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.
