NQ Mobile (NQ) Reports Q2 EPS of $0.01; Updates on the FL Mobile Divestment
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NQ Mobile Inc. Reports Unaudited Financial Results for the Second Quarter of 2016
August 22, 2016 4:58 PM EDTBEIJING, Aug. 22, 2016 /PRNewswire/ -- NQ Mobile Inc. (NYSE: NQ) ("NQ Mobile" or the "Company"), a leading global provider of mobile internet services, today announced its unaudited financial results for the second quarter ended June 30, 2016.
Highlights for Second Quarter 2016
Quarterly Net Revenues of $83.7 million, a 18.0% year-over-year decrease from the same period in 2015. Excluding NationSky from the comparable period, net revenues increased 24.5% year-over-year from the same period in 2015. Net Income for the second quarter of 2016 was $5.3 million compared to a Net Loss... More