If you missed out on tuning into our live blog, you can now go ahead and listen to the replay of BlackBerry's Q4 fiscal 2017 earnings call. As noted in BlackBerry's press release, the earnings for Q4 Fiscal 2017 came in above expectations, and there were plenty of Q4 highlights noted.
Q4 Highlights
- Q4 non-GAAP total revenue of $297 million; GAAP total revenue of $286 million
- Q4 non-GAAP Company total software and services revenues of $193 million; GAAP Company total software and services revenues of $182 million
- Q4 non-GAAP gross margin of 65%; GAAP gross margin of 60%
- Q4 adjusted EBITDA of $42 million; positive for thirteenth consecutive quarter
- Q4 cash flow from operations of $19 million; free cash flow of $16 million
- Total cash balance increased by $89 million to $1.7 billion at the end of the fiscal fourth quarter
- Entered into a long-term, software licensing agreement with Optiemus Infracom Ltd to design, manufacture, sell and support BlackBerry-branded mobile devices in India, Sri Lanka, Nepal and Bangladesh
- At International CES 2017, announced the most advanced and secure embedded software platform for autonomous drive and connected cars
- At Mobile World Congress, TCL launched the BlackBerry KEYone, the most secure Android phone in the world featuring a smart QWERTY keyboard; the KEYone is the first device launched under the Company's licensing agreement with TCL
- Entered the Communications Platform as a Service (CPaaS) market with the launch of the BBM Enterprise SDK that will enable developers to integrate secure messaging, voice and video capabilities into applications and services
- After the quarter close, BB Merah Putih launched the BlackBerry Aurora, the first device launched under the Company's licensing agreement with BB Merah Putih
- After the quarter close, BlackBerry's AtHoc services achieved U.S. government FedRAMP and Agency/Component Authority to Operate (ATO) certifications
Other important items on the call cover the possibility of BlackBerry working with one of their hardware partners to produce an Android-based tablet that would be marketed as 'Secured by BlackBerry' but as noted on the call, no agreements have been signed in that area as of yet. For those expecting KEYone news from BlackBerry, John Chen did note it would be closer to the end of April for production to fully get going, with May being the broader rollout.
Read more
How Go Talk intends to be the BlackBerry of mobile carriers
Identity theft often goes through an unexpected route: conning the carrier. Go Talk Wireless wants to stamp out SIM swap fraud at the source.
Could AphyOS be the BlackBerry 10 successor we’ve been waiting for?
I met with representatives of Apostrophy at CES and received a first look at AphyOS — a new privacy-focused, subscription-based mobile OS that is expected launch later this year.
The Apple Watch Ultra is perfect for more than just fitness buffs
The Apple Watch Ultra is positioned as a smartwatch in a class of its own among Apple's smartwatch lineup, and it's in a class of its own amongst all smartwatches. Here's why we love it!
CrackBerry website migration happening this Saturday - DONE
Today is 2/22/22, which has put the number TWO in my head and made me realize it has been a minute or two since I've updated everyone on CrackBerry 2.0 relaunch progress. To fix that, here's an update starting with two exciting things happening this Saturday: 1. CrackBerry Turns 15! February 26, 2022 marks 15 years since CrackBerry.com officially launched. Seriously, where does the...