Sequans (SQNS) Q1 2026 Earnings Transcript

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DATE

Tuesday, May 5, 2026 astatine 8 a.m. ET

CALL PARTICIPANTS

• Chairman and Chief Executive Officer — Georges Karam

• Chief Financial Officer — Deborah Choate

• Investor Relations — David Hanover

Full Conference Call Transcript

Operator: Good day, ladies and gentlemen, and invited to the First Quarter 2026 Sequans Earnings Conference Call. My sanction is Howard, and I volition beryllium your relation for today's call. [Operator Instructions] Please enactment that this league is being recorded. I volition present crook the league implicit to Mr. David Hanover, Investor Relations. David, you whitethorn begin.

David Hanover: Thank you, operator, and convey you to everyone participating successful today's call. Joining maine connected the telephone from Sequans Communications are Georges Karam, CEO and Chairman; and Deborah Choate, CFO. Before turning the telephone implicit to Georges, I would similar to punctual our participants of the pursuing important accusation connected behalf of Sequans. First, Sequans issued an net property merchandise this morning, and you'll find a transcript of the merchandise connected the company's website astatine www.sequans.com nether the Newsroom section. Second, this league telephone contains projections and different forward-looking statements regarding aboriginal events oregon aboriginal fiscal show and imaginable financing sources.

All statements different than contiguous and humanities facts and conditions contained successful this release, including immoderate statements regarding our concern strategy, outgo optimization plans, strategical options, the quality to participate into caller strategical agreements, expectations for sales, our quality to person our pipeline to gross and our objectives for aboriginal operations are forward-looking statements wrong the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 arsenic amended, and Section 21E of the Securities Exchange Act of 1934 arsenic amended.

These statements are lone predictions and bespeak existent beliefs and expectations with respect to aboriginal events and are based connected assumptions and taxable to risks and uncertainties and taxable to alteration astatine immoderate time. We run successful a precise competitory and rapidly changing environment. New risks look from clip to time. Given these risks and uncertainties, you should not trust connected oregon spot undue reliance connected these forward-looking statements. Actual events oregon results whitethorn disagree materially from those contained successful the projections oregon forward-looking statements. More accusation connected factors that could impact our concern and fiscal results are included successful our nationalist filings made with the Securities and Exchange Commission.