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BlackBerry grows software sales, reduces losses
2015-06-23 14:39:00| Telecompaper Headlines
(Telecompaper) BlackBerry further narrowed its losses in its fiscal first quarter to May and reiterated its target to return to underlying profitability in the current fiscal year. The adjusted net loss shrunk to USD 28 million or 5 cents a share in the first quarter from a loss of 11 cents per share in the year-earlier period. On a reported basis, the company had a net profit of USD 68 million, thanks to a revaluation gain on debt and despite another USD 61 million in restructuring charges. Revenues were still down sharply to USD 658 million from USD 966 million a year ago. The share of revenues from handsets fell to 40 percent in Q1, while services took 38 percent and software and technology licensing accounted for 21 percent. Blackberry said software and technology licensing revenue was up 150 percent from a year earlier to USD 137 million. The company added 2,600 enterprise customers in the quarter, of which around 45 percent of the licences covered additional platforms to its own. It also shipped 1.1 million BlackBerry smartphones in the three months, with an average selling price of USD 240 each. Free cash flow was a positive USD 123 million in Q1, and adjusted EBITDA improved 5 percent year-on-year to USD 157 million. Total cash was up by USD 50 million in the three months to USD 3.32 billion at the end of May. BlackBerry said it intends to remain free-cash flow positive this fiscal year, as well as return to a "sustainable" adjusted profit before year-end. CEO John Chen said he was pleased with the growth in the software and technology business and the company was also making progress in turning the handset business profitable.
Tags: software
sales
losses
reduces
Jarden grows past $8 billion in net sales in Q4
2015-02-12 20:25:13| Appliances - Topix.net
Jarden Corp. The Boca Raton-based company reported a 12.7 percent increase in net sales in 2014, to $8.29 billion from $7.36 billion the year before.
Jarden grows past $8 billion in net sales in Q4
2015-02-12 20:12:42| Industrial Machines - Topix.net
Jarden Corp. has a portfolio of more than 120 brands, including Yankee Candle, Mr. Coffee and Crock-Pot. The firm has more than 30,000 employees worldwide.
SHOTOVER Grows Europe Business with Sales of Its Groundbreaking SHOTOVER F1 Aerial Camera System to Production Companies MovieBird, Red Rental, ACS France, Orange Aerial and Heli-One
2015-01-30 11:30:48| Industrial Newsroom - All News for Today
SHOTOVER Reseller Hildemann + Partners Leads Deals with the Five ProdCos LOS ANGELES, SHOTOVER, the maker of high performance stabilization platforms for the motion picture and broadcast industries, announced today the sales of its groundbreaking SHOTOVER F1 to European production companies MovieBird (Norway...
Tags: business
system
france
sales
PS4 outselling the Xbox One 3-to-1 as total sales gap grows to 9 million vs. 5 million
2014-08-01 15:06:43| Extremetech
According to its latest sales figures, Sony outsold Microsoft three-to-one in the quarter ending June 30. During its quarterly earnings call yesterday, Sony said that it had sold a combined total of 3.5 million units of the PS4 and PS3, compared to Microsoft's quarterly figure of just 1.1 million Xbox One and Xbox 360 consoles. Neither Sony or Microsoft opted to break down these numbers into per-console sales figures, but using previous announcements as a baseline it's probably around 70-30 in favor of the PS4 and Xbox One. In short, this means Sony sold around 2.5 million PS4s last quarter, compared to about 800,000 Xbox Ones.