Research In Motion (RIMM) Tops Q1 EPS by 1c, Sales Miss; Authorizes 5% Buyback; Cuts FY12 Outlook
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Research In Motion (NASDAQ: RIMM) reported Q1 EPS of $1.33, $0.01 better than the analyst estimate of $1.32. Revenue for the quarter came in at $4.9 billion versus the consensus estimate of $5.15 billion.
Authorizes buyback.
Sees Q2 sales $4.2-$4.8 billion, vs. consensus of $5.46 billion.
Lowers FY12 EPS guidance to $5.25-$6.00, vs. the consensus of $6.29.
Authorizes buyback.
Sees Q2 sales $4.2-$4.8 billion, vs. consensus of $5.46 billion.
Lowers FY12 EPS guidance to $5.25-$6.00, vs. the consensus of $6.29.
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