Investment
Features
FeesSafety
Academy
More
Pluang+

Sequans sells over 1,000 BTC to manage debt amid 25% revenue drop and $50.5M loss in Q1 2026

Market News
05 May 2026
Blockonomi
View Source
Bearish
pluang ai news

Sequans Communications sold 1,025 bitcoin in Q1 2026 to fund debt repayments and share buybacks, cutting its bitcoin holdings nearly in half from 2,139 to 1,114 BTC. The company reported a 24.8% revenue decline to $6.1 million and an operating loss of $50.5 million, including significant bitcoin-related impairments and losses. Sequans pledged 817 BTC as collateral for $35.9 million in convertible notes, reflecting ongoing balance sheet management amid financial challenges. The company’s stock has dropped over 50% in six months, highlighting investor concerns about its strategy and performance.

More News

CrowdStrike earnings preview: EPS $0.29, revenue $1.44B, with strong growth expected

CrowdStrike earnings preview: EPS $0.29, revenue $1.44B, with strong growth expected

CrowdStrike is set to release its earnings report on August 26, 2026, with analysts expecting an EPS of $0.29 and revenue of $1.44 billion, marking a 23.2% increase from last year. The company is known for its cloud-based Falcon platform that uses ma...

Company Fundamentals
Bullish
54 minutes ago
Abercrombie & Fitch beats earnings estimates, raises full-year outlook, shares jump 13%.

Abercrombie & Fitch beats earnings estimates, raises full-year outlook, shares jump 13%.

Abercrombie & Fitch Co. reported strong Q2 earnings with EPS of $2.42, surpassing analyst estimates of $1.99, and revenues of $1.27 billion, beating the $1.25 billion forecast. The better-than-expected results were driven by improved demand across ma...

Company Fundamentals
Bullish
1 hour ago
Salesforce earnings preview shows expected growth amid AI adoption challenges.

Salesforce earnings preview shows expected growth amid AI adoption challenges.

Salesforce is set to report quarterly earnings with analysts expecting $3.27 EPS and $11.33 billion in revenue, reflecting around 11% revenue growth and 12% earnings growth. Investors are focused on the company’s organic growth and the impact of its ...

Company Fundamentals
Neutral
1 hour ago
Benchmark raises Wix.com price target to $110 despite legal challenges and rising expenses.

Benchmark raises Wix.com price target to $110 despite legal challenges and rising expenses.

Benchmark analyst firm reaffirmed a "Buy" rating for Wix.com, raising its price target from $90 to $110, indicating a potential 27% upside from the current $86.06 share price. This bullish outlook comes amid a securities class-action lawsuit accusing...

Analyst Insights
Bullish
2 hours ago
NVIDIA Q2 earnings expected to soar nearly 100% on strong AI and data-center demand

NVIDIA Q2 earnings expected to soar nearly 100% on strong AI and data-center demand

NVIDIA is set to report its Q2 fiscal 2027 earnings with analysts predicting adjusted EPS of $2.09 and revenue around $92.27 billion, nearly doubling last year's $46.74 billion. This surge is driven by robust demand for AI infrastructure and data-cen...

Company Fundamentals
Bullish
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App