Sequans Communications (SQNS) -30% premarket after lowering Q4 guidance well below consensus, as...

|About: Sequans Communications (SQNS)|By:, SA News Editor

Sequans Communications (SQNS) -30% premarket after lowering Q4 guidance well below consensus, as a result of its largest customer's request to take delivery of ~40% of the chips previously scheduled for delivery in December and to cancel the remainder of the scheduled shipment.