Sequans Communications (SQNS): Q4 EPS of -$0.16 beats by $0.01. Revenue of $11.5M (-49.8% Y/Y) beats by $0.35M.
Diageo (DEO): FH1 net profit -20% to £953M ($1.51B) due to tax write-down of £524M, sales +8% to £5.76B. Underlying sales +7%. Emerging market +18%; this and slow recovery in N. America helps to offset a flat Europe. Half-year dividend 16.6 pence a share. CEO Paul Walsh is cautious for 2012, but FH1 has "positioned us well."
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