BRIEF-Blackberry says Q1 non-GAAP net income $0.00 per share

Thu Jun 23, 2016 7:20am EDT
 
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June 23 (Reuters) - Blackberry Ltd

* Blackberry reports record software and services revenue for Q1 fiscal 2017

* Qtrly non-gaap total revenue of $424 million

* Q1 non gaap gross margin 53% versus 50.3 percent last year

* Total cash, cash equivalents, short-term and long-term investments was $2.5 billion as of May 31, 2016

* Cash and investments balance of $2.5 billion at end of first fiscal quarter

* Non-GAAP revenue breakdown for Q1 was about 39% for software and services, 25% for service access fees , 36% for mobility solutions

* Blackberry had approximately 3,300 enterprise customer wins in quarter

* Expect to generate positive free cash flow for full year   Continued...