|Bid||0.0000 x 1400|
|Ask||0.0000 x 1800|
|Day's Range||2.7327 - 2.7327|
|52 Week Range||2.1100 - 11.1500|
|Beta (3Y Monthly)||2.21|
|PE Ratio (TTM)||88.15|
|Earnings Date||Nov 19, 2018 - Nov 23, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.00|
Borqs Technologies, Inc. (Nasdaq: BRQS) (the “Company”), a global provider of embedded software and products for the Internet of Things (IoT), today reported that the Company has completed a financing transaction via the private sale of ordinary shares to the Chongqing City Youtong Equity Investment Fund, LLP (“Chongqing Youtong”) by which Chongqing Youtong will own approximately 9.9% of the Company’s outstanding shares as a result.
Quarterly Revenue was $28.3 million, Net Loss of $2.2 millionNine-Month Revenue was $142.9 million, Net Income of $1.2 millionConference Call on Tuesday November 20, 2018 at 8pm.