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NQ Mobile Inc. Message Board

  • gemfinder32 gemfinder32 Nov 19, 2012 10:14 AM Flag

    Awesome NQ Seeking Alpha article!

    NQ Mobile (NQ) is a leading SaaS provider of security and productivity solutions for smartphones. NQ's mobile security services protect users from mobile malware, data theft, and privacy intrusion. NQ's suite of products is delivered in a cloud-client platform, allowing for continuous monitoring and updates. NQ's products run exclusively on smartphones rather than low-end feature phones. NQ operates a freemium SaaS business model with 242 million registered and 85 million active users globally. Global registered users have increased 96.7% year over year and global active users have increased 97.9% year over year. 2012 revenue is likely to increase over 120% year over year, reflecting increased monetization. NQ is a direct beneficiary of the strong multiyear trend in global smartphone adoption and the rapidly growing problem of malware targeting smartphones.

    Omar Kahn joined NQ in January 2012 in the role of co-CEO to drive the company's international expansion strategy. Khan spent four years at Samsung, with his final role as both CTO and CPO. He was responsible for Samsung's push into the Android space, and was behind the popular Galaxy S and Galaxy S II line of phones. Khan also spent eight years at Motorola. He finished there as VP of Global Supply Chain and Business Operations, supporting the mobile devices business, which accounted for $30 billion in revenue.

    Read the rest of the article on Seeking Alpha....finally something intelligent written on NQ. There's a link to the article in the Headlines section for NQ on Yahoo. Good job.

    Sentiment: Strong Buy

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