BlackBerry beats by $0.03, beats on Non-GAAP revs; reaffirms FY19 guidance
- Reports Q2 (Aug) earnings of $0.04 per share, $0.03 better thanthe S&P Capital IQ Consensus of $0.01; Non-GAAP revenues fell 14.1% year/year to $214 mln vs the $209.41 mln S&P Capital IQ Consensus. Co also reported GAAP revs of $210 mln.
- Non-GAAP total software and services revenue of $197 million; GAAP total software and services revenue of $193 million.
- FY19 Guidance Reaffirmed: Total company software and services billings growth is expected to be double-digits. Total software and services revenue growth of between 8% to 10% year-over-year. Non-GAAP EPS is expected to be positive. Free cash flow is expected to be positive for the full year, before considering the impact of restructuring and legal proceedings.
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