BlackBerry (BBRY, BB.TO) reported a Q4 adjusted loss of $0.08 per share, better than expectations of a loss of $0.54 per share, if comparable. Revenue was $976 million, down 64% from $2.7 billion in the year ago quarter, and below the analyst consensus of $1.2 billion on Capital IQ.

During Q4, the company recognized hardware revenue on approximately 1.3 million BlackBerry smartphones compared to approximately 1.9 million BlackBerry smartphones in the previous quarter. During Q4, approximately 3.4 million BlackBerry smartphones were sold through to end customers, which included shipments made and recognized prior to Q4 and which reduced the company’s inventory in channel. Of the BlackBerry smartphones sold through to end customers in the fourth quarter, approximately 2.3 million were BlackBerry 7 devices.

Looking forward, the company is targeting break even cash flow results by the end of fiscal 2015.

In Other News

Finish Line (FINL) reported Q4 non-GAAP earnings of $0.87, two cents better than the analyst consensus on Capital IQ. Sales were $518.9 million, below expectations of $529 million. Comp store sales for the quarter increased 6.3%.

For the fiscal year ending February 28, 2015, Finish Line expects comparable store sales to be up mid single digits and earnings per share to increase in the high single to low double digit range over fiscal year 2014 non-GAAP diluted earnings per share of $1.66.

China Nepstar Chain Drugstore (NPD), a retail drugstore chain in China, reported revenue that increased 12% year-over-year.

Revenue increased by 11.6% to RMB749.8 million, or $123.9 million, compared to RMB671.9 million in Q4 2012.

Basic and diluted earnings per American Depositary Share were RMB0.14 (US$0.02) compared to RMB0.80 reported in Q4 2012. Quarterly analyst estimates were not available.

The company said the immediate outlook in 2014 for retail operations across most sectors in the mainland of China “remains challenging.”

NPD trades in a 52-week range of $1.46 to $3.49.

Source: Alpha Wired