Technology Stocks : BB: BlackBerry (fka RIMM: Research in Motion)
BB 10.38+0.5%1:54 PM EDTNews

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sultan who wrote (1232)12/20/2017 9:10:42 AM
From: kidl1 Recommendation

Recommended By
The Ox

  Read Replies (1) of 1380
BlackBerry +7.6% after Q3 beats, record software revenue

Dec. 20, 2017 7:35 AM ET|About: BlackBerry Ltd. (BB)|By: Brandy Betz, SA News Editor

BlackBerry (NYSE: BB) shares are up 7.6% premarket after Q3 results that beat EPS and revenue estimates.

FY18 guidance was reaffirmed with revenue from $920M to $950M (consensus: $927.19M) and a positive EPS (consensus: $0.06). Non-GAAP software and services revenue growth expected between 10% and 15% and FCF expected to be positive.

Key metrics: Software and services revenue, $199M (new record); recurring software and services revenue, 75%; non-GAAP gross margin, 77%; adjusted EBITDA, $35M; operating income, $16M; cash and equivalents, $2.5B.

Customers: Approximately 3K enterprise customer orders in Q3. Customer wins included NATO, Deutsche Bank, and the U.S. Department of Defense.

Press release
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

Copyright © 1995-2018 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.