NQ Mobile (NQ) Reports Q2 EPS of $0.01; Updates on the FL Mobile Divestment

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Rosenblatt Reiterates Buy on NQ Mobile (NQ) Following 2Q Report

August 23, 2016 9:19 AM EDT

Rosenblatt reiterated a Buy rating and $13.00 price target on NQ Mobile (NYSE: NQ) following the company's 2Q earnings report. NQ reported EPS of $0.08, ahead of the consensus estimates of $0.02. The company also announced FL Mobile divestment updates, including a further sale of another... More