NQ Mobile (NQ) Tops Q4 EPS by 1c; Guides FY15 Revenue Above Expectations

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NQ Mobile Inc. Reports Unaudited Financial Results for the Fourth Quarter and Fiscal Year 2014

March 18, 2015 5:00 PM EDT

BEIJING and DALLAS, March 18, 2015 /PRNewswire/ - NQ Mobile Inc. ("NQ Mobile" or the "Company") (NYSE: NQ), a leading global provider of mobile internet services, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2014. 

Highlights For Fourth Quarter 2014

Record Quarterly Net Revenues of $89.7 million, a 32.2% increase year-over-year from $67.9 million in the same period in 2013. Gross profit for the fourth quarter of 2014 was $26.5 million, a 19.9% decrease... More