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BRIEF-Blackberry Reports Loss Per Share $1.14

Published 2020-06-24, 05:08 p/m
© Reuters.
BB
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June 24 (Reuters) - Blackberry Ltd BB.TO :

* BLACKBERRY REPORTS FISCAL 2021 FIRST QUARTER RESULTS

* Q1 NON-GAAP EARNINGS PER SHARE $0.02

* Q1 GAAP LOSS PER SHARE $1.14

* Q1 EARNINGS PER SHARE ESTIMATE $-0.02 -- REFINITIV IBES DATA

* Q1 FISCAL 2021 GAAP NET LOSS INCLUDES $594 MILLION IN A NON-CASH, ONE-TIME GOODWILL IMPAIRMENT CHARGE

* TOTAL COMPANY NON-GAAP REVENUE FOR Q1 OF FISCAL 2021 WAS $214 MILLION VERSUS $267 MILLION LAST YEAR

* NOT PROVIDING A FINANCIAL OUTLOOK FOR FISCAL 2021.

* AT MAY 31, TOTAL CASH, CASH EQUIVALENTS, SHORT-TERM AND LONG-TERM INVESTMENTS WERE $955 MILLION

* TOTAL COMPANY GAAP REVENUE FOR Q1 OF FISCAL 2021 WAS $206 MILLION VERSUS $247 MILLION

* BLACKBERRY QNX WAS IMPACTED BY MACRO HEADWINDS IN AUTO AND OTHER EMBEDDED SECTORS IN QUARTER

* "WE ARE STARTING TO SEE SIGNS OF A RECOVERY"

* QTRLY RECURRING NON-GAAP SOFTWARE PRODUCT REVENUE WAS OVER 90%

* ON ENTERPRISE FRONT, CO SAW GOOD DEMAND FROM CUSTOMERS IN QUARTER

* Q1 REVENUE VIEW $213.0 MILLION -- REFINITIV IBES DATA

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