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25 items- PRBorqs Technologies Completed Cash Sale of Core Businesses To Sasken Technologies of IndiaHONG KONG, April 14, 2025 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (OTC:BRQSF, "Borqs" or the "Company")) today announced that it has completed the sale of its core businesses to Sasken Technologies, Ltd. (India NSE: SASKEN, BSE: 532663, "Sasken"), a leading global product engineering and digital transformation services company based in India. Included in the sale were all of the Company's embedded software design and customized hardware manufacturing of products for the Internet of Things (IoT) activities. Price for the sale totaled US$40 million, a portion will be reserved for employees, tax withholding and payments subject to an earnout arrangement linked to performance in the year
- PRBorqs Technologies Reports Half-Year 2024 Financial Results; Successfully Increases EfficiencySANTA CLARA, Calif., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (OTC:BRQSF, "Borqs" or the "Company")), a global provider of embedded software and products for the Internet of Things (IoT), today announced its financial results for the first half of 2024. Interim financial statements were filed today with the SEC. First-Half 2024 Financial Highlights For the six months ended June 30, 20242023vs. H1 2023 Revenues ($K)16,77314,992+ 11.9%Gross Margin20.2%19.4%Up 0.8%Operating expenses ($K)7,08211,996- 41.0%Net income (loss) from operations15,023-28,801n/a For the six months ended June 30, 2024, Borqs reported total net revenues of US$16.77 mill
- PRBorqs Technologies' Capital Structure to be Revamped by Recently Announced Sale of BusinessSANTA CLARA, Calif., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (OTC:BRQSF, "Borqs" or the "Company")) a global provider of embedded software and products for the Internet of Things (IoT) announced on November 11, 2024, that the Company intends to sell its hardware and software business to Sasken Technologies, Inc. by the end of this calendar year. The total consideration, inclusive of earn-outs, management incentives, and other payouts, shall not exceed US$40 million. Earnouts will be linked to performance of target entities in 2024 and 2025. As a result of this strategic transaction, Borqs will have a clean and debt-free capital structure, providing a solid foundation fo
- SECSEC Form 6-K filed by Borqs Technologies Inc.6-K - Borqs Technologies, Inc. (0001650575) (Filer)
- SECSEC Form 25-NSE filed by Borqs Technologies Inc.25-NSE - Borqs Technologies, Inc. (0001650575) (Subject)
- SECSEC Form 6-K filed by Borqs Technologies Inc.6-K - Borqs Technologies, Inc. (0001650575) (Filer)
- SECSEC Form 6-K filed by Borqs Technologies Inc.6-K - Borqs Technologies, Inc. (0001650575) (Filer)
- NEWS12 Information Technology Stocks Moving In Thursday's After-Market SessionGainers Crexendo (NASDAQ:CXDO) stock moved upwards by 8.4% to $1.67 during Thursday's after-market session. The company's market cap stands at $43.3 million. SolarWinds (NYSE:SWI) stock moved upwards by 7.53% to $9.56. The company's market cap stands at $1.5 billion. Intel (NASDAQ:INTC) stock moved upwards by 6.7% to $34.7. This security traded at a volume of 8.0 million shares come close, making up 22.0% of its average volume over the last 100 days. The market value of their outstanding shares is at $145.3 billion. The company's, Q3 earnings came out today. CISO Global (NASDAQ:CISO) shares increased by 6.63% to $0.1. Trading volume for this security closed at 115.0K, accounting for 7.3%
- NEWS12 Information Technology Stocks Moving In Thursday's Intraday SessionGainers Impinj (NASDAQ:PI) stock moved upwards by 20.9% to $60.06 during Thursday's regular session. Trading volume for Impinj's stock is 1.7 million as of 13:31 EST. This is 270.9% of its average full-day volume over the last 100 days. The company's market cap stands at $1.6 billion. The company's, Q3 earnings came out yesterday. Bel Fuse (NASDAQ:BELFB) stock moved upwards by 20.61% to $47.5. As of 13:31 EST, Bel Fuse's stock is trading at a volume of 177.3K, which is 127.4% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $607.0 million. As per the press release, Q3 earnings came out yesterday. Meta Materials (NASDAQ:MMAT) shares
- NEWSShares of companies in the broader tech sector are trading lower amid a rise in Treasury yields.
- NEWS12 Information Technology Stocks Moving In Wednesday's Intraday SessionGainers Sigma Additive Solutions (NASDAQ:SASI) stock moved upwards by 37.8% to $5.32 during Wednesday's regular session. The current volume of 7.7 million shares is 968.0% of Sigma Additive Solutions's average full-day volume over the last 100 days (last updated at 13:30 EST). The market value of their outstanding shares is at $3.2 million. SMX (Security Matters) (NASDAQ:SMX) shares increased by 17.02% to $2.2. The current volume of 213.6K shares is 16.3% of SMX (Security Matters)'s average full-day volume over the last 100 days (last updated at 13:30 EST). The company's market cap stands at $5.1 million. MMTEC (NASDAQ:MTC) shares rose 16.34% to $1.21. As of 13:30 EST, MMTEC's stock is tr
- SECSEC Form 6-K filed by Borqs Technologies Inc.6-K - Borqs Technologies, Inc. (0001650575) (Filer)
- NEWSStocks That Hit 52-Week Lows On TuesdayTuesday saw 132 companies set new 52-week lows. Facts of Interest About Today's 52-Week Lows: Corning (NYSE:GLW) was the largest, in terms of market cap, to set a new 52-week low. Wheeler Real Estate IT (NASDAQ:WHLR) was the smallest company when considering market cap to set a new 52-week low. Fortress Biotech (NASDAQ:FBIO) saw the largest move of the companies, as shares plummetted 1350.03% to hit a new 52-week low. Insulet (NASDAQ:PODD)'s stock made the biggest bounce back, actually moving up 0.0% shortly after hitting a new 52-week low. Here are all the stocks that set new 52-week lows on Tuesday: Corning (NYSE:GLW) shares were up 0.2% for the day, having made a 52-week lo
- NEWSWhy Startek Shares Are Trading Higher By 29%? Here Are Other Stocks Moving In Tuesday's Mid-Day SessionGainers SuperCom Ltd. (NASDAQ:SPCB) shares jumped 89% to $0.6805, after falling 13% on Monday. SMX (Security Matters) Public Limited Company (NASDAQ:SMX) shares climbed 87.1% to $3.18 after the company announced it secured a majority stake in True Gold Consortium. PowerFleet, Inc. (NASDAQ:PWFL) gained 42% to $2.80. Powerfleet and MiX Telematics entered into a definitive agreement to form one of the largest mobile asset Internet of Things Software-as-a-Service providers in the world. SaverOne 2014 Ltd (NASDAQ:SVRE) rose 31.1% to $0.7010. Intrusion Inc. (NASDAQ:INTZ) gained 30.4% to $0.4565. Intrusion has been awarded a $5 million agreement with a large telecommunications provider to pro
- NEWSWhy Immunic Shares Are Trading Higher By Around 13%; Here Are 20 Stocks Moving PremarketGainers SuperCom Ltd. (NASDAQ:SPCB) shares rose 78.4% to $0.6425 in pre-market trading, after falling 13% on Monday. Immunic, Inc. (NASDAQ:IMUX) shares gained 13.2% to $1.80 in pre-market trading after the company disclosed positive interim data from Phase 2 CALLIPER trial of vidofludimus calcium in progressive multiple sclerosis. Tempest Therapeutics, Inc. (NASDAQ:TPST) shares rose 21.1% to $0.2785 in pre-market trading, after falling 8% on Monday. Mobilicom Limited (NASDAQ:MOB) rose 41.1% to $2.05 in pre-market trading, after gaining more than 11% on Monday. SMX (Security Matters) Public Limited Company (NASDAQ:SMX) shares climbed 18.2% to $2.01 in pre-market trading, after jumping 1
- PRBorqs Technologies Announces Reverse Stock SplitSANTA CLARA, Calif., Oct. 06, 2023 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (NASDAQ:BRQS, "Borqs", or the "Company"))), a global provider of 5G wireless and Internet of Things (IoT) solutions, today announced that its board of directors has approved a 1-for-12 reverse split of the Company's ordinary shares. The reverse stock split is anticipated to take effect on October 10, 2023 (the "Effective Date"). Accordingly, at the Effective Date, every twelve of the Company's ordinary shares issued and outstanding will be automatically converted into one ordinary share of the Company. The Company's ordinary shares are expected to begin trading on the Nasdaq Capital Market on a post-split basi
- PRBorqs Technologies Shortlists Buyers for the Second Round of Due Diligence & Negotiations for the Divestment of Holu Hou Energy LLCSANTA CLARA, Calif., Oct. 06, 2023 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (NASDAQ:BRQS, "Borqs", or the "Company"))), a global provider of 5G wireless and Internet of Things (IoT) solutions, today announced that it has received multiple non-binding indications of interest for its stake in Holu Hou Energy LLC ("HHE") and a selected group of potential buyers have been invited to participate in the second round of due diligence and negotiations for the complete divestment of the Company's interest in HHE. As previously announced, the Company was mandated by CFIUS to divest its ownership in the solar energy storage subsidiary, HHE, due to national security concerns. Subsequently, Cant
- NEWSStocks That Hit 52-Week Lows On WednesdayOn Wednesday, 311 stocks hit new 52-week lows. Noteworthy Points From Today's 52-Week Lows: Bristol-Myers Squibb Company Common Stock (NYSE:BMY) is the largest company in terms of market cap to set a new 52-week low this morning. SenesTech, Inc. - Common Stock (NASDAQ:SNES) was the smallest company by market cap to set a new 52-week low. A10 Networks, Inc. Common Stock (NYSE:ATEN) saw the most pronounced move, as shares traded down 28.81% to hit its new 52-week low. Bank Of Montreal Common Stock (NYSE:BMO) was the biggest winner of the bunch, with shares actually trading up 0.0% after it rebounded from its new 52-week low. Stocks dropping to new 52-week lows on Wednesday: Bris
- NEWSShares of technology and software stocks are trading lower amid rising Treasury yields, which have negatively impacted growth stocks.
- NEWS11 Information Technology Stocks Moving In Tuesday's Intraday SessionGainers Tempo Automation Holdings (NASDAQ:TMPO) shares increased by 33.7% to $0.19 during Tuesday's regular session. As of 13:30 EST, Tempo Automation Holdings's stock is trading at a volume of 27.2 million, which is 2395.4% of its average full-day volume over the last 100 days. The company's market cap stands at $5.9 million. VIA optronics (NYSE:VIAO) stock rose 13.85% to $1.15. The market value of their outstanding shares is at $26.0 million. Strong Global (AMEX:SGE) shares moved upwards by 9.73% to $2.14. The market value of their outstanding shares is at $16.5 million. Addvantage Technologies (NASDAQ:AEY) shares moved upwards by 8.54% to $0.42. The company's market cap stands at $6.2
- NEWSBorqs Technologies Is Expanding Its IoT Device Businesses In Africa Annual Potential Sales Of $30MBorqs Technologies, Inc. (NASDAQ:BRQS, "Borqs", or the "Company"))))), a global provider of 5G wireless and Internet of Things (IoT) solutions, today announced that it is actively engaged in business development with partners to manufacture smart IoT devices for the African market. The smart IoT devices, mainly mobile phones, will be leased to local users in Africa from a local leasing company. These devices are built with advanced security software to prevent fraud and theft. "The number of mobile users in Africa has been growing rapidly. However, not all African consumers can afford smart IoT devices. Therefore, leasing mobile equipment is a viable solution in the African market. Borqs' ex
- PRBorqs Technologies is Expanding Its IoT Device Businesses in Africa Annual Potential Sales of $30 millionSANTA CLARA, Calif., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (NASDAQ:BRQS, "Borqs", or the "Company"))), a global provider of 5G wireless and Internet of Things (IoT) solutions, today announced that it is actively engaged in business development with partners to manufacture smart IoT devices for the African market. The smart IoT devices, mainly mobile phones, will be leased to local users in Africa from a local leasing company. These devices are built with advanced security software to prevent fraud and theft. "The number of mobile users in Africa has been growing rapidly. However, not all African consumers can afford smart IoT devices. Therefore, leasing mobile equ
- NEWS10 Information Technology Stocks Moving In Monday's Intraday SessionGainers Presto Automation (NASDAQ:PRST) stock increased by 35.2% to $1.93 during Monday's regular session. Trading volume for this security as of 13:30 EST is 797.1K, which is 308.3% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $111.2 million. Mawson Infra Gr (NASDAQ:MIGI) shares moved upwards by 31.35% to $0.72. As of 13:30 EST, this security is trading at a volume of 409.9K shares, making up 217.1% of its average full-day volume over the last 100 days. The company's market cap stands at $11.9 million. WaveDancer (NASDAQ:WAVD) stock rose 15.7% to $0.3. Trading volume for WaveDancer's stock is 2.5 million as of 13:30 EST. This i
- NEWSWhy Intelligent Bio Solutions Shares Are Trading Lower By Around 55%? Here Are Other Stocks Moving In Monday's Mid-Day SessionGainers AERWINS Technologies Inc. (NASDAQ:AWIN) shares climbed 86.1% to $0.2248 after the company said it is considering strategic alternatives for its non-core operations. Momentus Inc. (NASDAQ:MNTS) climbed 54% to $3.08. IceCure Medical Ltd (NASDAQ:ICCM) gained 35.2% to $0.75 after the company said new data was presented at the European Society of Breast Imaging Scientific Meeting in Valencia, Spain by Lucía Graña-López, MD, PhD, principal investigator of the independent, non-sponsored study. Mawson Infrastructure Group, Inc. (NASDAQ:MIGI) jumped 29% to $0.7115. WaveDancer, Inc. (NASDAQ:WAVD) gained 29% to $0.3250. WaveDancer Form4 filing showed CEO Gerald James Jr, Benoit bought 35
- NEWSStocks That Hit 52-Week Lows On MondayOn Monday, 369 companies set new 52-week lows. Intriguing Points From Today's 52-Week Lows: Danaher (NYSE:DHR) was the biggest company by market cap to set a new 52-week low. The smallest company in terms of market cap to set a new 52-week low was Ascent Solar Technologies (NASDAQ:ASTI). EBET (NASDAQ:EBET) saw the largest move of the companies, as shares plummetted 2955.38% to hit a new 52-week low. Fiserv (NYSE:FI) was the most promising stock of the group, with shares actually trading up 0.0% to bounce back after reaching its new 52-week low. Here are all the stocks that set new 52-week lows as of 10am on Monday: Danaher (NYSE:DHR) stock set a new 52-week low of $210.14 on M
BRQS FAQ
6 questionsWhat does Borqs Technologies Inc. do?
Borqs Technologies, Inc., through its subsidiaries, focuses on software, development services, and products that provides Android-based smart connected devices and cloud service solutions in China, India, the United States, and internationally. The company offers commercial grade Android platform software and service solutions to address vertical market segment needs through the targeted BorqsWare software platform solutions. Its BorqsWare software platform consists of BorqsWare Client software that has been used in Android phones, tablets, watches, and various Internet-of-things devices; and...Where does BRQS stock trade?
Borqs Technologies Inc. (BRQS) is listed on NASDAQ.What sector and industry is BRQS in?
Borqs Technologies Inc. operates in the Technology sector, EDP Services industry.When did Borqs Technologies Inc. go public?
Borqs Technologies Inc. (BRQS) completed its IPO in 2015.What companies are similar to BRQS?
Notable peers in the same industry include NEE (NextEra Energy Inc.), PDD (PDD Holdings Inc.), INFY (Infosys Limited), DASH (DoorDash Inc.), WDAY (Workday Inc.). Compare BRQS side-by-side with any of them on Quantisnow.How can I track BRQS on Quantisnow?
Quantisnow aggregates Borqs Technologies Inc.'s SEC filings, analyst ratings, insider transactions, FDA approvals, and press releases the moment they hit the wire (Wall Street's wire, on your screen.). Follow BRQS to receive live email and push alerts on every new disclosure.