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May 31, 2021
BlackBerry Q1 2022 Earnings Report
Aligned the business around IoT and Cyber Security, with strong progress in the auto business and new product launches in Cyber Security.
Key Takeaways
BlackBerry reported a total company revenue of $174 million, with IoT revenue at $43 million and Cyber Security revenue at $107 million. The company's non-GAAP loss per share was $0.05, while GAAP loss per share was $0.11.
Total company revenue was $174 million.
IoT revenue reached $43 million with a gross margin of 84% and ARR of $86 million.
Cyber Security revenue was $107 million with a gross margin of 57% and ARR of $364 million.
Licensing & Other revenue amounted to $24 million.
Forward Guidance
BlackBerry will provide fiscal year 2022 outlook in connection with the quarterly earnings announcement on its earnings conference call.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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