BlackBerry narrows fiscal Q2 losses to US$207 million

BlackBerry narrowed its quarterly loss to US$207 million, compared with a prior year loss of US$965 million, on revenue of US$916 million, down from US$1.57 billion a year earlier.

The revenue split was 46 per cent hardware, 46 per cent services, and eight per cent software and other revenue.

During the fiscal second quarter to August 30, some 2.1 million BlackBerry smartphones shipped, although a slightly greater number – 2.4 million – were sold to end customers, reducing the amount of BlackBerry inventory held in the channel.

The company said that its EZ Pass Program, offering no-cost upgrades to BlackBerry Enterprise Service 10 with a subsequent free upgrade to BES 12, has resulted in a total of 3.4 million BES10 licences issued, a “nearly three-fold” increase from the prior quarter.

With BlackBerry’s renewed focus on the enterprise space, the fact that 25 per cent of licences traded-in for the EZ Pass Program came from competitive mobile device management platforms is encouraging.

Its BBM messaging platform now has 91 million active users, up from 85 million in the prior quarter.

The results came in a week which also saw BlackBerry unveil its flagship Passport smartphone – a device intended to reinvigorate its performance in the high-end enterprise market.

The period also saw BlackBerry restructuring to create its BlackBerry Technology Solutions unit, and announcing its acquisition of Secusmart.

Total cash and investments at August 30 amounted to US$3.1 billion.

0 comments ↓

There are no comments yet...Kick things off by filling out the form below.

Leave a Comment