BlackBerry (BBRY) Tops Q2 EPS by 5c; Will End Internal Hardware Development; Boosts FY17 Outlook

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Go back to BlackBerry (BBRY) Tops Q2 EPS by 5c; Will End Internal Hardware Development; Boosts FY17 Outlook

BlackBerry Announces Appointment of Steven Capelli as Chief Financial Officer

September 28, 2016 7:02 AM EDT

WATERLOO, ONTARIO -- (Marketwired) -- 09/28/16 -- BlackBerry Limited (NASDAQ: BBRY)(TSX: BB) today announced the appointment of Steven Capelli as Chief Financial Officer. Capelli brings 25 years of executive experience in the software and technology industry with a strong track record for driving profitable growth and increased operational efficiencies across business and corporate functions.

"I am pleased to welcome Steve Capelli as our new Chief Financial Officer," said John Chen, Executive Chairman and CEO of BlackBerry. "Steve is a highly experienced and respected financial expert and... More

BlackBerry Reports 89% Year Over Year Growth in GAAP Software and Services Revenue for Q2 Fiscal 2017; Company Announces New Strategic Direction for Mobility Solutions

September 28, 2016 7:01 AM EDT

WATERLOO, ONTARIO -- (Marketwired) -- 09/28/16 -- BlackBerry Limited (NASDAQ: BBRY)(TSX: BB), a global software leader in securing, connecting and mobilizing enterprises, today reported financial results for the three months ended August 31, 2016 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).

Q2 Highlights

-- Non-GAAP total revenue of $352 million; GAAP revenue of $334 million -- Non-GAAP software and services revenue of $156 million; GAAP software and services revenue of $138 million -- Eleventh consecutive quarter of positive adjusted EBITDA -- Breakeven non-GAAP earnings... More