Sequans Communications SA. reported a fourth-quarter FY21 revenue decline of 12.5 percent year-on-year to $13.8 million, beating the consensus of $13.7 million. Product revenue declined 42.6 percent Y/Y to $6.9 million, and Services and license revenue rose 84.8 percent to $6.9 million. The gross margin expanded by 1,200 bps to 57.1 percent. Operating loss narrowed to…
Sequans Q4 Revenue Tops Consensus; Supply Chain Issues Lead to Flat Q1 Outlook
Supply Chain Problems and Inflation Dent Online Holiday Sales Growth
Online consumer spending in the United States during the holiday shopping season from Nov. 1 through Dec. 31 was weaker than expected according to Jan. 12 data from Adobe Analytics. Adobe covered more than one trillion visits to U.S. retail websites in its analysis. Continuing pandemic-related issues such as the supply chain crisis, rising inflation,…
Vaccine Mandate Exacerbating Challenges Faced by Small Businesses: Small Business Advocacy Group
Small businesses across the nation have already faced labor shortages and supply chain disruptions, the Biden administration’s vaccine mandate upon private sectors would exacerbate the situation further, according to Karen Harned, the small business legal center director of the National Federation of Independent Business (NFIB). “For months now they’ve been struggling to get enough workers…
US News
- The Associated PressPARK CITY, Utah—Doctors and family members are expected to testify on Wednesday in a trial about a 2016 ski crash between Gwyneth Paltrow and a retired Utah man suing her… [...]
- Paul SperryThe Justice Department is not disclosing to the public or Congress links between President Biden’s son Hunter and brother James and a corrupt Chinese government agent who doled out millions… [...]
Feds’ Foreign-Corruption Double Standard: They Protected Bidens Even as They Bore Down on Trumpworld- Paul SperryAt the same time that Department of Justice officials were using spying and corruption statutes to aggressively pursue Donald Trump’s allies based on what turned out to be rumor and… [...]
- Andrew ThornebrookeThe United States’ top diplomat calls for a greatly expanded budget for activities in the Indo-Pacific to counter communist China’s increasing aggression and fortify American ties in the region. U.S.… [...]
- The Associated PressNEWPORT NEWS, Va.—Two inmates in a Virginia jail used primitively made tools to create a hole in the wall of their cell and escape, only to be found hours later… [...]
- Zachary StieberA science journal’s political endorsement lowered trust among supporters of former President Donald Trump, a study has found. Nature endorsed President Joe Biden in October 2020. The journal said Biden,… [...]
- Epoch VideoGwyneth Paltrow is back in Utah’s Third District Court on March 22, accused of violently crashing into a man while skiing in 2016. [...]
- Cara DingBrian Carey, a Republican Mount Hope councilman, won the Otisville mayoral race on March 21. He got 125 votes, as opposed to 101 votes by his Democratic opponent, Isaac Palmer.… [...]
- Tom OzimekSenator Joe Manchin (D-W.Va.) sharply criticized the Biden administration on Monday after President Joe Biden vetoed bipartisan legislation aimed at blocking a regulation that would push private retirement plan fiduciaries… [...]
- Zachary StieberThe rate of myocarditis spiked in the military in 2021, newly disclosed data show. Diagnoses of myocarditis, a form of heart inflammation, jumped 130.5 percent in 2021 when compared to… [...]