Sunday, May 27, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Takes The Lead Over Amazon in Smart Speaker Market
FBI Says Reboot Your Router to Stop Malware Infecting 500k Devices
ASUS Chromebox 3 Series Coming in July
U.S. to Impose Fine, New Management to ZTE to Keep it in Business
Facebook Keeps Working on In-house Chip Designs
AMD Increased GPU Market Share in Q1
Seagate's New VR Power Drive Adds Capacity and Extends Battery Life of the HTC VIVE Focus VR Headset
Samsung Should Pay Apple $539 million in Patent Retrial
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > BlackBe...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, March 28, 2018
BlackBerry Reports Strong Profit


BlackBerry on Wednesday reported a strong fourth-quarter profit as a result of the company's high-margin software and services business.

The company said revenue from its enterprise software and services business rose about 19 percent to $108 million.

"Our strategy is working," Chief Executive Officer John Chen said on a morning conference call.

BlackBerry expects total company software and services billings to grow by double digits in 2019.

Earlier this month, the company striked two big deals in software security - one with Jaguar Land Rover and the other with Microsoft.

The company's quarterly profit was helped by higher margins on software and services sales. BlackBerry's gross margins rose to 76 percent of the revenue, from 60.1 percent a year earlier.

Excluding items, the Waterloo, Ontario-based company earned 5 cents per share.

Net loss narrowed to $10 million, or 6 cents per share, in the fourth quarter, from $47 million, or 10 cents per share, a year earlier.

The company's revenue fell 18.5 percent to $233 million.



Previous
Next
G.SKILL Achieves Dual-Channel DDR4-5000MHz Memory Speed on Air-Cooling        All News        Samsung and Fujitsu to Establish AI R&D Hubs in France
Apple iOS 11.3 Update Brings Privacy Tools Ahead of GDPR     Mobiles News      Huawei P20 and P20 Pro Debut With New 40 MP Leica Dual Camera, AI

Get RSS feed Easy Print E-Mail this Message

Related News
BlackBerry and Microsoft Partner to Secure Mobile Workforce
BlackBerry Sues Facebook, WhatsApp, Instagram Over Patent Infringement
BlackBerry Jarvis Will Protect Your Connected Car
CES: TCL Promises to Launch More BlackBerry Phones This Year
BlackBerry, Baidu Partner on Driverless Car Software
BlackBerry Ends Support for Priv, Talks About the Future of BB10
BlackBerry and Qualcomm Extend Relationship to Deliver Automotive Platforms for Vehicles
BlackBerry to Pay Nokia $137 Million in Contract Dispute
BlackBerry Signs License Deal with BLU
All-touchscreen BlackBerry Motion is Official
Software Sales Fuel BlackBerry's Profit
BlackBerry Enters Self-Driving Car Partnership With Delphi

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .