BlackBerry (BB) Tops Q1 EPS by 3c

BlackBerry (NYSE: BB) reported Q1 EPS of $0.03, $0.03 better than the analyst estimate of $0.00. Revenue for the quarter came in at $217 million versus the consensus estimate of $209.03 million.

BlackBerry’s outlook for fiscal 2019 is as follows:

• Total company software and services billings growth is expected to be double-digits
• Non-GAAP EPS is expected to be positive
• Free cash flow is expected to be positive for the full year, before considering the impact of restructuring and legal proceedings
• Total software and services revenue growth of between 8% to 10% year-over-year

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

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