BlackBerry (BBRY) Posts Q4 Loss of 3c/Share; Revenue Lighter than Expected
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BlackBerry Reports Software and Services Growth of 106 Percent for Q4 and 113 Percent for Fiscal 2016
April 1, 2016 7:01 AM EDTWATERLOO, ONTARIO -- (Marketwired) -- 04/01/16 -- BlackBerry Limited (NASDAQ: BBRY)(TSX: BB), a global leader in mobile communications, today reported financial results for the three months and fiscal year ended February 29, 2016 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).
Q4 Highlights
-- Non-GAAP total revenue of $487 million -- Non-GAAP software and services revenue of $153 million, up 106% percent for the same quarter year over year, allowing software and services revenue to grow to $527 million in FY 2016 -- Adjusted EBITDA of $78... More