[bizzarothor]

Down here as well, was down when I checked earlier at 3:32 am eastern time, when I could not sleep.

[Shanerredflag]

hahaha.... Is who working for me?

CB 10 app

[Shanerredflag]

Oh well... no news for me today I guess, uninstalled and reinstalled now nothing is working...SUCKS!!

[cjcampbell]

CB 10 app

Yeah.... they are late on their payables.

[cjcampbell]

Oh well... no news for me today I guess, uninstalled and reinstalled now nothing is working...SUCKS!!

There's always the browser.

[Zimbad]

Earnings: $966 million
EPS: $0.04 !

oooo BlackBerry Reports 2015 Fiscal First Quarter GAAP Profitability

[cgk]

Q1 Results

Revenue for the first quarter of fiscal 2015 was $966 million, down $10 million or 1% from $976 million in the previous quarter. The revenue breakdown for the quarter was approximately 39% for hardware, 54% for services and 7% for software and other revenue. During the first quarter, the Company recognized hardware revenue on approximately 1.6 million BlackBerry smartphones compared to approximately 1.3 million BlackBerry smartphones in the previous quarter. During the first quarter, approximately 2.6 million BlackBerry smartphones were sold through to end customers, which included shipments made and recognized prior to the first quarter and which reduced the Company's inventory in channel.


GAAP net income for the first quarter was $23 million, or $0.04 earnings per share ("EPS"). The net income includes non-cash income associated with the change in the fair value of the Debentures of $287 million (the "Q1 Fiscal 2015 Debentures Fair Value Adjustment") and pre-tax restructuring charges of $226 million related to the Cost Optimization and Resource Efficiency ("CORE") program. Excluding these items, adjusted loss for the first quarter was $60 million, or $0.11 per share. These impacts on GAAP net income and EPS are summarized in the table below.


The total of cash, cash equivalents, short-term and long-term investments was $3.1 billion as of May 31, 2014, compared to $2.7 billion at the end of the previous quarter - a net increase of $429 million. Excluding receipt of a tax refund of $397 million and proceeds on the sale of real estate of $287 million, the Company used $255 million in the first quarter. This represents a decrease from $784 million used last quarter, after excluding proceeds of $250 million related to convertible debt issuance. Purchase obligations and other commitments amounted to approximately $1.8 billion as at May 31, 2014, with purchase orders with contract manufacturers representing approximately $317 million of the total.


"Our performance in fiscal Q1 demonstrates that we are firmly on track to achieve important milestones, including our financial objectives and delivering a strong product portfolio," said John Chen, Executive Chairman and Chief Executive Officer of BlackBerry. "Over the past six months, we have focused on improving efficiency in all aspects of our operations to drive cost reductions and margin improvement. Looking forward, we are focusing on our growth plan to enable our return to profitability."

[cjcampbell]

And it's a beat. Not a huge beat but a beat non the less. Added to the cash too so no need to worry about the burn and inability to continue operations.

[slipstream89]

only revenue missed expectations...and not by alot like 10 million?

cash on hand increased back to 3.1 billion too, im damn well impressed atm

HIGHLIGHTS
Q1 Highlights:

Cash and investments balance of $3.1 billion at the end of the fiscal first quarter, up from $2.7 billion in the prior quarter

Adjusted Q1 gross margin of 48%, up from 43% in the prior quarter

Reduced adjusted operating expenses by 57% year over year and 13% quarter over quarter

Successfully launched the new Z3 device in Indonesia; 8 additional countries to follow

EZ Pass Program resulted in a total of 1.2 million licenses issued for BES10, including more than 10% of total licenses traded in from competitors' Mobile Device Management platforms

Launched Project Ion focused on the "Internet of Things" market

[BlackistheBerry]

This is going to suck...CB app forums are down.

Back up in time!

[BlackistheBerry]

Earnings: $966 million
EPS: $0.04 !

oooo BlackBerry Reports 2015 Fiscal First Quarter GAAP Profitability

Made me jump out of bed!!!

[Bilaal]

10% green on nasdaq.

[bungaboy]

Q1 Highlights:

-- Cash and investments balance of $3.1 billion at the end of the fiscal
first quarter, up from $2.7 billion in the prior quarter
-- Adjusted Q1 gross margin of 48%, up from 43% in the prior quarter
-- Reduced adjusted operating expenses by 57% year over year and 13%
quarter over quarter
-- Successfully launched the new Z3 device in Indonesia; 8 additional
countries to follow
-- EZ Pass Program resulted in a total of 1.2 million licenses issued for
BES10, including more than 10% of total licenses traded in from
competitors' Mobile Device Management platforms
-- Launched Project Ion focused on the "Internet of Things" market

[dusdal]

Wonderful start to fiscal.

Still cash burn excluding one-time items, but quite a bit smaller.



Dominate the MCAT C0012A8A6

[Superfly_FR]

[dusdal]

That'll do

Dominate the MCAT C0012A8A6

[bungaboy]

Conference Call and Webcast

A conference call and live webcast will be held beginning at 8 am ET, which can be accessed by dialing 1-877-974-0445 or through your BlackBerry� 10 smartphone, personal computer or BlackBerry� PlayBook" tablet at Investor Events - Canada. A replay of the conference call will also be available at approximately 10 am by dialing (+1)416-640-1917 and entering pass code 4680440# or by clicking the link above on your BlackBerry� 10 smartphone, personal computer or BlackBerry� PlayBook" tablet. This replay will be available until midnight ET July 4, 2014.

[slipstream89]

Looking at the highlight the thing that i'm really liking is that they have a statistics of how many license came in from rival MDM 10% is a decent start

[jake simmons3]

Just wait till Chen talks i think we can see a 15-20 percent jump

Posted via CB10

[BlackistheBerry]

All I can say is, I'm impressed !!!

Beat my expectations too!

[3_M4N]

Please make sure that your trays are stowed and your seat back is in the full upright position. We're cleared for takeoff! And here we go!!!

Posted while peeking and flowing on my incredible BBQ10! ?

[Superfly_FR]

Our performance in fiscal Q1 demonstrates that we are firmly on track to achieve important milestones, including our financial objectives and delivering a strong product portfolio

This is what all is about.
Convince (with FACTS) the enterprises that BlackBerry isn't anything near bankruptcy.
Hats on, bravo and well done, J.C !

[bungaboy]

Press Release.

http://press.blackberry.com/content/...ss_Release.pdf

[Bilaal]

[rim4ever]

Is there a chance we may hit $10 TODAY?