Sequans Communications S.A. (NYSE:SQNS) Q4 2021 Results Earnings Conference Call February 8, 2022 8:00 AM ET Company Participants Kim Rogers - Investor Relations, Hayden IR Georges Karam - President and Chief Executive Officer Deborah Choate - Chief Financial Officer Conference Call Participants Scott Searle - ROTH Capital Partners, LLC Michael Walkley - Canaccord Genuity, Inc. Tristan Gerra - Robert W. Baird & Company Rajvindra Gill - Needham & Company Craig Ellis - B. Riley Securities Operator Greetings. ...

Sequans Communications S.A. (NYSE:SQNS) Q3 2021 Earnings Conference Call November 2, 2021 8:00 AM ET Company Participants Kim Rogers - Investor Relations Georges Karam - Chairman & Chief Executive Officer Deborah Choate - Chief Financial Officer Conference Call Participants Scott Searle - ROTH Capital Partners, LLC Craig Ellis - B. Riley Securities Tristan Gerra - Robert W. Baird & Company Denis Pyatchanin - Needham & Company Operator Greetings. Welcome to Sequans Communications Third Quarter 2021 Financial ...

15-55 Boulevard Charles de Gaulle 92700 Colombes, France Telephone: +33 1 70 72 16 00 (Address of Principal Executive Office) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 For the month of September 2021 Commission File Number: 001-35135 Sequans Communications S.A. (Translation of Registrant's name into English) Note: Regulation S-T Rule 101(b)(7) only permits the s ...

Financial Data and Key Metrics Changes - The company's revenue for Q2 2021 was $12.9 million, representing a 5.1% increase year-over-year and a 4.4% sequential increase, falling short of the previously announced 10% growth target due to supply chain constraints [47] - Gross margin improved to 56.6% in Q2 2021 from 48.3% in Q2 2020 and 50.1% in Q1 2021, driven by a shift in revenue mix towards higher service revenue [50] - The operational loss narrowed to $3.4 million in Q2 2021 from $5.8 million in Q1 2021 and $5.6 million in Q2 2020 [52] Business Line Data and Key Metrics Changes - Massive IoT revenue increased by approximately 14% from Q1 2021 and 120% year-over-year, accounting for over half of total revenue [48] - Broadband IoT revenues decreased due to lower revenue from Jetpack portable routers, but excluding Jetpack, Broadband IoT grew 7% quarter-over-quarter and over 400% year-over-year [49] - The vertical category, including service revenue from a major 5G strategic deal, increased in Q2 2021 compared to both Q1 and Q2 2020 [49] Market Data and Key Metrics Changes - The company reported a strong demand for Massive IoT solutions, with a sales product pipeline exceeding $600 million and design wins increasing by 18% to $280 million [41] - The top 10 Massive IoT customers could generate annual revenue close to $50 million next year, with expectations of 50% growth per year over the next two years [40] Company Strategy and Development Direction - The company is focusing on expanding its Massive IoT and Broadband IoT segments, with a strategic emphasis on partnerships to enhance market reach [34][28] - The long-term growth of Broadband IoT will be driven by the 5G Taurus platform, with product revenue expected to begin in 2023 [25] - The company aims to evolve from a carrier-centric business model to a more diversified customer base, focusing on enterprise and industrial applications [44] Management's Comments on Operating Environment and Future Outlook - Management acknowledged supply chain challenges impacting the semiconductor industry, which are obscuring the company's performance and limiting growth potential [35] - Despite supply chain headwinds, the company remains confident in its long-term growth trajectory and investment thesis, anticipating achieving medium- and long-term growth objectives [40] - The company expects to approach $100 million in revenue in 2022, with a growth rate of 50% per year for the following years, contingent on supply chain improvements [45] Other Important Information - The company had over $30 million in cash at the end of Q2 2021, reflecting a strong balance sheet [43] - Cash flow generated by operations for the first six months of 2021 was $6.5 million, compared to $9.2 million used in operations in the same period of 2020 [56] Q&A Session Summary Question: Future of Jetpack business and broadband revenue outlook - Management indicated uncertainty regarding the Jetpack business and assumed no recovery in the second half of the year, while CBRS business is performing well [66][67] Question: Impact of supply chain on product gross margins - Management expects some temporary lower gross margins in Q3 due to revenue mix but maintains a positive outlook for the year [70] Question: Supply constraints and growth ramp in Massive IoT - Management confirmed strong demand and backlog but noted that supply chain challenges are the limiting factor for growth [71] Question: Clarification on revenue projections for 2022 - Management projected approaching $100 million in sales for 2022, with a solid growth trajectory expected [76] Question: Strategic partnerships and MCU collaborations - Management highlighted ongoing partnerships with MCU vendors, which are crucial for expanding market reach and driving growth [88]

| --- | --- | --- | --- | --- | --- | --- | |--------------------------------|------------------------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Sequans Investor Presentation | | | | | | | | August 2021 | | | | | | | | | Dr. Georges Karam, CEO | | | | | | | | Deborah Choate, CFO | | | | | | Safe Harbor This presentation contains projections and other forward-looking statements regarding future events or our futu ...

Sequans Communications SA (NYSE:SQNS) Q1 2021 Earnings Conference Call April 27, 2021 8:00 AM ET Company Participants Kim Rogers - IR Georges Karam - Chairman, CEO & President Deborah Choate - CFO Conference Call Participants Scott Searle - ROTH Capital Partners Thomas Walkley - Canaccord Genuity Craig Ellis - B. Riley Securities Tristan Gerra - Robert W. Baird & Co. Denis Pyatchanin - Needham & Company Operator Greetings, and welcome to Sequans Communications First Quarter 2021 Financial Results. [Operator ...

| --- | --- | --- | --- | --- | --- | --- | |--------------------------------|------------------------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Sequans Investor Presentation | | | | | | | | April 2021 | | | | | | | | | Dr. Georges Karam, CEO | | | | | | Safe Harbor This presentation contains projections and other forward-looking statements regarding future events or our future financial performa ...

¨ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ¨ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report Commission file number 001-35135 SEQUANS COMMUNICATIONS ...

Sequans Communications S.A. (NYSE:SQNS) Q4 2020 Earnings Conference Call February 9, 2021 8:00 AM ET Company Participants Georges Karam - President and Chief Executive Officer Deborah Choate - Chief Financial Officer Conference Call Participants Scott Searle - ROTH Capital Partners, LLC Michael Walkley - Canaccord Genuity Craig Ellis - B. Riley FBR, Inc Tristan Gerra - Robert W. Baird & Company Rajvindra Gill - Needham & Company Operator Welcome to the Sequans Fourth Quarter 2020 Conference Call. At this ti ...

Sequans Communications S.A. (NYSE:SQNS) Q3 2020 Results Earnings Conference Call October 27, 2020 8:00 AM ET Company Participants Georges Karam - President and Chief Executive Officer Deborah Choate - Chief Financial Officer Conference Call Participants Michael Walkley - Canaccord Genuity Scott Searle - ROTH Capital Craig Ellis - B. Riley Securities Denis Pyatchanin - Needham & Company Operator Welcome to the Sequans Third Quarter 2020 Results Conference Call. At this time, all participants are in a listen- ...