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BORQS TECHNOLOGIES, INC.

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Market Data: Yahoo Finance, Bloomberg, SEC Filings

Report Link: Updated Research Report (Dated 04/26/2018)

Symbol: BRQS
Analyst: John Nobile
Taglich Rating: Speculative Buy
Price Target: $12.00
Time Horizon: 12 Months
Rating Established: January 23, 2018
Price When Established: $6.55
Most Recent Report: April 26, 2018
Price When Issued: $8.50


What's New

Borqs Technologies Reports 1Q18 Financial Results

On May 15, 2018, Borqs Technologies Inc. (NASDAQ: BRQS) announced results for its first quarter ended March 31, 2018.

For the quarter, the company reported revenue increased 86.7% to $58.3 million from $31.2 million in 1Q17. Net income to common was $1.2 million or $0.04 per share versus a loss of $202,000 or $(0.05) per share in 1Q17.

Taglich Brothers estimates were for 1Q18 revenue of $46 million and net income to common of $1.7 million or $0.06 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

Updated Research Report (Dated April 26, 2018)
Initial Research Report (Dated January 23, 2018)

Disclaimer

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