H L Data Storage Store Banner 970x90
Breaking News

MSI and Asus announces X670E motherborads AMD introduces Ryzen 7000 series, new chipsets and technologies CORSAIR introduce VOYAGER a1600 Gaming & Streaming Laptop AMD Advantage Edition Phison Announces Strategic PCIe Gen5 Relationship with AMD and Micron at Computex 2022 Apacer Unveils COMPUTEX 2022 Event Series

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Software Push Pays Off For BlackBerry

Software Push Pays Off For BlackBerry

Enterprise & IT Dec 20,2018 0

BlackBerry Ltd. reported better than expected quarterly sales, signaling its reinvention as a software company is taking hold.

The company reported a profit of $59 million in the quarter ended Nov. 30 from a loss of $275 million a year earlier. On an adjusted basis, the company said it earned 5 cents a share. Adjusted revenue in the third quarter was $228 million.

BlackBerry's enterprise software and services revenue was $98 million in the third quarter on an adjusted basis, down 7.5 percent from a year earlier. The company previously said it expects software revenue to underperform through fiscal 2019 due to a change in accounting standards.

In recent years, BlackBerry has been reinventing itself as a security software provider under Chief Executive Officer John Chen. The company offers a range of different product lines, such as systems to manage an entire stable of mobile phones, or to let cars securely update their entertainment systems.

For 2019, the company expects total software and services revenue growth of between 8 percent and 10 percent and positive adjusted earnings per share.

The company is also looking to push into health care, Chen said earlier this year.

Tags: BlackBerryfinance
Previous Post
Apple Patent Desribes How AR Maps Can be Projected From an iPhone
Next Post
UWB Alliance to Promote Ultra Wideband Technology

Related Posts

  • SoftBank Reports $18 Billion Loss from Vision Fund

  • Panasonic Annual Profit Decreased, Tesla Battery Venture Brings Gains

  • Sony's Q4 Profit Dropped 57% on Low Image Sensor Sales

  • Sharp Cuts Full-year Profit Forecast as Virus Impacts Demand

  • Roku Says Ad Sales Growth is Slowing, Platform Sees Growth

  • Amazon Could Report Loss in Q2 As a Result of COVID-19-related Costs

  • Apple Reports High Sales Despite Coronavirus, Future Uncertainties Remain

  • Twitter Reports Small Revenue As Advertising Business Hit By Covid-19

H L Data Storage Store Banner 300x600

 

Latest News

MSI and Asus announces X670E motherborads
PC components

MSI and Asus announces X670E motherborads

AMD introduces Ryzen 7000 series, new chipsets and technologies
Enterprise & IT

AMD introduces Ryzen 7000 series, new chipsets and technologies

CORSAIR introduce VOYAGER a1600 Gaming & Streaming Laptop AMD Advantage Edition
Gaming

CORSAIR introduce VOYAGER a1600 Gaming & Streaming Laptop AMD Advantage Edition

Phison Announces Strategic PCIe Gen5 Relationship with AMD and Micron at Computex 2022
Enterprise & IT

Phison Announces Strategic PCIe Gen5 Relationship with AMD and Micron at Computex 2022

Apacer Unveils COMPUTEX 2022 Event Series
Enterprise & IT

Apacer Unveils COMPUTEX 2022 Event Series

Popular Reviews

CeBIT 2005

CeBIT 2005

CeBIT 2006

CeBIT 2006

Zidoo Z9S 4K Media Player review

Zidoo Z9S 4K Media Player review

LiteOn iHBS112 review

LiteOn iHBS112 review

Club3D HD3850

Club3D HD3850

Pioneer BDR-2207 (BDR-207M) BDXL burner review

Pioneer BDR-2207 (BDR-207M) BDXL burner review

External USB Slim Recorders Comparison

External USB Slim Recorders Comparison

Crucial P1 NVMe 1TB SSD review

Crucial P1 NVMe 1TB SSD review

  • Home
  • News
  • Reviews
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed