UPDATE: Canaccord Genuity Upgrades BlackBerry Limited (BB) to Hold
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BlackBerry Reports Fourth Quarter and Full Fiscal Year 2021 Results
March 30, 2021 5:05 PM EDTFourth Quarter Fiscal 2021:
Total company non-GAAP revenue of $215 million; total company GAAP revenue of $210 million. During the quarter BlackBerry entered into an exclusive negotiation with a North American entity for the potential sale of part of the patent portfolio relating primarily to mobile devices, messaging and wireless networking. The Company has limited its patent monetization activities due to the ongoing negotiations. If the Company had not been in negotiations during the quarter, we believe that Licensing revenue would have been higher. Non-GAAP earnings per... More
