BlackBerry 1Q Includes $594M Goodwill Impairment Chg, Mostly for Spark Unit>BB

黑莓第一季度包括5.94亿美元的商誉减值变化,主要用于Spark Unit>BB

2020/06/25 05:04  Dow Jones Newswires

*DJ BlackBerry 1Q Rev $206M >BB

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June 24, 2020 17:01 ET (21:01 GMT)

*DJ BlackBerry 1Q Loss/Shr $1.14 >BB

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June 24, 2020 17:01 ET (21:01 GMT)

*DJ BlackBerry 1Q Adj EPS 2c >BB

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June 24, 2020 17:01 ET (21:01 GMT)

*DJ BlackBerry 1Q Gross Margin 69.4% >BB

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June 24, 2020 17:01 ET (21:01 GMT)

*DJ BlackBerry 1Q Loss $636M >BB

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June 24, 2020 17:01 ET (21:01 GMT)

Press Release: BlackBerry Reports Fiscal 2021 First Quarter Results

BlackBerry Reports Fiscal 2021 First Quarter Results

Canada NewsWire

WATERLOO, Ontario, June 24, 2020

- Total company non-GAAP revenue of $214 million; total company GAAP revenue of $206 million.

- Non-GAAP earnings per basic and diluted share of $0.02; GAAP loss per basic and diluted share of $1.14 primarily due to a non-cash, one-time goodwill impairment charge.

- Net cash used by operating activities of $31 million and capital expenditures of $1 million.

WATERLOO, Ontario, June 24, 2020 /CNW/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today reported financial results for the three months ended May 31, 2020 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).

"BlackBerry QNX was impacted by macro headwinds in the auto and other embedded sectors but we are starting to see signs of a recovery," said John Chen, Executive Chairman and CEO, BlackBerry. "On the enterprise front, we saw good demand from customers who recognized the necessity for BlackBerry's security, business continuity, and productivity solutions in an increasingly remote working environment. BlackBerry is capitalizing on the secular trends of securing and connecting endpoints."

First Quarter Fiscal 2021 Highlights

-- Total company non-GAAP revenue for the first quarter of fiscal 2021 was $214 million versus $267 million last year. Total company GAAP revenue for the first quarter of fiscal 2021 was $206 million versus $247 million last year. -- Recurring non-GAAP software product revenue was over 90%. -- Non-GAAP gross margin was 71% versus 75% last year and GAAP gross margin was 69% versus 72% last year. -- Non-GAAP operating earnings were $3 million versus non-GAAP operating earnings of $5 million last year. GAAP operating loss was $645 million versus GAAP operating loss of $36 million last year. -- Non-GAAP earnings per share was $0.02 (basic and diluted) versus non-GAAP earnings per share of $0.01 (basic and diluted) last year. GAAP net loss per share was $1.14 (basic and diluted) versus GAAP net loss per share of $0.06 (basic) and $0.09 (diluted) last year. -- First quarter fiscal 2021 GAAP net loss includes $594 million in a non-cash, one-time goodwill impairment charge primarily related to the impairment of the BlackBerry Spark(R) reporting unit, $33 million for acquired intangibles amortization expense, $14 million in stock compensation expense, a charge of $1 million related to the fair value adjustment on the debentures, and other amounts as summarized in the table below. -- At May 31, 2020, total cash, cash equivalents, short-term and long-term investments were $955 million. Net cash used by operating activities of $31 million and capital expenditures of $1 million.

Outlook

Given the uncertainty across the global economy due to the COVID-19 pandemic, BlackBerry is not providing a financial outlook for fiscal 2021.

Use of Non-GAAP Financial Measures

The tables at the end of this press release include a reconciliation of the non-GAAP financial measures used by the company to comparable GAAP measures and an explanation of why the company uses them.

Conference Call and Webcast

A conference call and live webcast will be held today beginning at 5:30 p.m. ET, which can be accessed by dialing 1-877-682-6267 or by logging on at BlackBerry.com/Investors. A replay of the conference call will also be available at approximately 8 p.m. ET by dialing 1-800-585-8367 and entering Conference ID #5177627 and at the link above.

About BlackBerry

BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including more than 175M cars on the road today. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security management, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.

BlackBerry. Intelligent Security. Everywhere.

For more information, visit BlackBerry.com and follow @BlackBerry.

Investor Contact:

BlackBerry Investor Relations

(519) 888-7465

investor_relations@blackberry.com

Media Contact:

BlackBerry Media Relations

(519) 597-7273

mediarelations@blackberry.com

This news release contains forward-looking statements within the meaning of certain securities laws, including under the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, including statements regarding BlackBerry's plans, strategies and objectives including its intentions to achieve long-term profitable revenue growth and increase and enhance its product and service offerings.

The words "expect", "anticipate", "estimate", "may", "will", "should", "could", "intend", "believe", "target", "plan" and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by BlackBerry in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that BlackBerry believes are appropriate in the circumstances, including but not limited to, BlackBerry's expectations regarding its business, strategy, opportunities and prospects, the launch of new products and services, general economic conditions, competition, and BlackBerry's expectations regarding its financial performance. Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, risks related to the following factors: BlackBerry's ability to enhance, develop, introduce or monetize products and services for the enterprise market in a timely manner with competitive pricing, features and performance; BlackBerry's ability to maintain or expand its customer base for its software and services offerings to grow revenue or achieve sustained profitability; the intense competition faced by BlackBerry; the occurrence or perception of a breach of BlackBerry's network cybersecurity measures, or an inappropriate disclosure of confidential or personal information; the failure or perceived failure of BlackBerry's solutions to detect or prevent security vulnerabilities; the outbreak of the COVID-19 coronavirus; BlackBerry's continuing ability to attract new personnel, retain existing key personnel and manage its staffing effectively; BlackBerry's dependence on its relationships with resellers and channel partners; BlackBerry's ability to obtain rights to use third-party software and its use of open source software; failure to protect BlackBerry's intellectual property and to earn revenues from intellectual property rights; litigation against BlackBerry; the substantial asset risk faced by BlackBerry, including the potential for charges related to its long-lived assets and goodwill; BlackBerry's indebtedness; acquisitions, divestitures and other business initiatives; BlackBerry's products and services being dependent upon interoperability with rapidly changing systems provided by third parties; BlackBerry being found to have infringed on the intellectual property rights of others; the use and management of user data and personal information; network disruptions or other business interruptions; government regulations applicable to BlackBerry's products and services, including products containing encryption capabilities; foreign operations, including fluctuations in foreign currencies; the failure of BlackBerry's suppliers, subcontractors, channel partners and representatives to use acceptable ethical business practices or comply with applicable laws; BlackBerry's ability to generate revenue and profitability through the licensing of security software and services or the BlackBerry brand to device manufacturers; BlackBerry's reliance on third parties to manufacture and repair its hardware products; fostering an ecosystem of third-party application developers; regulations regarding health and safety, hazardous materials usage and conflict minerals, and to product certification risks; tax provision changes, the adoption of new tax legislation or exposure to additional tax liabilities; the fluctuation of BlackBerry's quarterly revenue and operating results; the volatility of the market price of BlackBerry's common shares; and adverse economic and geopolitical conditions.

These risk factors and others relating to BlackBerry are discussed in greater detail in BlackBerry's Annual Report on Form 10-K and the "Cautionary Note Regarding Forward-Looking Statements" section of BlackBerry's MD&A (copies of which filings may be obtained at www.sedar.com or www.sec.gov). All of these factors should be considered carefully, and readers should not place undue reliance on BlackBerry's forward-looking statements. Any statements that are forward-looking statements are intended to enable BlackBerry's shareholders to view the anticipated performance and prospects of BlackBerry from management's perspective at the time such statements are made, and they are subject to the risks that are inherent in all forward-looking statements, as described above, as well as difficulties in forecasting BlackBerry's financial results and performance for future periods, particularly over longer periods, given changes in technology and BlackBerry's business strategy, evolving industry standards, intense competition and short product life cycles that characterize the industries in which BlackBerry operates. BlackBerry has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.


BlackBerry Limited

(MORE TO FOLLOW) Dow Jones Newswires

June 24, 2020 17:01 ET (21:01 GMT)

Press Release: BlackBerry Reports Fiscal 2021 -2-


Incorporated under the Laws of Ontario
(United States dollars, in millions except share and per share amounts) (unaudited)
Consolidated Statements of Operations For the Three Months Ended May 31, 2020 February 29, 2020 May 31, 2019
Revenue $ 206 $ 282 $ 247
Cost of sales 63 70 70
Gross margin 143 212 177
Gross margin % 69.4% 75.2% 71.7%
Operating
expenses
Research and development 57 60 71
Selling, marketing and administration 90 113 121
Amortization 46 48 49
Impairment of -- 5 --
long-lived assets
Impairment of goodwill 594 22 --
Debentures fair value adjustment 1 5 (28) 788 253 213
Operating loss (645) (41) (36)
Investment income (loss), net -- (1) 3
Loss before income taxes (645) (42) (33)
Provision for (recovery of) income taxes (9) (1) 2
Net loss $ (636) $ (41) $ (35)
Loss per share
Basic $ (1.14) $ (0.07) $ (0.06)
Diluted $ (1.14) $ (0.07) $ (0.09)
Weighted-average
number of common
shares
outstanding
(000s)
Basic 557,839 556,668 551,845
Diluted 557,839 556,668 612,345
Total common shares outstanding (000s) 555,623 554,199 547,922
BlackBerry Limited
Incorporated under the Laws of Ontario
(United States dollars, in millions) (unaudited)
Consolidated Balance Sheets As at May 31, 2020 February 29, 2020
Assets
Current
Cash and cash equivalents $ 312 $ 377
Short-term investments 562 532
Accounts receivable, net of allowance of $13 and $9, respectively 210 215
Other receivables 20 14
Income taxes receivable 8 6
Other current assets 60 52 1,172 1,196
Restricted cash and cash equivalents 48 49
Long-term investments 33 32
Other long-term assets 57 65
Operating lease right-of-use assets, net 118 124
Property, plant and equipment, net 66 70
Goodwill 843 1,437
Intangible assets, net 878 915 $ 3,215 $ 3,888
Liabilities
Current
Accounts payable $ 46 $ 31
Accrued liabilities 185 202
Income taxes payable 12 18
Debentures 599 606
Deferred revenue, current 249 264 1,091 1,121
Deferred revenue, non-current 92 109
Operating lease liabilities 111 120
Other long-term liabilities 8 9 1,302 1,359
Shareholders' equity
Capital stock and additional paid-in capital 2,777 2,760
Deficit (838) (198)
Accumulated other comprehensive loss (26) (33) 1,913 2,529 $ 3,215 $ 3,888
BlackBerry Limited
Incorporated under the Laws of Ontario
(United States dollars, in millions) (unaudited)
Consolidated Statements of Cash Flows Three Months Ended May 31, 2020 May 31, 2019
Cash flows from operating
activities
Net loss $ (636) $ (35)
Adjustments to reconcile net loss
to net cash used
in operating activities:
Amortization 50 53
Deferred income taxes -- 2
Stock-based compensation 13 17
Impairment of goodwill 594 --
Debentures fair value adjustment 1 (28)
Other long-term liabilities (1) --
Operating leases (3) (5)
Other -- 2
Net changes in working capital
items
Accounts receivable, net 1 (30)
Other receivables (6) (4)
Income taxes receivable (2) --
Other assets -- (9)
Accounts payable 15 1
Accrued liabilities (18) (57)
Income taxes payable (7) 2
Deferred revenue (32) 27
Net cash used in operating activities (31) (64)
Cash flows from investing
activities
Acquisition of long-term (1) --
investments
Acquisition of property, plant and equipment (1) (2)
Acquisition of intangible assets (8) (7)
Business acquisitions, net of cash acquired -- 2
Acquisition of short-term investments (299) (392)
Proceeds on sale or maturity of short-term investments 270 270
Net cash used in investing activities (39) (129)
Cash flows from financing
activities
Issuance of common shares 4 3
Net cash provided by financing activities 4 3
Effect of foreign exchange loss on cash, cash equivalents, restricted cash, and restricted cash equivalents -- (1)
Net decrease in cash, cash equivalents, restricted cash, and restricted cash equivalents during the period (66) (191)
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period 426 582
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period $ 360 $ 391
As at May 31, 2020 February 29, 2020
Cash and cash equivalents $ 312 $ 377
Restricted cash and cash equivalents $ 48 $ 49
Short-term investments $ 562 $ 532
Long-term investments $ 33 $ 32

Reconciliations of Non-GAAP Measures with the Nearest Comparable GAAP Measures

In the Company's internal reports, management evaluates the performance of the Company's business on a non-GAAP basis by excluding the impact of the items below from the Company's financial results. The Company believes that excluding the below items provides readers of the Company's financial statements with a more consistent basis for comparison across accounting periods and is more useful in helping readers understand the Company's operating results and underlying operational trends.

Readers are cautioned that adjusted revenue, adjusted gross margin (before taxes), adjusted gross margin percentage (before taxes), adjusted operating expense, adjusted operating income, adjusted EBITDA, adjusted operating income margin percentage, adjusted EBITDA margin percentage, adjusted net income (loss), adjusted income (loss) per share, adjusted research and development expense, adjusted selling, marketing and administrative expense, adjusted amortization expense and free cash flow and similar measures do not have any standardized meaning prescribed by U.S. GAAP and are therefore unlikely to be comparable to similarly titled measures reported by other companies. These non-GAAP financial measures should be considered in the context of the U.S. GAAP results.

Reconciliation of non-GAAP based measures with most directly comparable GAAP based measures for the three months ended May 31, 2020 and May 31, 2019

(MORE TO FOLLOW) Dow Jones Newswires

June 24, 2020 17:01 ET (21:01 GMT)

Press Release: BlackBerry Reports Fiscal 2021 -3-

A reconciliation of the most directly comparable U.S. GAAP financial measures for the three months ended May 31, 2020 and May 31, 2019 to adjusted financial measures is reflected in the tables below:


For the Three Months Ended (in May 31, 2020 May 31, 2019
millions)
Revenue $ 206 $ 247
Software deferred revenue acquired (1) 8 20
Adjusted revenue $ 214 $ 267
Gross margin $ 143 $ 177
Software deferred revenue acquired (1) 8 20
Restructuring charges -- 1
Stock compensation expense 2 1
Adjusted gross margin $ 153 $ 199
Gross margin % 69.4% 71.7%
Software deferred revenue acquired (1) 1.2% 2.1%
Restructuring charges --% 0.4%
Stock compensation expense 0.9% 0.3%
Adjusted gross margin % 71.5% 74.5%
(1) See Reconciliation of U.S. GAAP Software and Services
revenue to adjusted Software and Services revenue

Reconciliation of operating expense for the three months ended May 31, 2020 and May 31, 2019 to adjusted operating expense is reflected in the tables below:


For the Three Months Ended (in May 31, 2020 May 31, 2019
millions)
Operating expense $ 788 $ 213
Restructuring charges 1 --
Stock compensation expense 12 16
Debenture fair value adjustment 1 (28)
Software deferred commission expense acquired (3) (5)
Acquired intangibles amortization 33 35
Business acquisition and integration costs -- 1
Goodwill impairment charge 594 --
LLA impairment charge -- --
Adjusted operating expense $ 150 $ 194

Reconciliation of GAAP net loss and GAAP basic loss per share for the three months ended May 31, 2020 and May 31, 2019 to adjusted net income and adjusted basic earnings per share is reflected in the tables below:


For the Three Months May 31, 2020 May 31, 2019
Ended (in millions,
except per
share amounts) Basic Basic earnings earnings per share per share
Net loss $(636) $(1.14) $(35) $(0.06)
Software deferred revenue acquired 8 20
Restructuring charges 1 1
Stock compensation expense 14 17
Debenture fair value adjustment 1 (28)
Software deferred commission expense acquired (3) (5)
Acquired intangibles amortization 33 35
Business acquisition and integration costs -- 1
Goodwill impairment 594 --
charge
Acquisition valuation allowance -- (1)
Adjusted net income $ 12 $0.02 $ 5 $0.01

Reconciliation of U.S GAAP Software and Services revenue for the three months ended May 31, 2020 and May 31, 2019 to adjusted Software and Services revenue is reflected in the tables below:


For the Three Months Ended (in May 31, 2020 May 31, 2019
millions)
Software and Services Revenue $ 148 $ 168
Software deferred revenue acquired 8 20
Adjusted Software and Services revenue $ 156 $ 188

Reconciliation of U.S GAAP research and development, selling, marketing and administration, and amortization expense for the three months ended May 31, 2020 and May 31, 2019 to adjusted research and development, selling, marketing and administration, and amortization expense is reflected in the tables below:


For the Three Months Ended (in May 31, 2020 May 31, 2019
millions)
Research and development $ 57 $ 71
Stock compensation expense 3 3
Adjusted research and development $ 54 $ 68
Selling, marketing and administration $ 90 $ 121
Restructuring charges 1 --
Software deferred commission expense acquired (3) (5)
Stock compensation expense 9 13
Business acquisition and integration costs -- 1
Adjusted selling, marketing and administration $ 83 $ 112
Amortization $ 46 $ 49
Acquired intangibles amortization 33 35
Adjusted amortization $ 13 $ 14

Adjusted operating income, adjusted EBITDA, adjusted operating income margin percentage and adjusted EBITDA margin percentage for the three months ended May 31, 2020 and May 31, 2019 are reflected in the table below.


For the Three Months Ended (in May 31, 2020 May 31, 2019
millions)
Operating loss $ (645) $ (36)
Non-GAAP adjustments to operating
loss
Software deferred revenue acquired 8 20
Restructuring charges 1 1
Stock compensation expense 14 17
Debenture fair value adjustment 1 (28)
Software deferred commission expense acquired (3) (5)
Acquired intangibles amortization 33 35
Business acquisition and integration costs -- 1
Goodwill impairment charge 594 --
Total non-GAAP adjustments to operating loss 648 41
Adjusted operating income 3 5
Amortization 50 53
Acquired intangibles amortization (33) (35)
Adjusted EBITDA $ 20 $ 23
Adjusted revenue (per above) $ 214 $ 267
Adjusted operating income margin % (1) 1% 2%
Adjusted EBITDA margin % (2) 9% 9%
(1) Adjusted operating income margin % is calculated by dividing adjusted operating income by adjusted revenue
(2) Adjusted EBITDA margin % is calculated by dividing
adjusted EBITDA by adjusted revenue

View original content to download multimedia:http://www.prnewswire.com/news-releases/blackberry-reports-fiscal-2021-first-quarter-results-301083196.html

SOURCE BlackBerry Limited

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Copyright CNW Group 2020

(END) Dow Jones Newswires

June 24, 2020 17:01 ET (21:01 GMT)

*DJ BlackBerry: BlackBerry QNX 'Impacted by Macro Headwinds in the Auto and Other Embedded Sectors but We Are Starting to See Signs of a Recovery'

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June 24, 2020 17:03 ET (21:03 GMT)

*DJ BlackBerry 1Q Includes $594M Goodwill Impairment Chg, Mostly for Spark Unit>BB

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June 24, 2020 17:04 ET (21:04 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

*DJ黑莓第一季度修订版2.06亿美元>BB

(更多关注)道琼斯通讯社(212-416-2800)

2020年6月24日美国东部时间17:01(格林尼治标准时间21:01)

*DJ黑莓第一季度亏损/Shr$1.14>BB

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2020年6月24日美国东部时间17:01(格林尼治标准时间21:01)

*DJ黑莓第一季度调整每股收益2c>bb

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2020年6月24日美国东部时间17:01(格林尼治标准时间21:01)

*DJ黑莓第一季度毛利率69.4%>BB

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2020年6月24日美国东部时间17:01(格林尼治标准时间21:01)

*DJ黑莓第一季度亏损6.36亿美元>BB

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2020年6月24日美国东部时间17:01(格林尼治标准时间21:01)

新闻稿:黑莓公布2021财年第一季业绩

黑莓公布2021财年第一季度业绩

加拿大新闻通讯社

安大略省滑铁卢,2020年6月24日

-公司非GAAP收入总额为2.14亿美元;公司GAAP收入总额为2.06亿美元。

-非GAAP基本和稀释后每股收益为0.02美元;GAAP基本和稀释后每股亏损1.14美元,主要原因是非现金、一次性商誉减值费用。

-业务活动使用的现金净额为3100万美元,资本支出为100万美元。

亚洲网安大略省滑铁卢2020年6月24日电黑莓有限公司(纽约证券交易所市场代码:BB;多伦多证券交易所市场代码:BB)今天公布了截至2020年5月31日的三个月的财务业绩(除另有说明外,所有数字均以美元和美国公认会计原则计算)。

“黑莓QNX受到汽车和其他嵌入式行业宏观逆风的影响,但我们开始看到复苏的迹象,”黑莓执行主席兼首席执行官约翰·陈(John Chen)表示。在企业方面,我们看到了客户的良好需求,他们认识到在越来越远程的工作环境中需要黑莓的安全、业务连续性和生产力解决方案。黑莓正在利用保护和连接终端的长期趋势。“

2021财年第一季度亮点

-2021财年第一季度公司非GAAP总收入为2.14亿美元,而去年为2.67亿美元。2021财年第一季度公司GAAP总收入为2.06亿美元,而去年为2.47亿美元。--经常性非GAAP软件产品收入超过90%。-非GAAP毛利率为71%,去年为75%,GAAP毛利率为69%,去年为72%。--非GAAP营业收益为300万美元,而去年非GAAP营业收益为500万美元。GAAP运营亏损为6.45亿美元,而去年GAAP运营亏损为3600万美元。--非GAAP每股收益为0.02美元(基本和稀释后),而去年非GAAP每股收益为0.01美元(基本和稀释后)。GAAP每股净亏损为1.14美元(基本和稀释后),而去年GAAP每股净亏损分别为0.06美元(基本)和0.09美元(稀释后)。--2021财务年度第一季度GAAP净亏损包括5.94亿美元的非现金一次性商誉减值费用,主要与黑莓Spark(R)报告部门的减值有关,3300万美元用于收购的无形资产摊销费用,1400万美元的股票补偿费用,100万美元与债券公允价值调整有关的费用,以及下表总结的其它金额。-截至2020年5月31日,现金、现金等价物、短期和长期投资总额为9.55亿美元。业务活动使用的现金净额为3100万美元,资本支出为100万美元。

展望

鉴于新冠肺炎疫情给全球经济带来的不确定性,黑莓没有提供2021年财年的财务前景。

非GAAP财务指标的使用

本新闻稿末尾的表格包括该公司使用的非GAAP财务指标与可比GAAP指标的对账,并解释了公司使用这些指标的原因。

电话会议和网络广播

今天下午5:30开始将举行电话会议和网络直播。ET,可以通过拨打1-877-682-6267或登录BlackBerry.com/Investors进入。电话会议的重播也将在晚上8点左右收看。ET,请拨打18005858567后输入会议ID#5177627,然后单击上面的链接。

关于黑莓

黑莓公司(纽约证券交易所市场代码:BB;多伦多证券交易所市场代码:BB)向世界各地的企业和政府提供智能安全软件和服务。该公司目前拥有超过5亿个终端,其中包括超过1.75亿辆上路的汽车。该公司总部位于安大略省滑铁卢,利用人工智能和机器学习在网络安全、安全和数据隐私解决方案领域提供创新解决方案,在终端安全管理、加密和嵌入式系统领域处于领先地位。黑莓的愿景很明确--确保一个可以信赖的互联未来。

黑莓手机。智能安全。到处都是。

欲了解更多信息,请访问BlackBerry.com并关注@BlackBerry。

投资者联系方式:

黑莓投资者关系

(519) 888-7465

邮箱:Investors_Relationship@Blackberry.com

媒体联系方式:

黑莓媒体关系

(519) 597-7273

邮箱:mediarelations.com@Blackberry.com

本新闻稿包含某些证券法定义的前瞻性陈述,包括根据1995年美国私人证券诉讼改革法和适用的加拿大证券法的前瞻性陈述,包括有关黑莓的计划、战略和目标的陈述,包括其实现长期盈利收入增长以及增加和增强其产品和服务的意图的陈述。

“预期”、“预期”、“估计”、“可能”、“将”、“应该”、“可能”、“打算”、“相信”、“目标”、“计划”等词语以及类似的表述旨在识别这些前瞻性陈述。前瞻性陈述基于BlackBerry根据其经验和对历史趋势、当前状况和预期未来发展的看法所作的估计和假设,以及BlackBerry认为在这种情况下合适的其他因素,包括但不限于,BlackBerry对其业务、战略、机会和前景的预期,新产品和服务的推出,总体经济状况,竞争,以及BlackBerry对其财务业绩的预期。许多因素可能导致黑莓的实际结果、业绩或成就与前瞻性陈述中表达或暗示的大不相同,包括但不限于与以下因素有关的风险:黑莓以具有竞争力的定价、功能和性能及时增强、开发、推出企业市场产品和服务或将其货币化的能力;黑莓保持或扩大其软件和服务客户群以增加收入或实现持续盈利的能力;黑莓面临的激烈竞争;发生或感觉到黑莓网络安全措施遭到破坏,或机密或个人信息被不当披露;黑莓解决方案未能或被认为未能检测或预防安全漏洞;新冠肺炎冠状病毒的爆发;黑莓继续吸引新员工的能力, 留住现有关键人员并有效管理人员配置;黑莓对与经销商和渠道合作伙伴关系的依赖;黑莓获得第三方软件使用权和使用开源软件的能力;未能保护黑莓的知识产权并从知识产权中赚取收入;对黑莓的诉讼;黑莓面临的重大资产风险,包括可能与其长期资产和商誉相关的费用;黑莓的负债;收购、剥离和其他业务举措;黑莓黑莓被发现侵犯了他人的知识产权;用户数据和个人信息的使用和管理;网络中断或其他业务中断;适用于黑莓产品和服务的政府法规,包括包含加密功能的产品;海外业务,包括外币波动;黑莓的供应商、分包商、渠道合作伙伴和代表未能使用可接受的道德商业做法或遵守适用法律;黑莓通过授权安全软件和服务或黑莓品牌到设备来创造收入和盈利的能力培育第三方应用开发商的生态系统;关于健康和安全、危险材料使用和冲突矿物的法规,以及产品认证风险;税收规定的变化, 通过新税法或承担额外税负;黑莓季度营收和经营业绩的波动;黑莓普通股市场价格的波动;以及不利的经济和地缘政治条件。

这些风险因素和其他与黑莓有关的内容在黑莓的10-K表格年度报告和黑莓MD&A的“关于前瞻性陈述的告诫”部分(这些报告的副本可以在www.sedar.com或www.sec.gov上获得)中有更详细的讨论。所有这些因素都应慎重考虑,读者不应过度依赖黑莓的前瞻性声明。任何前瞻性陈述都是为了使BlackBerry股东能够在做出此类陈述时从管理层的角度看待BlackBerry的预期业绩和前景,如上所述,这些陈述会受到所有前瞻性陈述固有的风险的影响,以及考虑到技术和黑莓业务战略的变化、不断变化的行业标准、激烈的竞争和较短的产品生命周期等特点,在预测黑莓未来时期(特别是较长时期)的财务业绩和业绩方面存在困难。除非适用法律要求,否则黑莓无意也没有义务更新或修改任何前瞻性陈述,无论是由于新信息、未来事件还是其他原因。


黑莓有限公司

(更多后续报道)道琼斯通讯社

2020年6月24日美国东部时间17:01(格林尼治标准时间21:01)

新闻稿:黑莓报告2021/2财年--


根据安大略省法律注册成立
(美元,不包括每股和每股金额,单位为百万美元)(未经审计)
截至2020年5月31日的三个月的综合营业报表2020年2月29日2019年5月31日
收入206元282元247元
销售成本63 70 70
毛利率143 212 177
毛利率%69.4%75.2%71.7%
操作
费用
研发57 60 71
销售、市场推广及行政管理90 113 121
摊销46 48 49
减损--5--
长期资产
商誉减值594 22--
债券公允价值调整15(28)788 253 213
营业亏损(645)(41)(36)
投资收益(亏损),净额--(1)3
所得税前亏损(645)(42)(33)
所得税(追讨)拨备(9)(1)2
净亏损$(636)$(41)$(35)
每股亏损
基本$(1.14)$(0.07)$(0.06)
稀释$(1.14)$(0.07)$(0.09)
加权平均
公用数
股份
杰出的
(000s)
基本版557,839 556,668 551,845
稀释557,839 556,668 612,345
已发行普通股总数(00S)555,623 554,199 547,922
黑莓有限公司
根据安大略省法律注册成立
(美元,百万美元)(未经审计)
截至2020年5月31日的综合资产负债表2020年2月29日
资产
电流
现金及现金等价物$312$377
短期投资562 532
应收账款,分别扣除13美元和9美元的备用金后的净额210 215
其他应收款20 14
应收所得税8 6
其他流动资产60 52 1,172 1,196
限制性现金和现金等价物48 49
长期投资33 32
其他长期资产57 65
经营租赁使用权资产,净额118 124
不动产、厂房和设备,净额66 70
商誉843 1,437
无形资产,净额878 915美元3,215美元3,888美元
负债
电流
应付帐款$46$31
应计负债185 202
应缴所得税12 18
债券599 606
递延收入,目前为249 264 1,091 1,121
递延收入,非当期92 109
经营租赁负债111 120
其他长期负债8 9 1,302 1,359
股东权益
股本和额外实收资本2,777 2,760
赤字(838)(198)
累积其他综合亏损(26)(33)1,913 2,529元3,215元3,888元
黑莓有限公司
根据安大略省法律注册成立
(美元,百万美元)(未经审计)
截至2020年5月31日的三个月合并现金流量表2019年5月31日
运营现金流
活动
净亏损$(636)$(35)
调整以调节净亏损
净化使用的现金
在经营活动中:
摊销50 53
递延所得税--2
股票薪酬13 17
商誉减值594--
债券公允价值调整1(28)
其他长期负债(1)--
经营租契(3)(5)
其他--2
营运资金净变动
项目
应收账款,净额1(30)
其他应收账款(6)(4)
应收所得税(2)--
其他资产--(9)
应付帐款15%1
应计负债(18)(57)
应付所得税(7)2
递延收入(32)27
用于经营活动的现金净额(31)(64)
投资现金流
活动
收购长期(1)--
投资
购置房产、厂房和设备(1)(2)
无形资产的取得(8)(7)
业务收购,扣除收购现金后的净额--2
收购短期投资(299)(392)
出售或到期短期投资的收益270 270
用于投资活动的现金净额(39)(129)
融资现金流
活动
发行普通股4 3
融资活动提供的现金净额4 3
外汇损失对现金、现金等价物、限制性现金和限制性现金等价物的影响--(1)
期间现金、现金等价物、限制性现金和限制性现金等价物净减少(66)(191)
现金、现金等价物、限制性现金和限制性现金等价物,期初426 582
现金、现金等价物、限制性现金和限制性现金等价物,期末$360$391
截至2020年5月31日2020年2月29日
现金及现金等价物$312$377
受限现金和现金等价物$48$49
短期投资562美元532美元
长期投资33元32元

非GAAP衡量标准与最接近的可比GAAP衡量标准的对账

在公司的内部报告中,管理层在非公认会计准则的基础上评估公司的业务表现,将以下项目的影响从公司的财务结果中剔除。本公司认为,剔除以下项目为本公司财务报表的读者提供了更一致的跨会计期间比较的基础,更有助于读者了解本公司的经营业绩和潜在的经营趋势。

请读者注意,调整后的收入、调整后的毛利率(税前)、调整后的毛利率百分比(税前)、调整后的营业费用、调整后的营业收入、调整后的EBITDA、调整后的营业收入利润率、调整后的EBITDA利润率、调整后的净收入(亏损)、调整后的每股收益(亏损)、调整后的研发费用、调整后的销售、营销和行政费用、调整后的摊销费用和自由现金流以及类似措施没有美国GAAP规定的任何标准化含义,因此不太可能与其他公司报告的同类措施相媲美这些非GAAP财务指标应在美国GAAP结果的背景下考虑。

将截至2020年5月31日和2019年5月31日的三个月的非基于GAAP的衡量标准与最直接可比的基于GAAP的衡量标准进行对账

(更多后续报道)道琼斯通讯社

2020年6月24日美国东部时间17:01(格林尼治标准时间21:01)

新闻稿:黑莓报告2021/3财年--

下表反映了截至2020年5月31日和2019年5月31日的三个月,最直接可比的美国GAAP财务指标与调整后的财务指标的对账情况:


截至2019年5月31日(2020-05-31)的三个月
百万美元)
收入206美元247美元
获得的软件递延收入(%1)8 20
调整后收入214美元267美元
毛利率$143$177
获得的软件递延收入(%1)8 20
重组费用--1
股票薪酬费用%2%1
调整后的毛利率$153$199
毛利率%69.4%71.7%
获得的软件递延收入(1)1.2%2.1%
重组费用--0.4%
股票薪酬费用0.9%-0.3%
调整后毛利率%71.5%74.5%
(1)请参阅《美国GAAP软件和服务对账》
收入与调整后的软件和服务收入之比

截至2020年5月31日和2019年5月31日的三个月的运营费用与调整后的运营费用的对账如下表所示:


截至2019年5月31日(2020-05-31)的三个月
百万美元)
运营费用788美元213美元
重组费用1--
股票薪酬费用12 16
债券公允价值调整1(28)
获得的软件递延佣金费用(3)(5)
收购无形资产摊销33 35
业务收购和集成成本--1
商誉减值费用594--
LLA减损费用
调整后的运营费用150美元194美元

下表反映了截至2020年5月31日和2019年5月31日的三个月的GAAP净亏损和GAAP每股基本亏损与调整后净收益和调整后基本每股收益的对账情况:


截至2020年5月31日的三个月2019年5月31日
结束(以百万为单位,
除Per外
股数)基本每股基本收益
净亏损$(636)$(1.14)$(35)$(0.06)
获得的软件递延收入8 20
重组费用1 1
股票薪酬费用14 17
债券公允价值调整1(28)
获得的软件递延佣金费用(3)(5)
收购无形资产摊销33 35
业务收购和集成成本--1
商誉减值594--
装药
收购估价免税额--(1)
调整后净收入$12$0.02$5$0.01

下表反映了截至2020年5月31日和2019年5月31日的三个月的美国GAAP软件和服务收入与调整后的软件和服务收入的对账情况:


截至2019年5月31日(2020-05-31)的三个月
百万美元)
软件和服务收入148美元168美元
获得的软件递延收入8 20
调整后的软件和服务收入156美元188美元

截至2020年5月31日和2019年5月31日的三个月,美国GAAP研发、销售、营销和管理以及摊销费用与调整后的研发、销售、营销和管理以及摊销费用的对账如下表所示:


截至2019年5月31日(2020-05-31)的三个月
百万美元)
研发费用57元71元
股票薪酬费用%3%3
调整后的研发费用54美元68美元
销售、营销和管理90美元121美元
重组费用1--
获得的软件递延佣金费用(3)(5)
股票薪酬费用9 13
业务收购和集成成本--1
调整后的销售、营销和行政管理83美元112美元
摊销$46$49
收购无形资产摊销33 35
调整后摊销$13$14

下表反映了截至2020年5月31日和2019年5月31日的三个月的调整后营业收入、调整后EBITDA、调整后营业收入利润率百分比和调整后EBITDA利润率百分比。


截至2019年5月31日(2020-05-31)的三个月
百万美元)
营业亏损$(645)$(36)
对运营的非GAAP调整
损失
获得的软件递延收入8 20
重组费用1 1
股票薪酬费用14 17
债券公允价值调整1(28)
获得的软件递延佣金费用(3)(5)
收购无形资产摊销33 35
业务收购和集成成本--1
商誉减值费用594--
营业亏损的非GAAP调整合计648 41
调整后营业收入3 5
摊销50 53
获得性无形资产摊销(33)(35)
调整后的EBITDA$20$23
调整后收入(以上每份)$214$267
调整后营业收入利润率%(1)1%2%
调整后的EBITDA利润率%(2)9%9%
(1)调整后营业收入利润率%为调整后营业收入除以调整后收入
(2)调整后的EBITDA利润率%通过除法计算
调整后的EBITDA(按调整后的收入计算)

查看原创内容以下载multimedia:http://www.prnewswire.com/news-releases/blackberry-reports-fiscal-2021-first-quarter-results-301083196.html

来源:黑莓有限公司

观看原创内容下载多媒体:http://www.newswire.ca/en/releases/archive/June2020/24/c6235.html


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2020年6月24日美国东部时间17:01(格林尼治标准时间21:01)

*DJ黑莓:黑莓QNX受到汽车和其他嵌入式行业宏观逆风的影响,但我们开始看到复苏的迹象。

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2020年6月24日美国东部时间17:03(格林尼治标准时间21:03)

*DJ黑莓第一季度包括5.94亿美元的商誉减值变化,主要用于Spark Unit>BB

(更多关注)道琼斯通讯社(212-416-2800)

2020年6月24日美国东部时间17:04(格林尼治标准时间21:04)

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