NQ Mobile (NQ) to Release Earnings on Thursday
NQ Mobile (NYSE:NQ) will be releasing its earnings data after the market closes on Thursday, December 14th.
NQ Mobile (NQ) opened at $4.07 on Thursday. NQ Mobile has a 12 month low of $3.16 and a 12 month high of $4.50.
NQ Mobile declared that its board has approved a stock repurchase plan on Monday, November 13th that permits the company to repurchase $150.00 million in outstanding shares. This repurchase authorization permits the software maker to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its shares are undervalued.
Separately, BidaskClub upgraded NQ Mobile from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd.
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NQ Mobile Company Profile
NQ Mobile Inc is a global provider of mobile Internet services. The Company provides a portfolio of offerings, including mobile game publishing platforms, mobile advertising platforms, mobile entertainment applications and platforms, mobile security and productivity applications, as well as other mobile applications.
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