NQ Mobile (NQ) Reports Q3 EPS of $0.01; Will Temp. Suspend Providing Revenue Guidance

Go back to NQ Mobile (NQ) Reports Q3 EPS of $0.01; Will Temp. Suspend Providing Revenue Guidance

NQ Mobile Inc. Reports Unaudited Financial Results For the Third Quarter of 2015

November 30, 2015 5:00 PM EST

BEIJING and DALLAS, Nov. 30, 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 quarter ended September 30th, 2015.

Highlights for Third Quarter 2015

Quarterly Net Revenues were $87.9 million in the third quarter of 2015, an 8.3% increase year-over-year from $81.2 million in the same period in 2014. The difference in net revenue performance relative to previously issued guidance was primarily due to lower hardware sales in the Company's enterprise mobility segment.... More