NQ Mobile Inc. enters into a binding agreement to sell NationSky
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NQ Mobile (NQ) PT Raised to $13 at Rosenblatt Amid 'Big Improvements'
August 27, 2015 10:59 AM EDTRosenblatt analyst Jun Zhang reiterated a Buy rating and boosted its price target on NQ Mobile (NYSE: NQ) to $13, noting "big improvements" in NQ Mobiles new management execution capability and internal operations in the last two quarters .
"We are raising our price... More
NQ Mobile (NQ) Tops Q2 EPS by 3c; Guides FY15 Revenue Above Expectations
August 26, 2015 5:01 PM EDTNQ Mobile (NYSE: NQ) reported Q2 EPS of $0.08, $0.03 better than the analyst estimate of $0.05. Revenue for the quarter came in at $102.1 million versus the consensus estimate of $102 million.
Operating Metrics as of June 30, 2015
As a reminder, beginning in the third quarter of 2014, the Company began presenting the operating metrics of average monthly active user accounts ("MAUs") as redefined to include many emerging businesses previously not included in the Company's user account metrics. The MAUs presented herein include the user accounts in all the related... More
NQ Mobile (NQ) to Sell NationSky in $80M Cash Deal
August 26, 2015 5:00 PM EDTNQ Mobile (NYSE: NQ) announced it has entered into legally binding share purchase agreements (the "NationSky Agreements"), which provide for the sale of all of NQ Mobile's interest in the NationSky business ("NationSky Divestment"), including the entire interest in Beijing NationSky Network... More
