BlackBerry Q3 FY23 revenue $169M beats expectations; IoT revenue up 19% YoY to $51M

BLACKBERRY Ltd

2023-Q3 EPS reported -$0.54 revenue$505,000,000

GAAP basic loss per share $0.01; non-GAAP basic loss per share $0.05.
IoT segment revenue $51M (+19% YoY) with 80% gross margin.
Cybersecurity revenue $106M with ARR $313M; billings $103M.
Total cash and investments $505M; net cash used by ops $185M due to litigation settlement payment.
BlackBerry expands QNX cloud partnership with AWS; NATO authorizes SecuSUITE for secure comms.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BLACKBERRY Ltd reported the quarter ended November 30, 2022 results: revenue $169 million, EPS GAAP basic loss per share of $0.01.

Period: the quarter ended November 30, 2022
Revenue: $169 million
EPS: GAAP basic loss per share of $0.01
Result: reported results

Exact text from the filing

December 20, 2022 FOR IMMEDIATE RELEASE BlackBerry Reports Third Quarter Fiscal Year 2023 Results Beats expectations for both revenue and earnings and delivers strong year-over-year revenue growth for IoT business unit Third Quarter Fiscal 2023: • Total company revenue of $169 million.

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Source: SEC EDGAR

accession 0001070235-22-000165

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