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

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Rosenblatt Reiterates Buy on NQ Mobile (NQ) Following a Positive 4Q Report

March 23, 2016 10:29 AM EDT

Rosenblatt reiterated a Buy rating and $13.00 price target on NQ Mobile (NYSE: NQ) following the company's 4Q earnings report. NQ reported Q4 EPS of $0.46 with revenue growing 42.1% YoY in the December quarter. The strong profit came from the capital gain from divesting the... More