Borqs Technologies, Inc. Files 8-K With June 30, 2017 Financial Results and Announces Stock Buy-Back
Borqs Technologies, Inc. - Ordinary Shares (BRQS)
US:NASDAQ Investor Relations:
borqs.com/investors-relations
Company Research
Source: GlobeNewswire
NEW YORK, Aug. 24, 2017 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (the “Company”), a global leader in software, products and cloud solutions for the Internet of Things (IoT), announced its mid-year June 30, 2017 operational results today via a Form 8-K filed with the U.S. Securities and Exchange Commission, four business days after BORQS International Holding Corp completed its merger on August 18, 2017 with Pacific Special Acquisition Corp, which changed its name to Borqs Technologies, Inc. The Company’s ordinary shares and warrants trade on the Nasdaq stock market under the symbols (NASDAQ:BRQS) and (NASDAQ:BRQSW), respectively. Results of Operations for January through June of 2017 As details of the Company’s results of operations for the first six months of 2017 are described in the Form 8-K, this release serves to provide a summary of such results. Net revenue on a consolidated basis for the six months ended June 30, 2017 was $54.05 million as compared to $50.59 million fo
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