BlackBerry beats by $0.03, beats on revs; reaffirms FY19 EPS guidance
- Reports Q3 (Nov) earnings of $0.05 per share, excluding non-recurring items, $0.03 better than the S&P Capital IQ Consensus of $0.02; GAAP revenues were unchanged year/year at $226 mln vs the $215.38 mln S&P Capital IQ Consensus.
- Co reaffirms guidance for FY19, sees EPS of positive EPS vs. $0.13 S&P Capital IQ Consensus.
- BlackBerry re-affirms its outlook for fiscal 2019 with software and services billings and revenue growth, profitability and positive cash flow, as follows: Total company software and services billings growth is expected to be double-digits Total software and services revenue growth of between 8% to 10% year-over-year Non-GAAP earnings per share is expected to be positive Free cash flow is expected to be positive for the full year.
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