edit-task

Task Description: [FY2014-QTR-1] Blackberry(BBRY) reports earnings for this period

Start Date:

Start Time:

Duration:

Priority:

Status: To Do Completed In Process

Add Photo:

Owner ID:

Content: use HTML Edit Content <h1 style="text-align: center;">SUMMARY -&nbsp; EARNINGS REPORT - BBRY - FY: 2014 - QTR: 01</h1> <h2>[what]</h2> <ol> <li>] a brief summary of the latest financial results from this company.</li> </ol> <h2>[why]</h2> <ol> <li>] making sense of long, complicated and boring earnings report calls, financial statements and related mumbo jumbo</li> </ol> <h2>[where - $$$ and numbers]</h2> <ol> <li><strong>] REVENUE</strong></li> <ol> <li><strong>x] 3.1 B, </strong>UP $x.x Billion or 15% from approximately $2.7 billion in the previous quarter and UP 9% from $2.8 billion in the same quarter of fiscal 2013-QTR-1</li> <li>x] revenue breakdown for the quarter was approximately 71% for hardware, 26% for services and 3% for software and other revenue.</li> </ol> <li><strong>] $&nbsp;PROFIT/LOSS on operations</strong></li> <ol> <li>] $ 84M - GAAP LOSS ( revenue - expenses), $ 0.16 per share</li> <ol> <li><span style="text-decoration: line-through;">UP from $-84 M operating loss in previous qtr, and includes a $934 M non cash pre tax&nbsp;charge against inventory&nbsp;(z10 writedown) and 72M for its restructuring plan(CORE)</span></li> </ol> <li>] $ 67M - adjusted loss or 0.13 per share</li> <li><span style="text-decoration: line-through;">] gross margin of 36%</span></li> </ol> <li><strong>] CASH BALANCE</strong></li> <ol> <li>] $ 3.1 B cash &amp; investments&nbsp;on books, UP 200M from 2.9 B in the previous qtr</li> <li><span style="text-decoration: line-through;">] $ 136M cash flow used in operations (BURN)</span></li> </ol> <li><span style="text-decoration: line-through;"><strong>] DEVICES -&nbsp;SALES - units, by type</strong></span></li> <ol> <li><span style="text-decoration: line-through;">] bb 10 - x.x million devices "</span></li> <li><span style="text-decoration: line-through;">] bb 7&nbsp; -&nbsp;x.x million devices&nbsp;</span></li> <li>] total - 6.8 m smartphone devices were&nbsp;shipped(sold through) to customers, 100K playbook tablets</li> <li>*] "recognized revenue" on x.x m devices,&nbsp;down from x.xm devices previous qtr.</li> <li>] most devices that revenue was recognized on were bb 7</li> </ol></ol> <h2>[where - announcements and analysis]</h2> <ol> <li>]</li> <li>] Thorsten Heins, President and CEO of BlackBerry<br />&nbsp;</li> </ol> <h2>[when]</h2> <ol> <li>] 2013-09-27</li> </ol> <h2>[reference]</h2> <ol> <li>] <a href="http://ca.blackberry.com/content/dam/bbCompany/Desktop/Global/PDF/Investors/Documents/2013/Q1FY14_final_filing.pdf" target="_blank">http://ca.blackberry.com/content/dam/bbCompany/Desktop/Global/PDF/Investors/Documents/2013/Q1FY14_final_filing.pdf</a></li> </ol> <p>&nbsp;</p>