Motricity (MOTR) has lost over half its value post-trading after its Q2 badly misses estimates....

|By:, SA News Editor

Motricity (MOTR) has lost over half its value post-trading after its Q2 badly misses estimates. EPS was $0.04, vs. expectations of $0.09, and revenue came in at $34.6M vs. consensus of $37M. For Q3, the company expects revenue in the range of $31.5 to $32.5M, far below Street expectations of $45M. Shares are -55% AH.