Friday, April 19, 2024

BlackBerry is cash flow positive and growing the software business

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Earlier this morning BlackBerry reported Q4 results for fiscal 2015. Revenue dropped from $793 million in Q3 to only $660 million in Q4, but that’s mostly hardware related. On most other metrics things are looking up for the company, which explains the stock market’s mildly positive reaction to the results. The stock is up about 20 cents as I write this, to US $9.52 per share.

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