NQ Mobile Inc (NQ) volatility elevated into Q3 and outlook
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NQ Mobile (NQ) Misses Q3 EPS by 2c; Updates on FL Mobile Divestment
November 30, 2016 5:01 PM ESTNQ Mobile (NYSE: NQ) reported Q3 EPS of $0.00, $0.02 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $91.1 million versus the consensus estimate of $95 million.
Mobile Value Added Services (MVAS) revenues reached a record level of $54.9 million, a 74.6% year-over-year increase from the same period in 2015.
Average Monthly Active User Accounts as of September 30, 2016: 142.9 million.
Updates on the FL Mobile Divestment
In a press release on November 23, 2016, the Company announced the current update on the FL Mobile Divestment. Following the termination of the... More
