Investor's Alert: ArQule (ARQL), KVH Industries (KVHI), Cheetah Mobile (CMCM)

ArQule (ARQL) reported an unchanged Q3 loss to best analysts' estimates and reaffirmed its guidance for 2014. The clinical-stage biotechnology company said its total Q3 loss widened to $6.4 million from $6.1 million but was unchanged on a per-share basis at $0.10 on a slightly higher share count. Analysts polled by Capital IQ had expected a loss of $0.13 per share. Revenue fell to $2.7 million from $3.5 million and came in ahead of the $2.3 million consensus. For 2014, ArQule still expects revenue between $8 million and $10 million and a net loss of $0.48 to $0.52 per share. The Street is at $9.9 million in revenue, a non-GAAP loss of $0.47 and a GAAP loss of $0.51 per share. ARQL closed lower 3.6% at $1.06 on Friday, near the lower end of the 52-week range between $1.04 and $2.92.KVH Industries (KVHI) reported Q3 earnings that fell short of analysts' estimates and reaffirmed its guidance for Q4 earnings that was in line with estimates. The maker of solutions for global high-speed internet, television and voice services via satellite said non-GAAP earnings fell to $0.07 per share from $0.09 the year earlier, missing the $0.14 average estimate from analysts polled by Capital IQ. Revenue rose to $44.3 million from $40.2 million while non-GAAP revenue was $44.9 million. Analysts had expected revenue of $44.6 million.For Q4, KVH Industries said it expects GAAP revenue between $47 million and $51 million compared to the $48 million consensus, and full year revenue between $169 million to $173 million compared to the $170 million estimate. Non-GAAP income is expected to be between $0.10 and $0.15 in Q4, straddling the $0.11 consensus. Meanwhile, Q3 reported net income fell to $0.2 million or $0.01 per diluted share from $1.4 million or $0.09 million a year ago.Cheetah Mobile (CMCM), a mobile internet company, announced Q3 results that beat the Street view on both earnings and total revenues, largely due to growth in user traffic and demand for advertising. The company reported Q3 adjusted EPS of RMB0.43 ($0.07), up from RMB0.11 in the prior year period and beating analyst estimates of RMB0.42. Total revenues of RMB478.67 million ($77.98 million) were up from RMB185.49 million in Q3 2013 and topped analyst projections of RMB441.42 million for the quarter. For Q4, the company expects its total estimated revenues to be between RMB560 million ($91 million) and RMB570 million ($93 million). Shares of CMCM are up $0.85, or 4.21%, at $21.05 in morning trading within a 52-week range of $12.50 - $30.77.