NQ mobile
23Mar

NQ Mobile Inc Reports Strong Quarter Amid Shifting Rev. Landscape

With revenues up 42.1% on a year-over-year basis, there is good reason to like NQ Mobile, Rosenblatt Securities says. In a report Wednesday that lauded the stock and set a high bar with a stock price established at 201.62% above current levels. This speaks volumes to the investing opportunity Rosenblatt sees, and the flat-lining stock chart could use the boost.

NQ Mobile reports bang-up quarter amid shifting revenue streams
Fourth quarter revenue at NQ Mobile touched a new quarterly record of $127.5 million, up from nearly $73 million last year. NQ Mobile is . . .

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Author

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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