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Mobile security company NQ Mobile (NQ) late Thursday reported mixed results with per-share profit unexpectedly slipping a penny, sending shares diving 9% in late trading. NQ reported Q4 earnings per share excluding items of 22 cents vs. Wall Street’s consensus view of 32 cents, according to Thomson Reuters data. EPS was 23 cents a year earlier. Sales in Q4 climbed 126% to $67.9 million, topping expectations of $62.8 million. NQ said it expects Scalper1 News
Scalper1 News