U.S. Markets closed

NQ Mobile reports 4Q loss

BEIJING (AP) _ NQ Mobile Inc. (NQ) on Thursday reported a fourth-quarter loss of $124.5 million, after reporting a profit in the same period a year earlier.

The Beijing-based company said it had a loss of $1.25 per share. Losses, adjusted for non-recurring costs and stock option expense, came to 3 cents per share.

The mobile security software company posted revenue of $94.7 million in the period.

For the year, the company reported that its loss widened to $140.8 million, or $1.43 per share. Revenue was reported as $343.1 million.

In the final minutes of trading on Thursday, the company's shares hit $4.07. A year ago, they were trading at $4.67.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NQ at https://www.zacks.com/ap/NQ

_____

Keywords: NQ Mobile, Earnings Report