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Nov 30, 2021
BlackBerry Q3 2022 Earnings Report
Delivered sequential billings and revenue growth, beating revenue expectations for both IoT and Cybersecurity business units.
Key Takeaways
BlackBerry reported solid sequential billings and revenue growth for both the IoT and Cybersecurity businesses, beating expectations for the second consecutive quarter. The company also beat expectations on earnings, despite ongoing investment to drive future top line growth.
Total company revenue of $184 million.
IoT revenue of $43 million.
Cybersecurity revenue of $128 million.
Licensing & Other revenue of $13 million.
Non-GAAP breakeven earnings per basic and diluted share; Basic GAAP profit per share of $0.13 and diluted GAAP loss per share of $0.05.
BlackBerry
BlackBerry
Forward Guidance
BlackBerry will provide fourth fiscal quarter 2022 outlook in connection with the quarterly earnings announcement on its earnings conference call.