33_Matters
$SQNS balance-sheet situation has improved materially compared with earlier 2026. Sequans completed redemption of its remaining convertible debt in May and said it was reestablishing a pure-play focus on IoT semiconductors.
Q2 showed substantial sequential improvement. Revenue rose from $6.1M in Q1 to $7.5M in Q2, while the non-IFRS net loss narrowed from $20.6M to $4.0M. Cash also increased from $10.6M to $21.0M and finally they're debt-free.
1
3
