Guidance way above consensus

[admin]

4:25 PM More on NQ Mobile (formerly NetQin): Q1 guidance is for revenue of $32.8M-$33.3M, above a consensus of $29.7M. 2013 guidance is for revenue of $178M-$183M, well above a consensus of $154M. Registered user accounts +17% Q/Q and +93% Y/Y in Q4 to 283.4M, monthly active users +16% Q/Q and +86% Y/Y to 97.7M - 40.8M outside of China. Monthly paid users rose by 700K Q/Q to 8.9M - 5.9M in China, 3M overseas. Q4 gross margin was 67.8%, -140 bps Q/Q and -1230 bps Y/Y. Opex +127% Y/Y. NQ +18.4% AH. CC at 8PM ET (webcast). (PR) Read comments

[tradestar2012]

looks like a full court press by the mgmt team. Interview on cnbc post earnings.

http://video.cnbc.com/gallery/?video=3000152655

[doublebagger448]

looks like a full court press by the mgmt team. Interview on cnbc post earnings. http://video.cnbc.com/gallery/?video=3000152655

NQ Mobile’s 4Q12 earnings and 2013 guidance were fantastic.  Company raised 2013 revenue to $178M-$183M (up from $150M-$155M).  I think the increased guidance is STILL very conservative.  NQ’s deal pipeline is full, so there will be more wireless retailer distribution deals (globally) and more wireless carrier deals coming.

You have NOT missed this stock.  NQ is actually a better buy tomorrow at $11 than it was last week.  In the last 3 days, NQ announced a truly game-changing deep partnership with America Movil (3^rd largest wireless carrier in the world with 262M subs) and tonight printed a great quarter (very clean print) with strong (very beatable) 2013 guidance.  There are several funds that wanted to see a clean 4Q12 print and/or needed the market cap to be over $500M.  Both have now happened.  NQ is still DIRT CHEAP.  At $12 NQ is trading at just 5.6x EV/EBITDA 2013 with a 13% FCF yield (ex-cash) and will grow top-line revenue approx 120% y/y.  I am a buyer under $13.  Stock should go MUCH higher from the after-hours level of $10.50.  Expecting $30++ within 12 months (or sooner) if the US equity markets hold together.

[Spartina]

Thanks DB, I'm going in today.

[admin]

Thanks DB, I'm going in today.

He already proved his moniker. In a while, he will have to change it into 'triplebagger'..

[Spartina]

I'm in. Now I'm really diversified.... 96% of my portfolio is in two stocks...