Imperial Capital Cuts Price Target on BlackBerry (BBRY) Following 2Q16 Earnings Results
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BlackBerry Reports Fiscal 2016 Second Quarter Results
September 25, 2015 7:01 AM EDTWATERLOO, ONTARIO -- (Marketwired) -- 09/25/15 -- BlackBerry Limited (NASDAQ: BBRY)(TSX: BB), a global leader in mobile communications, today reported financial results for the three months ended August 29, 2015 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).
Q2 Highlights
-- Non-GAAP software and services revenue of $74 million, a 19% increase over Q2 FY15 driven by 33% growth in software licensing revenue -- Positive free cash flow of $100 million in the quarter -- Cash and investments balance of $3.35 billion at the end of the... More