BlackBerry Press Release – Quarterly Earnings Report

 

 

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WOW!

Numbers don’t lie – services and software grew by 106% in 4Q and 113% for fiscal 2016! In addition they beat the earnings estimate by 0.07, although revenue was $487M and missed by $76.18M. This was attributed to a “purchase accounting write down of deferred revenue associated with recent acquisitions.

BlackBerry tallied greater than 3600 Enterprise wins in the quarter and approximately 70% of the software revenue was recurring!

 

Watch This Space for additional information on hardware and other sectors.

 

 

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Rob

kayaker co-pilot Tucson, it's a dry heat!

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