NQ Mobile Dips Though Q3 Sales, Q4 Sales Outlook Beat

By | November 13, 2013

Chinese mobile security company NQ Mobile’s (NQ) stock retreated again Wednesday, though top executives said they would buy up to $3 million in company stock, with their personal money, as a short-selling firm continued its attack. NQ late Tuesday reported Q3 EPS ex items up 75% to 28 cents on sales up 110% to $54.2 million. EPS met views, while analysts expected sales of $51.2 million, according to Thomson Reuters. NQ expects Q4 sales of $62

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NQ Mobile Dips Though Q3 Sales, Q4 Sales Outlook Beat