secwatch.observer — SEC 8-K summary
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Issuer:     BLACKBERRY Ltd (BB)
CIK:        0001070235
Form:       8-K
Filed at:   2023-06-28T23:59:59+00:00
Accession:  0001070235-23-000104
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackBerry Q1 FY2024: non-GAAP EPS $0.06 beats; revenue $373M includes $218M patent sale
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- Total revenue $373M; IoT $45M, Cybersecurity $93M, Licensing $235M (incl. $218M patent sale).
- Non-GAAP EPS $0.06 beats expectations; GAAP basic loss per share $0.02.
- Cybersecurity billings $122M, up 14% QoQ and 37% YoY; ARR $289M.
- Cash, equivalents and investments up $91M to $578M; first $170M patent-sale instalment received.
- IoT revenue impacted by program delays; management reaffirms full-year consensus for both IoT and Cybersecurity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070235/000107023523000104/0001070235-23-000104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070235/000107023523000104/bbry-20230628.htm
  HTML page:      https://secwatch.observer/filing/0001070235-23-000104

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer