BlackBerry today put out their numbers for Q2 [Warning: PDF] and they were not all that bad. Here’s the highlights:
- BlackBerry made $916-million in revenue in Q2, ended Aug. 30. That was below expectations and down 5.2 per cent from the preceding quarter.
- BlackBerry lost 2 cents per share factoring out the fluctuating value of its debentures, compared with expectations of a 16 cent loss. That’s good.
- BlackBerry had a net loss of $207-million, or 39 cents a share, compared with a loss of $965-million, or $1.84 per share, a year earlier. That’s good.
That sort of implies that the company is making its way out of the wilderness. Though it still has a long way to go. What might help them is the fact that the Passport sold out on it’s first day of sales. Investors will want to see that and more going forward.
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This entry was posted on September 26, 2014 at 2:03 pm and is filed under Commentary with tags BlackBerry. You can follow any responses to this entry through the RSS 2.0 feed.
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BlackBerry Reports Q2 Numbers….And They Don’t Suck
BlackBerry today put out their numbers for Q2 [Warning: PDF] and they were not all that bad. Here’s the highlights:
That sort of implies that the company is making its way out of the wilderness. Though it still has a long way to go. What might help them is the fact that the Passport sold out on it’s first day of sales. Investors will want to see that and more going forward.
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This entry was posted on September 26, 2014 at 2:03 pm and is filed under Commentary with tags BlackBerry. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.