Trade with Eva: Analytics in action >>

Friday, March 31, 2017

=BlackBerry (BBRY) reported earnings on Fri 31 March 2017 (b/o)




BlackBerry beats by $0.04, beats on revs; expects to be profitable on a non-GAAP basis and to generate positive free cash flow for FY18:
  • Reports Q4 (Feb) adj earnings of $0.04 per share, $0.04 better than the Capital IQ Consensus of ($0.00); Non-GAAP revenues fell 39.0% year/year to $297 mln vs the $288.45 mln Capital IQ Consensus. 
  • "Q4 non-GAAP Company total software and services revenues of $193 million; GAAP Company total software and services revenues of $182 million -- Q4 non-GAAP gross margin of 65%; GAAP gross margin of 60% -- Q4 adjusted EBITDA of $42 million; positive for thirteenth consecutive quarter."
  • FY18 Guidance: "Looking ahead to fiscal 2018, we expect to grow at or above the overall market in our software business. We also expect to be profitable on a non-GAAP basis and to generate positive free cash flow for the full year."

No comments:

Post a Comment