Sequans Q1 2026: Debt-Free, IoT Growth, Bitcoin Buffer

Sequans Q1 2026 earnings showcase resilience with $6.1M revenue, despite supply challenges. Theyre eliminating $94.5M debt by June, already reducing 62% through Bitcoin collateral. Their IoT chip business is thriving with a $22M backlog and over $300M in potential 3-year revenue. Design wins are increasing, particularly in Cat-M for tracking and metering. Supply chain pressures are managed, and Q2 revenue is expected to reach $6.8-7.4M. Sequans is also advancing 5G eRedCap chips for sampling in late 2027, targeting larger markets and higher prices. Cash burn is decreasing, and the balance sheet is improving, with Bitcoin providing a buffer for the long term. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/26c9f6e9b3dec8e4