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BRIEF-BlackBerry Q2 non-GAAP loss per share $0.13

Published 2015-09-25, 07:27 a/m
© Reuters.  BRIEF-BlackBerry Q2 non-GAAP loss per share $0.13
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Sept 25 (Reuters) - BlackBerry BB.TO :
* Reports fiscal 2016 second quarter results
* Q2 non-GAAP loss per share $0.13
* Q2 earnings per share view $-0.09 -- Thomson Reuters I/B/E/S
* Q2 revenue $491 million versus I/B/E/S view $610.6 million
* Q2 GAAP earnings per share $0.10
* Says cash and investments balance of $3.35 billion at the end of the fiscal
quarter, an increase of $37 million over Q1 FY 2016
* Q2 non GAAP gross margin 40.9 percent versus 47.5 percent
* Q2 GAAP gross margin 37.8 percent versus 46.4 percent
* Revenue breakdown for the quarter was approximately 15% for software and
services, 41% for hardware, and 43% for service access fees
* Qtrly non-GAAP software and services revenue of $74 million, 19% increase
over Q2 FY 2015 driven by 33% growth in software licensing revenue
* Says BlackBerry had 2,400 enterprise customer wins in the quarter
* Confirmed plans to launch a flagship handheld device that will run on the
android operating system with BlackBerry security
* During the second quarter, the company recognized hardware revenue on over
800,000 BlackBerry smartphones
* Says confirming plans to launch priv
* Says BlackBerry is announcing two new additions to its handheld device
roadmap
* Says expects the device to be available late in the calendar year in major
markets in-store and online
* Says anticipate modest sequential revenue growth in each of the remaining
quarters of fiscal 2016
* Company continues to anticipate FY positive free cash flow
* Will continue to develop and enhance BlackBerry 10 operating system
* Version 10.3.3 for BlackBerry 10 operating system scheduled to be available
in March 2016
* Qtrly GAAP revenue of $490 million
* Says company targets sustainable non-GAAP profitability in the fiscal 2016
fourth quarter

* Source text for Eikon ID:nMKW3zcSma

* Further company coverage BB.TO

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