How does a net loss of $670-million (U.S.) – or $1.28 a share – turn into a break-even performance?
By excluding 10 different expenses across 13 areas of the income statement when calculating "non-GAAP net income," the number BlackBerry Ltd. prefers investors look at.
Here is the company's earnings statement for the quarter ended May 31, and how BlackBerry erased its big loss.
Click/tap the highlighted areas for a breakdown of BlackBerry's adjustments.