If you weren't able to tune into BlackBerry's Q1 Fiscal 2018 earnings call, you can now listen to the full replay. As noted in BlackBerry's press release, there was plenty of highlights for the quarter and several relevant announcements made after the quarter closed.
Q1 Highlights
- Q1 non-GAAP total revenue of $244 million; GAAP total revenue of $235 million
- Q1 non-GAAP Company total software and services revenues of $169 million; GAAP Company total software and services revenues of $160 million
- Q1 non-GAAP gross margin of 67%; GAAP gross margin of 64%
- Total cash balance increased to $2.6 billion at the end of the fiscal first quarter
- Awarded $940 million from the positive outcome of the Qualcomm arbitration
- Launched AtHoc ACCOUNT, a new FedRAMP-authorized solution that enables government agencies and large organizations to account for personnel in real time; BlackBerry AtHoc is the only platform to achieve FedRAMP authorization for crisis communications
- TCL initiated shipments of the BlackBerry KEYone, as part of the Company's licensing program
- BB Merah Putih initiated shipments of the BlackBerry Aurora, as part of the Company's licensing program
- Launched BlackBerry SHIELD, an assessment tool for cybersecurity risk management; partnered with Allied World to make the tool available to its cyber insurance policyholders
- After the quarter, launched QNX Hypervisor 2.0, which enables the partitioning and isolation of safety critical environments in connected cars
- After the quarter, announced that Qualcomm is adopting QNX Hypervisor 2.0 in support of its digital cockpit solutions
- After the quarter, BlackBerry named a "Leader" in the Gartner Magic Quadrant for Enterprise Mobility Management Suites
- After the quarter, announced the general availability of BBM Enterprise SDK to address the Communications Platform as a Service (CPaaS) market; more than 60 ISVs are using the tool to develop mobile apps for iOS and Android
In addition to the noted highlights, BlackBerry CEO John Chen, on the call, also spoke of new partnerships with FedEx as well as the roll out of BlackBerry licensed hardware by TCL, BB Merah Putih and the upcoming hardware release from Optiemus Infracom Ltd. which is expected to arrive in Q2 FY2018.
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