May 30 Chinese mobile security software maker NQ
Mobile Inc estimated that first-quarter revenue would
exceed its forecast of 75-$76 million due to strength in its
The company's shares jumped 20.5 percent higher to $8.25 at
the open on the New York Stock Exchange.
NQ also forecast revenue of $83-$84 million for the second
quarter ending June 30, higher than the average analysts'
expectation of $78.9 million, according to Thomson Reuters
(Reporting by Sruthi Ramakrishnan in Bangalore; Editing by