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Technology Stocks : Sequans Communications
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From: FUBHO10/31/2017 2:14:41 PM
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seekingalpha.com


Unidentified Analyst

This is Josh for Mike Walkley. George and Deborah, with the convertible debt pushed out a year, can you discuss the anticipated cash burn and potential timing or revenue level for cash flow breakeven given the assumptions of ramping IoT revenue and recovering broadband revenue in 2018?

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Deborah Choate

Well, for the time being I'd say there's really no change in the breakeven point. That's still in the low 20s on a quarterly basis, assuming that we have gross margin in sort of in the mid-40s and keeping operating expenses close to where we are in currently. So I think this is something we're expecting to be able to achieve sort of in the midpoint next year, don't know exactly which quarter at this point.
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