NQ Mobile (NQ) Reports Q4 Loss of $0.03/Share
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NQ Mobile Inc. Reports Unaudited Financial Results for the Fourth Quarter and Fiscal Year 2016
April 6, 2017 5:18 PM EDTBEIJING, April 6, 2017 /PRNewswire/ - NQ Mobile Inc. ("NQ Mobile" or the "Company") (NYSE: NQ), a leading global provider of mobile internet services, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2016.Â
Highlights For Fourth Quarter 2016
Quarterly Net Revenues of $94.7 million, a 25.7% decrease year-over-year from $127.5 million in the same period in 2015. Excluding NationSky from the comparable period, net revenues increased 3.8% year-over-year from the same period in 2015. Mobile Value Added Services (MVAS) Revenues of $53.6 million,... More