BlackBerry (BB) Tops Q1 EPS by 2c, Revenue Misses

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Go back to BlackBerry (BB) Tops Q1 EPS by 2c, Revenue Misses

BlackBerry Reports First Quarter Fiscal Year 2023 Results

June 23, 2022 5:05 PM EDT

Delivers year-over-year revenue growth for both IoT and Cybersecurity business units

First Quarter Fiscal 2023:

Total company revenue of $168 million.IoT revenue of $51 million.Cybersecurity revenue of $113 million.Licensing & Other revenue of $4 million.Net cash used by operations of $42 million.Non-GAAP basic loss per share of $0.05, GAAP basic loss per share of $0.31, primarily driven by a one-time litigation settlement of $165 million.

WATERLOO, ON, June 23, 2022 /PRNewswire/... More