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BlackBerry reports $670M loss in Q1 FY 2017, CEO confirms full-touch budget Android phone

BlackBerry today reported a net loss (GAAP) of $670 million or $1.28 per basic share for the first fiscal quarter 2017 that ended May 31, 2016 on revenues (GAAP) of $400 million. This is due to long lived asset impairment charge of $501 million, a $57 million goodwill impairment charge and $41 million inventory-related charge. During the … Continue reading "BlackBerry reports $670M loss in Q1 FY 2017, CEO confirms full-touch budget Android phone"
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http://www.fonearena.com/blog/189254/blackberry-reports-670m-loss-in-q1-fy-2017-ceo-confirms-full-touch-budget-android-phone.html

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