NQ Mobile (NQ) Misses Q3 EPS by 2c; Updates on FL Mobile Divestment
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NQ Mobile Inc. Reports Unaudited Financial Results for the Third Quarter of 2016
November 30, 2016 5:00 PM ESTBEIJING, Nov. 30, 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 third quarter ended September 30, 2016.
Highlights for Third Quarter 2016
Quarterly Net Revenues of $91.1 million, a 3.6% year-over-year increase from the same period in 2015. Excluding NationSky from the comparable period, net revenues increased 38.1% year-over-year from the same period in 2015. Mobile Value Added Services (MVAS) revenues reached a record level of $54.9 million, a 74.6% year-over-year increase from the same... More