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BORQS TECHNOLOGIES, INC.

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Market Data: Yahoo Finance, Bloomberg, SEC Filings

Report Link: Initial Research Report (Dated 01/23/2018)

Symbol: BRQS
Analyst: John Nobile
Taglich Rating: Speculative Buy
Price Target: $8.25
Time Horizon: 12 Months
Rating Established: January 23, 2018
Price When Established: $6.55
Most Recent Report: January 23, 2018
Price When Issued: $6.55


What's New

Borqs Technologies Reports 2017 Financial Results

On April 2, 2018, Borqs Technologies Inc. (NASDAQ: BRQS) announced results for its fiscal year ended December 31, 2017.

For 2017, the company reported revenue increased 28% to $154.3 million from $120.6 million in 2016. The net loss to common was $19.5 million or $(1.52) per share versus breakeven in 2016.

Taglich Brothers estimates were for 2017 revenue of $149 million and a net loss to common of $21.9 million or $(1.60) per share.


Company Description

Borqs Technologies, Inc., headquartered in Beijing, China, is a provider of software and products focused on the Internet of Things (IoT) market. The company is also a mobile virtual network operator (MVNO) in China.


Company Reports

Initial Research Report (Dated January 23, 2018)

Disclaimer

Please view our current disclosure and disclaimer on our most recent research report.