Results like 345 million in revenues and 278 million in cash? Wall street is weird , some companies they just like because they keep increasing revenues with little earnings like Amzn. Nq looks like has to have huge earnings regardless of huge revenue growth.
Thanks for the info GDX. Glad to see management coming to their senses, they should have announced this with earnings instead of all this drama.
"Major downside i see with NQ now is the Gross margins and EPS, (which i always said were going to be their main problem) are not getting addressed. "
From the CC, hope it comes true;
Let me reiterate what I said earlier, the worst is behind us with our gross margin declines and we’re poised to stabilize and recover next year. This will be evidenced as our services within the enterprise mobility segment continues to improve and within our consumer businesses we will begin to monetize many emerging businesses and products where traffic and user growth has been the priority so far. As this monetization begins, we will see the consumer based revenues and the leverage from that start to increase as part of the overall business mix again, even as the enterprise mobility segment continues to be strong.
I sent some money to buy additional shares last night but it didnt wait for me. Congrats to new longs and longs that bought additional shares at the lows.
Iw , i am dissapointed to hear that as well, nq needs to bring in the earnings then he will change.
Hey welcome back bio. Sucks to see topeka give up in the short term. I do hope 2015 is a much better year for nq.
Interesting theory gdx, with everything going on I can see that your theory might be true. Unfortunately shorts do look like they have won for the time being. We shall see if NQ can manage another turnaround.
Previous share price low was $3.45 with at the time of 62M shares equaled market cap of $214M. Current 88M shares would give a price of $2.41 for the same market cap, yikes. Hope we are going to be able to recover soon, most shareholder's are unhappy with this FL deal so hope management nixes that idea. And we do have a share buyback to restore confidence.
Sad to be here, these days should have been the good days for NQ, 20-F filed, all the quarterlies in, cash at a record $278M and revenues at a record 65% increase from last year at $325M. Yet shorts are the ones rejoicing these days.
Gdx, as you know toro is on their board, so i am puzzled like you but there has to be something we are not seeing with toro being in the middle of these conversations.
You want to wish happy holidays to a guy that posted pwc and deloutte max? He is one of the worst posters on the board and is lies constantly.
You are on ignore, did not read what you wrote. Just wanted to say you are a low life that lied on this board that pwc and deloitte had quit.
They are trying to create value. I agree it is not what i would have done. Thats why i am saying they should just sell it to bison.
Any other company with that kind of numbers would have an awesome day today regardless of earnings, especially considering they increased their cash position as well. Look at company like AMZN who has not had decent earnings for the last 5 years. Salesforce is another example. They have increased revenue and their stock price has gone crazy accordingly. I am tired though and would be ok if we get a $10 sale price, so if Bison is still willing sell it to them.
"On Thursday, NQ Mobile forecast full year 2014 revenue of between $325 million to $326 million, up about 65 percent compared with 2013 revenue of $196.7 million."