BlackBerry (BB) Tops Q3 EPS by 3c, Revs Beat; Maintains Outlook

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BlackBerry Reports Record Software and Services Revenue for the Second Consecutive Quarter in Q3 Fiscal 2018

December 20, 2017 7:00 AM EST

WATERLOO, ONTARIO -- (Marketwired) -- 12/20/17 -- BlackBerry Limited (NYSE: BB)(TSX: BB), a cybersecurity software and services company dedicated to securing the enterprise of things, today reported financial results for the three months ended November 30, 2017 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).

Q3 Highlights

-- Total company revenue of $235 million (non-GAAP) and $226 million (GAAP) -- Record software and services revenue of $199 million (non-GAAP) and $190 million (GAAP), breaking the record set last quarter -- Record gross margin of 77% (non-GAAP) and 74% (GAAP),... More