Edition:
United Kingdom

Borqs Technologies Reports Q3 2018 Results


Monday, 19 Nov 2018 

Nov 19 (Reuters) - Borqs Technologies Inc ::BORQS TECHNOLOGIES REPORTS Q3 2018 RESULTS.Q3 REVENUE $28.3 MILLION VERSUS $44.3 MILLION.REITERATE THAT AGGREGATE REVENUES FOR FULL YEAR OF 2018.Q3 2018 NET LOSS WAS $2.2 MILLION VERSUS NET LOSS OF $11.6 MILLION.EXPECT TO REPORT A HIGHER LEVEL OF CONNECTED SOLUTIONS BUSINESS UNIT SALES IN Q4.BORQS TECHNOLOGIES - REITERATE 2018 NET INCOME TO BE IN RANGE OF $4 MILLION TO $6 MILLION.ANTICIPATE MODEST GROWTH IN MVNO MOBILE SERVICES IN FUTURE PERIODS AS WELL. 

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16 Aug 2019