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Borqs Technologies Inc (BRQS.OQ)

BRQS.OQ on NASDAQ Stock Exchange Capital Market

1.14USD
21 Oct 2020
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Latest Key Developments (Source: Significant Developments)

Borqs Receives Up To $150 Mln Line Of Credit Offer For Serving $100 Mln Large Customer Pre-Orders
Monday, 13 Apr 2020 

April 13 (Reuters) - Borqs Technologies Inc ::BORQS TECHNOLOGIES, INC. RECEIVES UP TO US$150 MILLION LINE OF CREDIT OFFER FOR SERVING BORQS LARGE CUSTOMER PRE-ORDERS FORECASTED AT OVER US$100 MILLION.BORQS TECHNOLOGIES - ORDERS ARE FOR MOBILE, IOT DEVICES WITH CO'S SOFTWARE SCHEDULED FOR DELIVERY BEGINNING IN Q2 2020 & EXTENDING INTO YEAR 2021.BORQS TECHNOLOGIES INC - COMPANY IS FINALIZING FINAL TERMS AND WILL DISCLOSE DETAILS OF ABOVE TRANSACTION UPON ITS COMPLETION.  Full Article

Borqs Technologies Reports Q3 2018 Results
Tuesday, 20 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.  Full Article