. Rogers, you may begin.

Kimberly Rogers
Hayden IR - Investor Relations

Thank you, Laura, and thank you to everyone participating in today's call. Joining me on the call today from Sequans Communications is George Karam, Chairman and CEO. Before I turn over the call to George, I'd like to remind our participants of the following important information on behalf of Sequans. Please note that in that a joint press release was issued today announcing an agreement for Sequans to sell its 4G IoT, while retaining a license for its ongoing use in development for $200 million in an all-cash transaction to Qualcomm Technologies, Inc. to be referred to as Qualcomm on this call, a subsidiary of Qualcomm Incorporated.

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