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BlackBerry Announces First Major Device Software Licensing Agreement With Joint Venture PT BB Merah Putih
September 28, 2016 7:04 AM EDTWATERLOO, ON and JAKARTA, INDONESIA -- (Marketwired) -- 09/28/16 -- BlackBerry Limited (NASDAQ: BBRY)(TSX: BB), a global software leader in securing, connecting and mobilizing enterprises, announced an agreement with newly formed joint venture PT BB Merah Putih to license BlackBerry software and services for the production of handsets for the Indonesian market. This partnership accelerates BlackBerry's overall focus on driving software growth, specifically developing and licensing device software offerings, including security solutions and applications, through its Mobility Solutions business unit.
BB Merah Putih will source, distribute and promote... More
BlackBerry Announces Appointment of Steven Capelli as Chief Financial Officer
September 28, 2016 7:02 AM EDTWATERLOO, ONTARIO -- (Marketwired) -- 09/28/16 -- BlackBerry Limited (NASDAQ: BBRY)(TSX: BB) today announced the appointment of Steven Capelli as Chief Financial Officer. Capelli brings 25 years of executive experience in the software and technology industry with a strong track record for driving profitable growth and increased operational efficiencies across business and corporate functions.
"I am pleased to welcome Steve Capelli as our new Chief Financial Officer," said John Chen, Executive Chairman and CEO of BlackBerry. "Steve is a highly experienced and respected financial expert and... More
BlackBerry Reports 89% Year Over Year Growth in GAAP Software and Services Revenue for Q2 Fiscal 2017; Company Announces New Strategic Direction for Mobility Solutions
September 28, 2016 7:01 AM EDTWATERLOO, ONTARIO -- (Marketwired) -- 09/28/16 -- BlackBerry Limited (NASDAQ: BBRY)(TSX: BB), a global software leader in securing, connecting and mobilizing enterprises, today reported financial results for the three months ended August 31, 2016 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).
Q2 Highlights
-- Non-GAAP total revenue of $352 million; GAAP revenue of $334 million -- Non-GAAP software and services revenue of $156 million; GAAP software and services revenue of $138 million -- Eleventh consecutive quarter of positive adjusted EBITDA -- Breakeven non-GAAP earnings... More