BlackBerry reports Q3 non-GAAP EPS 5c, consensus 4c

Reports Q3 revenue $141.8M, consensus $137.54M. “BlackBerry (BB) delivered revenue above the top end of the previously-provided guidance range, which, coupled with ongoing cost discipline, helped the company achieve its strongest quarter of GAAP profitability in almost 4 years, along with increased operating cash flow,” said John J. Giamatteo, CEO. “Our QNX division recorded an all-time record quarter for revenue as the division continues to extend deeper into automotive and wider into adjacent verticals. Our Secure Communications division performed strongly, delivering higher-than-expected revenue and adjusted EBITDA.”