BLACKBERRY Ltd: Quarterly report
BlackBerry reported higher revenue and net income for the second quarter and raised its full year revenue outlook.
Positive for the companyWhat the numbers say
Revenue rose 26% to $163.3M versus the same quarter last year (6.8% up on the previous quarter); operating margin widened from 8.9% to 20.6%; net income rose 155% to $33.9M; cash rose by $9.4M to $266.2M while debt was flat; diluted share count up 8.8% (dilution).
What happened
- Second quarter revenue increased by $33.7 million to $163.3 million, driven by growth in QNX and Licensing.
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