View Poll Results: Did you buy shares ?

Voters
1110. You may not vote on this poll
  • Yes, I'm acting now !

    694 62.52%
  • No

    416 37.48%
  1. BlackistheBerry's Avatar
    BGC Partners Analyst Colin Gillis says he believes the company has “turned a corner.” Yesterday, BCG upgraded its rating on BlackBerry shares to “buy” from “sell”.
    bungaboy and sidhuk like this.
    06-19-14 06:34 AM
  2. rampagingpanda's Avatar
    Holy $... what a quarter. First time attending any AGM. Looking forward to it at 10AM!

    Will attempt to shake JC's hand..
    06-19-14 06:34 AM
  3. Saberhagen's Avatar
    I want this to go 20-25% up today, minimum!! Come on Chen!! We believe in you!
    06-19-14 06:34 AM
  4. bungaboy's Avatar
    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.”

    Outlook

    The Company anticipates maintaining its strong cash position, while increasingly looking for opportunities to prudently
    invest in growth. The Company is targeting break-even cash flow results by the end of fiscal 2015.
    06-19-14 06:36 AM
  5. ibpluto's Avatar
    PM gave me whiplash ...... and I like it
    06-19-14 06:36 AM
  6. Bilaal's Avatar
    Longs of BBRY and avid supporters, today, we celebrate, we celebrate like men.
    06-19-14 06:40 AM
  7. dusdal's Avatar
    Bbm group is still alive and well for those interested


    The BBRY Café.  [Formerly: I support BBRY and I buy shares]-img_20140619_043848.png

    Dominate the MCAT C0012A8A6
    06-19-14 06:40 AM
  8. bungaboy's Avatar
    06-19-14 06:43 AM
  9. Corbu's Avatar
    Don't you love it when a company beats analysts' estimates?
    06-19-14 06:44 AM
  10. BlackistheBerry's Avatar
    You beat me by 6 seconds

    Nice headline....

    BlackBerry proves analysts wrong; reports profit
    Corbu, bungaboy, sidhuk and 2 others like this.
    06-19-14 06:44 AM
  11. Superfly_FR's Avatar
    Longs of BBRY and avid supporters, today, we celebrate, we celebrate like men.
    Let's enjoy in a reasonable, contained and non-exuberant way ...
    The BBRY Café.  [Formerly: I support BBRY and I buy shares]-2002478661_small_1.jpg

    or ... not !
    The BBRY Café.  [Formerly: I support BBRY and I buy shares]-austin-powers1.gif
    06-19-14 06:44 AM
  12. bungaboy's Avatar
    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.

    BlackBerry Reports 2015 Fiscal First Quarter GAAP Profitability - MarketWatch
    Shanerredflag, sidhuk and zyben like this.
    06-19-14 06:46 AM
  13. Shanerredflag's Avatar
    The BBRY Café.  [Formerly: I support BBRY and I buy shares]-img_20140619_055036.png

    Eazzy Peazzy
    bungaboy, Corbu, Mr BBRY and 2 others like this.
    06-19-14 06:50 AM
  14. BlackistheBerry's Avatar
    So does today's report signal the end of "BlackBerry is dead" ???
    06-19-14 06:51 AM
  15. bungaboy's Avatar
    BlackBerry soars after FQ1 results; expects break-even cash flow this year - BlackBerry Ltd. (NASDAQ:BBRY) | Seeking Alpha


    BlackBerry soars after FQ1 results; expects break-even cash flow this year

    Jun 19 2014, 07:30 ET | About: BlackBerry Ltd. (BBRY)

    FQ1 revenue of $966M slipped 1% from the previous quarter. Breakdown: 39% hardware, 54% services, 7% software and other. Hardware revenue recognized on about 1.6M smartphones, up from 1.3M the previous quarter.

    About 2.6M phones sold to end customers during Q.

    Adjusted gross margin of 48% gains 500 basis points from FQ4.

    Cash on hand rises to $3.1B from $2.7B, boosted by a tax refund and sale of real estate. Excluding those, company burned through $255M in FQ1, down from $784M previously. Management expects break-even cash flow by the end of fiscal 2015.

    Previously: BlackBerry beats by $0.15, beats on revenue

    BBRY +9.8% premarket

    CC begins at 8 ET.
    06-19-14 06:51 AM
  16. Shanerredflag's Avatar
    So does today's report signal the end of "BlackBerry is dead" ???
    Not likely, there will be dead innuendo indefinitely

    Bhahhahaa

    Eazzy Peazzy
    Corbu, bungaboy, Mr BBRY and 3 others like this.
    06-19-14 06:53 AM
  17. Corbu's Avatar
    Watching this thread prior to the CC, with the good news coming down, I must say this: You guys are the best! It's good to be a long BBRY supporter!

    What an outstanding group we have here.
    06-19-14 06:57 AM
  18. bungaboy's Avatar
    06-19-14 06:59 AM
  19. plasmid_boy's Avatar
    Perhaps this is an appropriate time to bring out the dancing banana?!
    06-19-14 07:02 AM
  20. JonCBK's Avatar
    Wow, what a beat. Yes, I think a 10% share rise is in order. Yes, I think this will convince enterprise looking at BES12 that an upgrade will be fully supported by a Blackberry that isn't going anywhere. Getting the margin growth on top of modest handset growth is very impressive. As long as the handset division can not hold back the rest of the company, the profit will come.
    06-19-14 07:03 AM
  21. Shanerredflag's Avatar
    Perhaps this is an appropriate time to bring out the dancing banana?!
    AGREE...Can someone else do it please, I'm just leaving on a road trip.

    Some 70's Bow chicky wow wow too.

    Congrats to all supporters...first proof positive in a very long time!

    Eazzy Peazzy
    bungaboy, Mr BBRY, sidhuk and 1 others like this.
    06-19-14 07:05 AM
  22. morganplus8's Avatar
    As Ari Wald, the technical analyst on CNBC last week said, " everything points to BBRY going to $ 6.00/shr again". Thanks for that gem!!

    Cash on hand is out of this world, you can do a lot with that kind of cash. You just knew Chen was being coy and pleased with BBRY these past few weeks. A close above $ 9.00/shr moves us into that upper channel in my chart of $ 9.00/shr to $ 10.72/shr now. What will the trolls have to say for themselves now, oh yeah "BBM sucks"?
    06-19-14 07:05 AM
  23. BBUK14's Avatar
    Very big news. The shorts may very well be in trouble this time around - woohoo!

    Posted via CB10
    06-19-14 07:08 AM
  24. jake simmons3's Avatar
    Very big news. The shorts may very well be in trouble this time around - woohoo!

    Posted via CB10
    didnt i tell you
    morganplus8 and rarsen like this.
    06-19-14 07:09 AM
  25. slipstream89's Avatar
    did JC just say a leaked phone? before the classic :/

    loving his outbeat tone, he sounds very excited to report all this
    06-19-14 07:11 AM
107,066 ... 26662667266826692670 ...

Similar Threads

  1. Does the Motion have the paratek antenna?
    By Steve Pogue in forum BlackBerry Motion
    Replies: 15
    Last Post: 01-13-18, 12:33 AM
  2. Replies: 11
    Last Post: 11-23-17, 11:06 PM
  3. Will Hub+ work on the new Google Pixelbook?
    By danosman in forum BlackBerry HUB+ Suite
    Replies: 3
    Last Post: 11-02-17, 07:42 AM
  4. BlackBerry highlights the impact of KRACK vulnerability on BlackBerry products
    By CrackBerry News in forum CrackBerry.com News Discussion
    Replies: 0
    Last Post: 10-30-17, 03:10 PM
  5. Hub and Viber notifications broken
    By LyoobaBerry in forum BlackBerry HUB+ Suite
    Replies: 0
    Last Post: 10-30-17, 02:54 PM

Tags for this Thread

LINK TO POST COPIED TO CLIPBOARD