Brief: Techfaith sees Q2 revenue $23 million-$27 million
26/05/2015 12:12
May 26 (Reuters) - China Techfaith Wireless Communication Technology Ltd CNTF.O : * Techfaith reports first quarter 2015 financial results; announces management succession * Sees Q2 2015 revenue $23 million to $27 million * Q1 revenue $24.7 million versus $26.8 million * President and chief operating officer, deyou dong, will also serve as CEO of techfaith * Says effective today, founder, defu dong, will serve solely as chairman of the board * Qtrly net loss was US$0.06 net loss per weighted average outstanding ads * Source text for Eikon ID:nPn2nZW3h * Further company coverage CNTF.O ((Bengaluru Newsroom; +1 646 223 8780))