BlackBerry Ltd (BB) Beats Non-GAAP Earnings Expectations in Q4 FY24

BlackBerry Ltd (BB) Beats Non-GAAP Earnings Expectations in Q4 FY24 Revenue: Q4 revenue reached $173 million, surpassing the estimated $151.1157 million. Net Income: Reported a GAAP net loss of $56 million, compared to an estimated net loss of $17.502 million. Earnings Per Share (EPS): Non-GAAP EPS was $0.03, exceeding the estimated EPS of -$0.02. Cash Flow: Operating cash usage improved significantly, decreasing by 52% sequentially to $15 million. Gross Margin: Increased to 75% for both non-GAAP and GAAP measurements. On …