Technology Stocks : Sequans Communications
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From: FUBHO10/31/2017 2:14:41 PM
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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?


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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