Loading...
•
Aug 31, 2020
BlackBerry Q2 2021 Earnings Report
Reported strong second quarter results, beating both revenue and EPS expectations.
Key Takeaways
BlackBerry reported total company non-GAAP revenue of $266 million and GAAP revenue of $259 million, demonstrating sequential and year-on-year growth. Non-GAAP earnings per share was $0.11, while GAAP loss per share was $0.04. Net cash generated from operating activities was $31 million.
Total company non-GAAP revenue of $266 million; total company GAAP revenue of $259 million, both reporting sequential and year-on-year growth.
Non-GAAP earnings per basic and diluted share of $0.11; GAAP loss per basic and diluted share of $0.04.
Net cash generated from operating activities of $31 million.
Successfully redeemed existing $605 million of convertible debentures and issued $365 million of new convertible debentures – reducing level of debt by $240 million and saving $16 million of interest expense on an annualized basis.
Forward Guidance
BlackBerry will provide fiscal year 2021 outlook in connection with the quarterly earnings announcement on its earnings conference call. The earnings call transcript will be made available on our website and on SEDAR.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...