Breaking News

Geometric Future Unveils 2026/2027 Lineup at Computex: MODEL 9 Flagship, MODEL 7 Prototypes, New PSUs and AIO​ Amiiba Launches at COMPUTEX 2026 with Ferrofluid-Inspired Hardware LIAN LI Reveals Expansive 2026 Portfolio Focused on Airflow, Modularity, and Showcase Design ASUS Now Bundles ROG Equalizer Cable with Thor III, Strix Platinum PSUs GIGABYTE Introduces D5 Single Boost Technology, Redefining What One DIMM Can Do

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

BlackBerry Report Quarterly Loss, Focuses To Growth

BlackBerry Report Quarterly Loss, Focuses To Growth

Smartphones Sep 26,2014 0

BlackBerry on Friday reported loss for the three months ended August 30, 2014, but said it was turning its focus to growth and investments. The company reported a net loss of $207 million, or 39 cents per share, for the second quarter ended Aug. 30. Excluding one-time items such as charges for restructuring and a change in the fair value of debentures, the company said the loss was 2 cents a share.

Revenue for the second quarter of fiscal 2015 was $916 million. The revenue breakdown for the quarter was approximately 46% for hardware, 46% for services and 8% for software and other revenue.

During the second quarter, the company recognized hardware revenue on approximately 2.1 million BlackBerry smartphones. During the second quarter, approximately 2.4 million BlackBerry smartphones were sold through to end customers, which included shipments made and recognized prior to the second quarter and which reduced the company's inventory in channel.

"We delivered a solid quarter aagainst our key operational metrics, and we are confident that we will achieve breakeven cash flow by the end of FY15," said John Chen, Executive Chairman and CEO, BlackBerry.

"Our workforce restructuring is now complete, and we are focusing on revenue growth with judicious investments to further our leadership position in enterprise mobility and security, driving us towards non-GAAP profitability during FY16," Chen added.

In other BlackBerry news, Chen announced that 200,000 Passports were sold via Amazon and Shop BlackBerry since Wednesday's announcement.

Tags: BlackBerry
Previous Post
EC Gives Google Privacy Guidelines
Next Post
Hackers Exploit 'Shellshock' Cyber Thread

Related Posts

  • TCL to Stop Selling Blackberry Phones

  • BlackBerry's Revenue Keeps Increasing

  • BlackBerry KEY2 Red Edition Available In The United States

  • BlackBerry Messenger is Shutting Down

  • Licensing Fuels BlackBerry's Quarterly Revenue

  • BlackBerry Takes Twitter in Court Over Patent Infringement

  • Software Push Pays Off For BlackBerry

  • BlackBerry to Buy Cylance for $1.4 Billion to Add AI and Cybersecurity Capabilities

Latest News

Geometric Future Unveils 2026/2027 Lineup at Computex: MODEL 9 Flagship, MODEL 7 Prototypes, New PSUs and AIO​
Cooling Systems

Geometric Future Unveils 2026/2027 Lineup at Computex: MODEL 9 Flagship, MODEL 7 Prototypes, New PSUs and AIO​

Amiiba Launches at COMPUTEX 2026 with Ferrofluid-Inspired Hardware
Cooling Systems

Amiiba Launches at COMPUTEX 2026 with Ferrofluid-Inspired Hardware

LIAN LI Reveals Expansive 2026 Portfolio Focused on Airflow, Modularity, and Showcase Design
Cooling Systems

LIAN LI Reveals Expansive 2026 Portfolio Focused on Airflow, Modularity, and Showcase Design

ASUS Now Bundles ROG Equalizer Cable with Thor III, Strix Platinum PSUs
Enterprise & IT

ASUS Now Bundles ROG Equalizer Cable with Thor III, Strix Platinum PSUs

GIGABYTE Introduces D5 Single Boost Technology, Redefining What One DIMM Can Do
PC components

GIGABYTE Introduces D5 Single Boost Technology, Redefining What One DIMM Can Do

Popular Reviews

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

Crucial T710 2TB NVME SSD

Crucial T710 2TB NVME SSD

JSAUX 65Wh Rog Ally Battery

JSAUX 65Wh Rog Ally Battery

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed