- Note: BlackBerry (BBRY) changed its ticker symbol to BB (the same symbol it uses in Toronto), and moved its listing to the NYSE. The company started trading on the new exchange Oct. 16, 2017. Its listing on the Toronto exchange did not change.
- The following day: another +4%
BlackBerry beats by $0.05, beats on revs; guides FY18 Non-GAAP revs above consensus
- Reports Q2 (Aug) earnings of $0.05 per share, excluding non-recurring items, $0.05 better than the Capital IQ Consensus of ($0.00); Non-GAAP revenues fell 41.3% year/year to $249 mln vs the $221.21 mln Capital IQ Consensus. Record gross margin of 76% (non-GAAP) and 74% (GAAP). Adjusted EBITDA of $50 million; positive for fourteenth consecutive quarter.
- Co issues guidance for FY18, sees FY18 revs of $920-950 mln vs. $920.45 mln Capital IQ Consensus Estimate.
- Guidance Details: Total non-GAAP software and services revenue growth in the range of 10 percent to 15 percent -- Positive non-GAAP EPS for the full year -- Positive free cash flow for the full year, before taking into account the net impact of the benefit of the Qualcomm arbitration award and costs related to restructuring and transition from the hardware business.
No comments:
Post a Comment