BlackBerry (BB) Tops Q3 EPS by 5c

BlackBerry (NYSE: BB) reported Q3 EPS of $0.05, $0.05 better than the analyst estimate of $0.00. Revenue for the quarter came in at $228 million versus the consensus estimate of $214.38 million.

Outlook

BlackBerry re-affirms its outlook for fiscal 2019 with software and services billings and revenue growth, profitability and positive cash flow, as follows:

• Total company software and services billings growth is expected to be double-digits
• Total software and services revenue growth of between 8% to 10% year-over-year
• Non-GAAP earnings per share is expected to be positive
• Free cash flow is expected to be positive for the full year

For earnings history and earnings-related data on BlackBerry (BB) click here.

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