BlackBerry Reports Wider 1Q Loss, Revenue Misses Wall Street Targets Amid Pandemic -- Earnings Review
BlackBerry Reports Wider 1Q Loss, Revenue Misses Wall Street Targets Amid Pandemic -- Earnings Review
DJ BlackBerry Reports Wider 1Q Loss, Revenue Misses Wall Street Targets Amid Pandemic -- Earnings Review
By Maria Armental
BlackBerry Ltd. reported a wider first-quarter loss, driven by a roughly $594 million goodwill impairment charge, and said it wouldn't give financial projections, citing the coronavirus pandemic. Here's what you need to know:
LOSS: Net loss widened to $636 million, or $1.14 a share, from $35 million, or 9 cents a share, a year earlier. The quarter included a roughly $594 million non-cash, one-time goodwill impairment charge primarily related to the BlackBerry Spark reporting unit. On an adjusted basis, the company reported a profit of 2 cents a share, up from a penny a share a year earlier. Analysts surveyed by FactSet had expected an adjusted loss of 2 cents a share.
REVENUE: Revenue fell to $206 million from $247 million a year earlier. On an adjusted basis, revenue fell to $214 million from $267 million a year earlier, missing analysts' projected $215.8 million.
OUTLOOK: The company said it wouldn't give financial projections for the current year, citing uncertainty about the business impact of the coronavirus pandemic.
PANDEMIC: "BlackBerry QNX was impacted by macro headwinds in the auto and other embedded sectors but we are starting to see signs of a recovery," Chief Executive John Chen said in a statement. "On the enterprise front, we saw good demand from customers who recognized the necessity for BlackBerry's security, business continuity and productivity solutions in an increasingly remote working environment."
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
June 24, 2020 17:13 ET (21:13 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
DJ BlackBerry Reports Wider 1Q Loss, Revenue Misses Wall Street Targets Amid Pandemic -- Earnings Review
DJ 黑莓報告第一季度更廣泛的虧損,收入在大流行中錯過華爾街目標-盈利評論
By Maria Armental
瑪麗亞·阿門塔爾
BlackBerry Ltd. reported a wider first-quarter loss, driven by a roughly $594 million goodwill impairment charge, and said it wouldn't give financial projections, citing the coronavirus pandemic. Here's what you need to know:
BlackBerry Ltd. 報告了更廣泛的第一季度虧損,受到大約 5.94 億美元的商譽減值費用的驅動,並表示不會給出財務預測,援引冠狀病毒大流行。以下是您需要知道的內容:
LOSS: Net loss widened to $636 million, or $1.14 a share, from $35 million, or 9 cents a share, a year earlier. The quarter included a roughly $594 million non-cash, one-time goodwill impairment charge primarily related to the BlackBerry Spark reporting unit. On an adjusted basis, the company reported a profit of 2 cents a share, up from a penny a share a year earlier. Analysts surveyed by FactSet had expected an adjusted loss of 2 cents a share.
虧損:淨虧損從一年前的 3500 萬美元或每股 9 美分擴大至 6.36 億美元或每股 1.14 美分。該季度包括大約 5.94 億美元的非現金,一次性商譽減值費用主要與黑莓 Spark 報告單位有關。在經調整的基礎上,該公司報告的利潤為每股 2 美分,較一年前的每股一分錢上升。FactSet 調查的分析師預計經調整後的虧損為每股 2 美分。
REVENUE: Revenue fell to $206 million from $247 million a year earlier. On an adjusted basis, revenue fell to $214 million from $267 million a year earlier, missing analysts' projected $215.8 million.
收入:收入從一年前的 2.27 億美元降至 2.06 億美元。經調整後的基礎上,收入由去年的 2.67 億美元減少至 2.14 億美元,缺失分析師預計為 2.15.8 億美元。
OUTLOOK: The company said it wouldn't give financial projections for the current year, citing uncertainty about the business impact of the coronavirus pandemic.
展望:該公司表示,由於對冠狀病毒大流行的業務影響的不確定性,不會給出當年的財務預測。
PANDEMIC: "BlackBerry QNX was impacted by macro headwinds in the auto and other embedded sectors but we are starting to see signs of a recovery," Chief Executive John Chen said in a statement. "On the enterprise front, we saw good demand from customers who recognized the necessity for BlackBerry's security, business continuity and productivity solutions in an increasingly remote working environment."
流行病:「黑莓 QNX 受到汽車和其他嵌入式行業的宏觀不利影響,但我們開始看到復甦的跡象,」首席執行官陳約翰在一份聲明中說。「在企業方面,我們看到了客戶的良好需求,他們認識到 BlackBerry 的安全性、業務連續性和生產力解決方案在日益遙遠的工作環境中的必要性。」
Write to Maria Armental at maria.armental@wsj.com
寫信給瑪麗亞·阿倫塔爾在 maria.armental@wsj.com
(END) Dow Jones Newswires
(完) 道瓊斯通訊社
June 24, 2020 17:13 ET (21:13 GMT)
2020 年 6 月 24 日歐洲時間 17:13(格林威治標準時間 21:13)
Copyright (c) 2020 Dow Jones & Company, Inc.
版權所有 (c) 2020 道瓊斯公司
譯文內容由第三人軟體翻譯。
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