pre-tax income of $43,000, compared with $5.9 million.
BlackBerry Reports First Quarter Fiscal 2020 Total Company Non-GAAP
Revenue Growth of 23% Year-Over-Year and GAAP Revenue Growth of 16% Year-Over-Year -- 26/6/2019
On a non-GAAP
adjusted basis, the company reported gross margin of 43.5 percent, operating income of $794 million or 22.4 percent of net sales, and EPS of $0.70.
* Q4 GAAP revenue of $1.189 billion and non-GAAP
revenue of $1,195 billion
diluted EPS of $0.46, including a $(0.13) impact from BEAT tax.
net loss was $5.2 million, or $0.26 per basic share, compared with non-GAAP
net income of $12.9 million, or $0.64 per diluted share in the second quarter of 2018, and a non-GAAP
net loss of $5.4 million, or $0.27 per basic share in the first quarter of 2019.
To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, we use the following non-GAAP
financial measures: operating income (Non-GAAP
); operating margin (Non-GAAP
); net income (Non-GAAP
); diluted earnings per share (Non-GAAP
); free cash flow; constant currency revenues; and constant currency revenue growth.
The author discusses the history of the SEC's regulation of non-GAAP
measures and gives an overview of research into how those measures arc arrived at by companies and treated by stakeholders.
total revenue for the fourth quarter of fiscal year 2019 was USD 235.2 million versus USD 238.5 million in the same quarter one year ago.
For the year, GAAP and non-GAAP
gross margins are expected to be in the 30% range.
dollar compared to foreign currencies, Oracle's reported GAAP and non-GAAP
Total Revenues would have been $66 million higher, and Earnings Per Share would have been 1 cent higher.