BlackBerry Q1 revenue of 168 million US dollars exceeded expectations, and the Internet of Things business revenue increased by 19% year -on -year

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BlackBerry Q1 revenue of 168 million US dollars exceeded expectations, and the Internet of Things business revenue increased by 19% year -on -year

2022-06-24 12:36:13 5 ℃

According to the US stocks research institute, according to Flower Shun Finance News, on June 24, Beijing time, BlackBerry (BB.US) announced the first quarter of fiscal year in fiscal year.According to the financial report, BlackBerry Q1 revenue was US $ 168 million, a decrease of 3.4%year -on -year, exceeding the market expectations of US $ 163.5 million; net loss was US $ 181 million, and the net loss was $ 62 million in the same period last year.The loss per share is $ 0.11.

Excluding the impact of a one -time litigation reconciliation amount of US $ 165 million, the loss per share under the non -recognized accounting standard of BlackBerry Q1 is $ 0.05, which is in line with market expectations.

According to the business, BlackBerry Internet of Things business revenue was $ 51 million, an increase of 19%year -on -year, and ARR was $ 94 million, of which the backlog of concession fees increased by 14%year -on -year, about $ 560 million.The revenue of network security business was 113 million US dollars, an increase of 6%year -on -year, and ARR was $ 334 million.

As of May 31, 2022, the total amount of cash, cash equivalents held by BlackBerry, short -term and long -term investment was US $ 721 million, of which the total amount of net cash was 356 million US dollars.

Article Source: U.S. Stock Research Agency