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BRIEF-BlackBerry comments from fiscal Q2 conference call

Published 2015-09-25, 08:55 a/m
© Reuters.  BRIEF-BlackBerry comments from fiscal Q2 conference call
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Sept 25 (Reuters) - BlackBerry BB.TO :
* CEO says bes 12 software and qnx were the largest contributors to the
software revenue growth in the quarter
* CEO says new software customer adds in the quarter include airbus, td bank,
siemens and lg electronics, among others
* CEO says not satisfied with performance of the handset business
* CEO says in Q2 company we did not generate any ip licensing revenue
* CEO says expects cost synergies from good acquisition; sees full integration
plan on day one
* CEO says software revenue should continue to grow in double-digits in next
two quarters
* CEO says will move quickly to eliminate duplicate back office functions and
infrastructure after good deal closes
* CEO says board has approved additional share buyback of 15 million shares
* CFO james yersh says average selling price of a BlackBerry device in quarter
was $240
* CEO says if android device is successful, accepted by high regulated clients,
co could move solely to android
* CEO says is cheaper for co to build and bring an android device to market
than a bb10 device
* CEO says no plan to release another bb10 device this year
* CEO says expects software revenue growth to offset services decline by Q4
* CEO says contribution to revenue of bbm is still below our expectation
* Shares turn positive in pre-market NASDAQ trade, at $7.05

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