Sequans Communications S.A. announced that, primarily due to a delay in finalizing an agreement related to a new design win, revenue for the fourth quarter of 2012 is expected to be approximately $3.1 million, below the range of previous guidance. The related impact on non-IFRS loss per diluted share/ADS is an estimated increase in the loss per share by up to $0.02. When the previous guidance was given, the company indicated that revenue for the fourth quarter of 2012 was expected to be in the range of $4 million to $6 million, with a non-IFRS net loss per diluted share/ADS between ($0.22) and ($0.26).