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BlackBerry: record quarterly software and services revenue
(CercleFinance.com) - Canada's BlackBerry has achieved record software and services revenue in the fourth quarter, and also generated positive cash flow from operations for the fiscal year.
The security software company - which is transitioning from the hardware business - reported non-GAAP operating income of 19 million dollars, with non-GAAP EPS of 0.05 dollar. Total software and services revenue reached 218 million in the three months to 28 February. BlackBerry said approximately 70% of revenues are recurrent, with approximately 3,500 corporate customer orders. The group's full-year free cash flow reaches 47 million dollars. These figures have sent the stock up over 5% in premarket trading on Wednesday. Copyright (c) 2018 CercleFinance.com. All rights reserved. |
19/04/2024 18:06
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