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BlackBerry CEO says needs to "catch up" to make software sales target

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.

BlackBerry CEO says "going to be more of second half growth" for software and services business

9:25am 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.

Blackberry Q1 non-GAAP EPS of $0.02

7:04am 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.

Blackberry reports Q1 GAAP earnings of $1.23 per share

7:00am 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.

Synchronoss Technologies says previous 2017 annual guidance is withdrawn

Thursday, 22 Jun 2017 01:16pm EDT

June 22 (Reuters) - Synchronoss Technologies Inc ::Requesting amendment to credit agreement, for additional time to deliver its Q1 2017 financial statements - SEC filing.Discontinued Locker services are expected to have minimal revenue impact to Synchronoss' business with AT&T.Says on May 8, 2017, AT&T announced that it will be discontinuing its Locker services.Previous 2017 annual guidance is withdrawn; "new guidance cannot be provided until we have completed our accounting review".

Fine Point says New York County denied Hawaiian Telecommunications, motion to dismiss breach of contract claim filed by co

Thursday, 22 Jun 2017 09:00am EDT

June 22 (Reuters) - Hawaiian Telcom Holdco Inc ::Fine Point Technologies - judge on New York County Supreme Court denied Hawaiian Telecommunications, motion to dismiss breach of contract claim filed by co.Fine Point - Hawaiian Telcom terminated agreement for convenience.Fine Point Technologies- contract was for fine point to continue to provide device management software was installed, used at Hawaiian Telcom since 2010.Fine Point Technologies - is litigating with hawaiian telcom for an alleged breach of contract in Hawaiian Telcom's terminating a two- year agreement.

M1 Ltd announces entry into term loan facility agreements

Thursday, 22 Jun 2017 05:10am EDT

June 22 (Reuters) - M1 Limited ::Entry into term loan facility agreements.Loan facility amounting to a total of S$200 million​‍​.Entered into 3-year fixed rate term loan facility agreements with CIMB Bank (Singapore branch), DBS Bank and Sumitomo Mitsui Banking (Singapore branch).Transaction has no material impact on earnings per share or net tangible assets of co for current financial year.

Inmarsat says Avianca adopts GX Aviation for wifi services

Thursday, 22 Jun 2017 02:00am EDT

June 22 (Reuters) - Inmarsat Plc ::Avianca adopts GX Aviation for passenger wifi services.GX Aviation will initially be made available to passengers on approximately 125 Avianca Airbus a320, a330 and Boeing 787 aircraft.Contract is for a period of 10 years.Value of contract has not been disclosed.

Sprint expands in Southern California with 78 new retail stores

Tuesday, 20 Jun 2017 12:12pm EDT

June 20 (Reuters) - Sprint Corp ::Sprint expands in Southern California with 78 new retail stores creating more than 550 jobs.New jobs will include a combination of retail, operations and technical experts.Sprint corp says it significantly increases number of retail locations throughout los angeles, orange county, inland empire and san diego.Investment in Southern California with plans to add 78 new retail locations throughout southland by end of 2017.

Axiata Edotco pakistan to acquire Tower company in Pakistan

Tuesday, 20 Jun 2017 07:00am EDT

June 20 (Reuters) - Axiata Group Bhd :Edotco pakistan (private) enters agreement for subscription, sale and purchase of shares with Tower Share (Private) And Tanzanite Tower Private.Deal for a total cash consideration of usd90.0 million.Agreement for subscription of 899,900 ordinary shares of Rs.10 each in TTPL and acquisition from TS PK of entire issued share capital of TTPL.Proposed acquisition of ttpl is not expected to have a material impact to the eps of axiata for financial year ending 31 December 2017.

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