Earnings and Losses

Funtalk China's 2Q earnings more than double

Forbes |

In Brief...

Funtalk China Holdings Ltd., a Chinese cell phone seller and distributor, said Tuesday its fiscal second-quarter earnings more than doubled, helped by increased revenue.. The company also provided an estimate of third-quarter revenue that is within the range of Wall Street's expectations.. This beat the 17 cents per share that analysts polled by Thomson Reuters predicted. Revenue rose 26 percent to $260.4 million from $207.7 million. Analysts anticipate third-quarter revenue of $274.1 million and full-year revenue of $1.08 billion..

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