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BlackBerry + 6.6% on Q4 earnings, licensed strength – BlackBerry Limited (NYSE: BB)



BlackBerry (NYSE: BB) gains 6.6% in the fourth quarter with net income of $ 0.08 per share, down from a loss of $ 0.06 last year. Software and Services revenues were $ 248 million (+ 14% Y / Y).

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Breakdown of Software and Services Revenue: Company, $ 94 million (Consensus: $ 104.4 million); Blackberry Tech Solutions, $ 55 million (consensus: $ 55.7 million); Licensing, IP and others, $ 99 million (consensus: $ 78.6 million).

Operating cash flow was $ 20 million and FCF $ 1

8 million.

BB ended the quarter with $ 1 billion in cash and in equivalents.

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