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 a multinational company that develops and markets…