China TechFaith (NASDAQ: CNTF) announced its earnings results on Tuesday. The company reported $0.01 EPS for the quarter, Stock Ratings Network.com reports. The company had revenue of $28.20 million for the quarter, compared to the consensus estimate of $42.70 million.

Shares of China TechFaith (NASDAQ: CNTF) opened at 1.02 on Tuesday. China TechFaith has a 52 week low of $0.87 and a 52 week high of $1.59. The stock’s 50-day moving average is currently $1.05. The company’s market cap is $54.0 million.

China Techfaith Wireless Communication Technology Limited (NASDAQ: CNTF), is a holding company.

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