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BlackBerry Ltd (BB.TO)

BB.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Blackberry expands cybersecurity offerings for public sector
Thursday, 20 Jul 2017 06:00am EDT 

July 20 (Reuters) - Blackberry Ltd ::Blackberry strengthens cybersecurity offering for the Canadian and U.S. government; brings niap-certified secusuite stateside.Says ‍expanded its cybersecurity offerings for public sector to now include secusuite for government​.  Full Article

Qualcomm reports quarterly GAAP EPS of $0.58
Wednesday, 19 Jul 2017 04:22pm EDT 

July 19 (Reuters) - Qualcomm Inc ::Quarterly GAAP EPS $0.58.Quarterly non-GAAP EPS $0.83‍​.Quarterly GAAP revenues $5.4 billion.Q3 earnings per share view $0.81, revenue view $5.26 billion -- Thomson Reuters I/B/E/S.Q3 non-GAAP revenues $5.3​ billion versus $6 billion.Sees Q4 earnings per share $0.55 - $0.65‍​.Sees Q4 adjusted earnings per share $0.75 - $0.85.Sees Q4 revenue‍​ $5.4 billion - $6.2 billion.Sees Q4 MSM chip shipments 205 million - 225 million‍​.Says financial guidance for Q4 excludes QTL revenues related to the sale of Apple products by Apple's contract manufacturers ‍​.Q3 2017 GAAP and non-GAAP results were negatively impacted as a result of actions taken by Apple's contract manufacturers.Says due to actions by Apple's contract manufacturers, do not believe reported device sales, estimated ranges of device shipment, meaningful in measuring QTL business‍​.Says Q3 GAAP results included reduction in operating cash flow due to $940 million payment to Blackberry.Says Q3 GAAP results included reduction in operating cash flow also due to $927 million payment related to Korea Free Trade Commission (KFTC) fine.Q4 earnings per share view $0.90, revenue view $5.48 billion -- Thomson Reuters I/B/E/S.  Full Article

BlackBerry CEO says needs to "catch up" to make software sales target
Friday, 23 Jun 2017 12:30pm EDT 

June 23 (Reuters) - BlackBerry Ltd :BlackBerry CEO John Chen says expects software sales to rise 10-15 percent this year from $687 million in prior year.BlackBerry CEO John Chen says needs to "catch up" to make software sales target, adds "I intend to do that".BlackBerry CEO John Chen says he has no plan to sell company in short term.  Full Article

BlackBerry CEO says "going to be more of second half growth" for software and services business
Friday, 23 Jun 2017 09:25am EDT 

June 23 (Reuters) - BlackBerry Ltd :BlackBerry CEO says Q1 sales drop due to decline professional services revenue, "we feel comfortable" on software license sales - conference call.BlackBerry CEO says "going to be more of second half growth" for software and services business - conference call.  Full Article

Blackberry Q1 non-GAAP EPS of $0.02
Friday, 23 Jun 2017 07:04am EDT 

June 23 (Reuters) - Blackberry Ltd ::Blackberry Ltd Q1 non-GAAP EPS of $0.02; qtrly GAAP EPS of $1.23.Blackberry Ltd - Q1 non-GAAP total software and services revenues of $169 million; GAAP company total software and services revenues of $160 million.Reports Q1 non-GAAP total revenue of $244 million; Q1 GAAP total revenue of $235 million‍​‍​.Blackberry Ltd - outlook for fiscal 2018 is unchanged.Q1 earnings per share view $0.00, revenue view $264.4 million -- Thomson Reuters I/B/E/S.Reports Q1 non-GAAP gross margin of 67%; Q1 gaap gross margin of 64%.Blackberry Ltd - total cash balance increased to $2.6 billion at the end of the fiscal first quarter.Blackberry Ltd - expect to be profitable on a non-GAAP basis and to generate positive free cash flow for the full year.Blackberry Ltd - "we expect growth at or above the overall market in software and services" in 2018.FY 2018 earnings per share view $0.03, revenue view $987.2 million -- Thomson Reuters I/B/E/S.  Full Article

Blackberry reports Q1 GAAP earnings of $1.23 per share
Friday, 23 Jun 2017 07:00am EDT 

June 23 (Reuters) - Blackberry ::Blackberry reports profitability in fiscal 2018 first quarter .Q1 non-GAAP earnings per share $0.02.Q1 revenue $244 million versus I/B/E/S view $264.4 million.Q1 earnings per share view $0.00 -- Thomson Reuters I/B/E/S.Q1 GAAP earnings per share $1.23.  Full Article

Blackberry announces common share purchase program
Friday, 23 Jun 2017 07:00am EDT 

June 23 (Reuters) - Blackberry Ltd ::Blackberry announces common share purchase program.Blackberry Ltd - with respect to a normal course issuer bid ("NCIB") to purchase for cancellation up to 31 million blackberry common shares.Blackberry Ltd - purpose of repurchase program is to offset portion of expected dilution from our equity incentive plan, from conversion of our 3.75% debentures.  Full Article

Blackberry ltd announces final award in Qualcomm arbitration
Friday, 26 May 2017 08:00am EDT 

May 26 (Reuters) - Blackberry Ltd : :Blackberry Ltd - reached an agreement with qualcomm incorporated resolving all amounts payable in connection with interim arbitration decision announced on April 12, 2017​.Blackberry Ltd - ‍following a joint stipulation by parties, arbitration panel has issued a final award providing for payment by qualcomm to co of U.S.$940 million​.Says Qualcomm will pay full amount of final award on or before May 31, 2017.  Full Article

Blackberry expands cybersecurity services reach via Allied World
Wednesday, 19 Apr 2017 10:00am EDT 

April 19 (Reuters) - BlackBerry Ltd ::New initiative with Allied World assurance where Allied will provide its cyber policyholders with direct access to co's cybersecurity services.  Full Article

BlackBerry awarded $814.9 mln in Qualcomm arbitration
Wednesday, 12 Apr 2017 08:05am EDT 

Blackberry Ltd : Qualcomm - announced binding interim arbitration award requiring co to refund a sum of $814.9 million, plus interest and attorneys' fees, to BlackBerry .Qualcomm - arbitration limited to prepayment provisions unique to BlackBerry's agreement with co and has no impact on agreements with other licensee.  Full Article

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BlackBerry rally derailed as investors lose patience on turnaround

TORONTO BlackBerry Ltd shares have been plunging from their more than two-year high hit in June after lackluster earnings and competitive threats have raised doubts about prospects for a turnaround at the business software maker.