NQ Mobile (NQ) Posts Q4 adj.-Net Income of 46c/ADS

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NQ Mobile Inc. Reports Unaudited Financial Results for the Fourth Quarter and Fiscal Year 2015

March 21, 2016 5:00 PM EDT

BEIJING, March 21, 2016 /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, 2015.

Highlights For Fourth Quarter 2015

Record Quarterly Net Revenues of $127.5 million, a 42.1% increase year-over-year from $89.7 million in the same period in 2014. Record Quarterly Mobile Value Added Services (MVAS) Net Revenues of $51.4 million, a 110.5% increase year-over-year from $24.4 million in the same period in 2014. Net Income attributable to NQ... More