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COLOMBES, France (AP) — COLOMBES, France (AP) — Sequans Communications SA (SQNS) on Tuesday reported net income of $72.3 million in its third quarter.

The Colombes, France-based company said it had profit of $2.61 per share. Earnings, adjusted for non-recurring costs and stock option expense, came to $2.91 per share.

The chip company posted revenue of $10.1 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SQNS at https://www.zacks.com/ap/SQNS