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Feb 29, 2020

BlackBerry Q4 2020 Earnings Report

BlackBerry reported mixed results with revenue growth offset by operating losses.

Key Takeaways

BlackBerry Limited reported its Fiscal Fourth Quarter and Fiscal Year 2020 Results. The company's total GAAP revenue was $282 million, up 11% year-over-year. The GAAP loss per basic and diluted share was $0.07. The company generated $32 million in free cash flow.

Total company GAAP revenue was $282 million, up 11% year-over-year.

Total GAAP Software and Services revenue was $278 million, up 13% year-over-year.

GAAP loss per basic and diluted share was $0.07.

Free cash flow generated of $32 million.

Total Revenue
$291M
Previous year: $257M
+13.2%
EPS
$0.09
Previous year: $0.11
-18.2%
GAAP Gross Margin
75%
Non-GAAP Gross Margin
77%
Gross Profit
$212M
Previous year: $206M
+2.9%
Cash and Equivalents
$377M
Previous year: $548M
-31.2%
Free Cash Flow
$32M
Previous year: $83M
-61.4%
Total Assets
$3.89B
Previous year: $3.97B
-2.0%

BlackBerry

BlackBerry

BlackBerry Revenue by Segment

Forward Guidance

BlackBerry will provide fiscal year 2021 outlook in connection with the quarterly earnings announcement on its earnings conference call.