NQ Mobile (NQ) Reports Q3 EPS of $0.01; Will Temp. Suspend Providing Revenue Guidance
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NQ Mobile Inc. Reports Unaudited Financial Results For the Third Quarter of 2015
November 30, 2015 5:00 PM ESTBEIJING 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
