BlackBerry put out their Q4 2015 numbers [Warning: PDF] just a little while ago. Here’s the key points:
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The company reported a net profit of $28 million, or 5 cents a share, in the quarter ended Feb. 28. That compared with a year-earlier loss of $148 million, or 28 cents a share.
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Excluding one-time items, the company quarterly profit was $20 million, or 4 cents a share.
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Quarterly revenue, however, slid to $660 million from $793 million.
So, BlackBerry made money. At least John Chen was right on that front. The question is, can they keep moving forward to build on this positive news? Though I will admit that investors don’t see it as all that positive as the stock is only up slightly in pre-market trading.
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This entry was posted on March 27, 2015 at 7:36 am 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 Nets Small Profit But Revenue Drops
BlackBerry put out their Q4 2015 numbers [Warning: PDF] just a little while ago. Here’s the key points:
The company reported a net profit of $28 million, or 5 cents a share, in the quarter ended Feb. 28. That compared with a year-earlier loss of $148 million, or 28 cents a share.
Excluding one-time items, the company quarterly profit was $20 million, or 4 cents a share.
Quarterly revenue, however, slid to $660 million from $793 million.
So, BlackBerry made money. At least John Chen was right on that front. The question is, can they keep moving forward to build on this positive news? Though I will admit that investors don’t see it as all that positive as the stock is only up slightly in pre-market trading.
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This entry was posted on March 27, 2015 at 7:36 am 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.