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BlackBerry looks for investments as Q2 losses narrow
2014-09-26 16:48:00| Telecompaper Headlines
(Telecompaper) BlackBerry has finished its workforce restructuring and will now focus on revenue growth, boosted by prudent investments, to further its leadership position in enterprise mobility and security. CEO John Chen expects the company will achieve breakeven cash flow by the end of its fiscal full year and non-GAAP profitability during fiscal full year 2016. The company said revenues for its fiscal second quarter to end August fell to USD 916 million from 1.57 billion the year before. Hardware contributed 46 percent to revenues, services accounted for another 46 percent and software for 8 percent. Hardware revenue was recognised on 2.1 million BlackBerry smartphones. The company sold a total of 2.4 million smartphones to end customers. The net loss narrowed to USD 207 million or USD 0.39 per share, from a loss the year before of 965 million or 1.84 per share. The non-GAAP net loss amounted to USD 11 million or a loss of USD 0.02 per share. At the end of its fiscal Q2 2015, the company had total cash, cash equivalents, short-term and long-term investments of USD 3.1 billion, up by USD 11 million from the previous quarter. The EZ Pass Program resulted in a total of 3.4 million licenses issued for BES10, a nearly three-fold increase from fiscal Q1, with 25 percent of total licenses traded in from competitor Mobile Device Management platforms. The number of active BBM users went to 91 million per month, from 85 million in Q1. Looking forward, BlackBerry said it wants to maintain its strong cash position, while increasingly looking for opportunities to invest in growth.
Tags: narrow
investments
losses
blackberry
MOSFETs (500 V) offer low conduction and switching losses.
2014-09-26 14:31:06| Industrial Newsroom - All News for Today
Built on second-generation Super Junction Technology, Vishay Siliconix SiHx25N50E MOSFETs comprise 25 A, RoHS-compliant devices that offer gate charge of 57 nC and 145 mΩ on-resistance. These values promote energy conservation in high-power, high-performance consumer products, lighting applications, and ATX/silver box PC SMPSs. Package options include TO-220, TO-247AC, and thin leaded TO-220 FULLPAK. Products withstand high energy pulses in avalanche and commutation modes.<br /> This story is related to the following:Green & CleanMOSFETs |
Tags: low
offer
losses
switching
Sugar turns bitter for mills as losses increase
2014-09-25 12:12:45| Sugar Industry News
New Delhi: Refinery manager Karan Singh has a stark outlook for the sugar industry in Uttar Pradesh state, the epicentre of cane farming in India: collapse.
Tags: increase
turns
sugar
losses
Tech Stocks: Adobe, Rackspace losses take tech spotlight
2014-09-18 12:50:39| IT Services - Topix.net
Losses from Adobe Systems Inc. and Rackspace Hosting Inc. stood out among tech stocks Wednesday, running counter to what was an otherwise broad slate of gains for the sector. shares fell almost 5% to close at $67.30 on reaction to the software company's latest quarterly results and forecast.
Tags: tech
adobe
losses
stocks
Sony predicts increased losses
2014-09-17 09:25:26| BBC News | Business | UK Edition
Japanese consumer electronics giant Sony increases its forecast for a full year loss by $1.7bn due to weakness in its mobile business.
Tags: increased
sony
losses
predicts
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