We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Sequans Stock Discussion
SQNS 5.300-2.8%Nov 26 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JCnieuwenj who wrote (166)4/28/2021 10:54:00 AM
From: GaryMi1 Recommendation

Recommended By

   of 198
It was pretty much as I had expected. I sold some ahead of earnings and bought it all back at a discount.
I’m disappointed in managements communication and general performance but the product pipeline seems to be on track.
Bad, loss of satellite deal after calling it 99.9%.
Bad, Q2 only 10% above Q1.
Bad, ADR count jumped significantly.
Good, talking about 2022 revenue at around $100 million.
Good, still talking about 50% average annual growth for the next 5 years.

Wish my level of confidence was higher but I think managements prior track record is a big part of why the stock price is where it’s at. Without their poor history the stock would be $10 easily on that narrative.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext