Skip to main content

BlackBerry: Fiscal Q4 Earnings Snapshot

WATERLOO, Ontario (AP) — WATERLOO, Ontario (AP) — BlackBerry Ltd. (BB) on Thursday reported fiscal fourth-quarter net income of $24.3 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Waterloo, Ontario-based company said it had net income of 4 cents. Earnings, adjusted for stock option expense and restructuring costs, were 6 cents per share.

The cybersecurity software and services company posted revenue of $156 million in the period.

For the year, the company reported net income of $53.2 million, or 9 cents per share, swinging to a profit in the period. Revenue was reported as $549.1 million.

For the current quarter ending in May, BlackBerry expects its per-share earnings to range from 2 cents to 3 cents.

The company said it expects revenue in the range of $132 million to $140 million for the fiscal first quarter.

BlackBerry expects full-year earnings in the range of 15 cents to 19 cents per share, with revenue ranging from $584 million to $611 million.

The company’s shares closed at $3.53. A year ago, they were trading at $2.87.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BB at https://www.zacks.com/ap/BB

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story