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May 31, 2022
BlackBerry Q1 2023 Earnings Report
Delivered year-over-year revenue growth for both IoT and Cybersecurity business units.
Key Takeaways
BlackBerry reported its Q1 fiscal year 2023 results, showcasing year-over-year revenue growth in both its IoT and Cybersecurity business units. The company's IoT business maintained momentum with new design wins, while the Cybersecurity business recorded double-digit year-over-year billings growth.
Total company revenue was $168 million.
IoT revenue was $51 million, a 19% increase year-over-year.
Cybersecurity revenue was $113 million, a 6% increase year-over-year.
Non-GAAP basic loss per share was $0.05, GAAP basic loss per share was $0.31.
Forward Guidance
BlackBerry will discuss its fiscal year 2023 and longer-term 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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