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BRIEF-Blackberry Reports Q2 Non-GAAP Earnings Per Share $0.00

Published 2019-09-24, 07:06 a/m
© Reuters.  BRIEF-Blackberry Reports Q2 Non-GAAP Earnings Per Share $0.00
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Sept 24 (Reuters) - Blackberry Ltd BB.TO :

* BLACKBERRY REPORTS FISCAL 2020 SECOND QUARTER RESULTS

* Q2 NON-GAAP EARNINGS PER SHARE $0.00

* Q2 GAAP LOSS PER SHARE $0.10

* Q2 REVENUE $261 MILLION VERSUS REFINITIV IBES ESTIMATE OF $266 MILLION

* Q2 EARNINGS PER SHARE ESTIMATE $-0.00 -- REFINITIV IBES DATA

* SEES FY 2020 REVENUE UP 23 TO 25 PERCENT

* ESTIMATES FISCAL 2020 TOTAL COMPANY NON-GAAP REVENUE GROWTH TO BE IN RANGE OF 23% TO 25%,

* SEES NON-GAAP PROFITABILITY FOR FISCAL 2020

* GAAP REVENUE FOR Q2 2020 $244 MILLION, UP 16%

* FY2020 EARNINGS PER SHARE VIEW $0.07, REVENUE VIEW $1.13 BILLION -- REFINITIV IBES DATA

* QTRLY NON-GAAP SOFTWARE AND SERVICES REVENUE OF $256 MILLION, 30% GROWTH YEAR-OVER-YEAR

* QTRLY TOTAL GAAP SOFTWARE AND SERVICES REVENUE OF $239 MILLION, 24% GROWTH YEAR-OVER-YEAR

* TOTAL CASH, CASH EQUIVALENTS, SHORT-TERM AND LONG-TERM INVESTMENTS WAS $938 MILLION AS OF AUGUST 31, 2019

* SEES DOUBLE-DIGIT PERCENTAGE INCREASE IN FISCAL 2020 BILLINGS YEAR-OVER-YEAR, AND NON-GAAP PROFITABILITY FOR FISCAL 2020

* PROMOTES STEVE RAI FROM DEPUTY CHIEF FINANCIAL OFFICER TO CHIEF FINANCIAL OFFICER

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