NQ Mobile (NQ) Posts Breakeven Q1 Profit; Guides FY15 Revenue Above Consensus
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NQ Mobile Inc. Reports Unaudited Financial Results For the First Quarter of 2015
May 19, 2015 5:00 PM EDTBEIJING and DALLAS, May 19, 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 first quarter of 2015.
Highlights for First Quarter 2015
Quarterly Net Revenues were $89.2 million in the first quarter of 2015, an 11.8% increase year-over-year from $79.8 million in the same period in 2014, exceeding the Company's previously issued guidance of $85.0 million to $86.0 million. Net Loss... More