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BRIEF-Blackberry says Q1 non-GAAP net income $0.00 per share

Published 2016-06-23, 07:20 a/m
© Reuters.  BRIEF-Blackberry says Q1 non-GAAP net income $0.00 per share
BB
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June 23 (Reuters) - Blackberry Ltd BB.TO
* Blackberry reports record software and services revenue
for Q1 fiscal 2017
* Qtrly non-gaap total revenue of $424 million
* Q1 non gaap gross margin 53% versus 50.3 percent last year
* Total cash, cash equivalents, short-term and long-term
investments was $2.5 billion as of May 31, 2016
* Cash and investments balance of $2.5 billion at end of
first fiscal quarter
* Non-GAAP revenue breakdown for Q1 was about 39% for
software and services, 25% for service access fees , 36% for
mobility solutions
* Blackberry had approximately 3,300 enterprise customer
wins in quarter
* Expect to generate positive free cash flow for full year
* On track to deliver 30 percent revenue growth in software
and services for fy
* Qtrly loss per share $1.28
* Expect a non-GAAP EPS loss of around 15 cents for FY
* For full fiscal year expect a non-gaap EPS loss of around
15 cents
* Non-GAAP net income was $0.00 per share for Q1
* Qtrly revenue $400 million versus $658 million

Source text for Eikon: ID:nCCN1Q1vjK
Further company coverage: BB.TO

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