NQ Mobile (NQ) Tops Q1 EPS by 5c
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Rosenblatt Affirms NQ Mobile (NQ) at 'Buy'; Q1 Results Better than Feared, FL Mobile Divestment on Track
May 27, 2016 3:18 PM EDTRosenblatt affirms NQ Mobile (NYSE: NQ) with a Buy rating and $13 price target following Q1 results issued Thursday night.
Analyst Jun Zhang offered the following summary and commentary today:
NQ's earnings are better than we expected due to better operating lever-age. NQ reported $6M in net profits in Q1 with Mobile... More