BlackBerry reports Q2 adjusted EPS 4c, consensus 1c

Reports Q2 revenue $129.6M, consensus $122.03M. “BlackBerry (BB) delivered year-over-year revenue growth and expanded gross margins while reducing operating expenses. This combination ensured strong profitability in the second quarter, beating expectations and achieving a second consecutive quarter of GAAP profitability,” said John J. Giamatteo, CEO, BlackBerry. “Our QNX division recorded a “rule of 40″ quarter and progress across all our key growth initiatives. Our Secure Communications division exceeded expectations at both the top and bottom line, and delivered improvements in its key metrics.”