BlackBerry maker, Research in Motion, posted a modest $18 million profit for Q4 fiscal 2006, but, fell short of previous forecasts…
GAAP net income for the quarter was $18.4 million, or $0.10 per share diluted, as compared with a net loss of $2.6 million or $(0.01) per share diluted, in the same quarter last year. Adjusted EPS, excluding the settlement and litigation related charges and the related tax impact, was $0.65 per share diluted. A reconciliation of adjusted EPS to GAAP EPS is provided in the table below. Adjusted earnings per share do not have any standardized meaning prescribed by GAAP and may not be comparable to similar metrics presented by other companies.
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