Revenue exceeds expectations and Company adds deep cybersecurity industry experience to drive growth – Total company revenue of $175 million . – IoT revenue of $40 million . – Cyber Security revenue of $120 million . – Licensing & Other revenue of $15 million . – Positive operating cash flow of $12 million . – Non-GAAP loss per basic and diluted share of $0.06 ; GAAP loss per basic and diluted share of $0.25 . A …
Revenue exceeds expectations and Company adds deep cybersecurity industry experience to drive growth
– Total company revenue of $175 million .
– IoT revenue of $40 million .
– Cyber Security revenue of $120 million .
– Licensing & Other revenue of $15 million .
– Positive operating cash flow of $12 million .
– Non-GAAP loss per basic and diluted share of $0.06 ; GAAP loss per basic and diluted share of $0.25 . A non-cash accounting adjustment to the fair value of the convertible debentures, as a result of market and trading conditions, accounts for approximately $0.12 of GAAP loss per share.
WATERLOO, ON, Sept. 22, 2021 /PRNewswire/ — BlackBerry Limited (NYSE: BB; TSX: BB) today reported financial results for the three months ended August 31, 2021 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).
“Revenue for all businesses beat expectations this quarter. The Cyber Security business unit delivered robust sequential billings and revenue growth and the IoT business unit performed well in the face of global...
Read Full Story: https://investingnews.com/news/mobile-web-investing/blackberry-reports-second-quarter-fiscal-year-2022-results/
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