BlackBerry announces Q4 Fiscal 2015 Results |

Q4 Highlights

Normalized positive cash flow of $76 million in the quarter, reversing normalized cash use of ($784) million in Q4 FY14

Cash and investments balance of $3.27 billion at the end of the fiscal quarter, an increase of $608 million over Q4 FY14 and matching the highest balance in company history

Non-GAAP earnings of $0.04 per share, reversing a loss per share of ($0.08) in Q4 FY14

Non-GAAP operating income of $2 million reversing an operating loss of ($156) million in Q4 FY14

Non-GAAP gross margin of 48.3% and GAAP gross margin of 48.2%, with a third consecutive quarter of positive hardware gross margin

Software revenue of $67 million, a 20% increase over Q4 FY14

Announced a partnership with Google to support Android for Work

Launched the BlackBerry Classic in December, with support for the Classic and the previously-released Passport by major carriers, including Telus, Bell, Rogers, AT&T, Verizon, Vodafone and Orange

Completed the acquisition of Secusmart, a leader in high-security voice and text encryption

After the quarter at Mobile World Congress, announced the full-touch BlackBerry Leap and unveiled the upcoming BlackBerry device portfolio

Also at Mobile World Congress, announced the BlackBerry Experience Suite software portfolio that brings BlackBerry’s productivity, communication, collaboration and security across all smartphone and tablets running – iOS®, Android™, and Windows®

Other product announcements at Mobile World Congress included BES 12 Cloud, integration of WorkLife and SecuSUITE with Samsung KNOX, and Vodafone Germany’s rollout of Secusmart technology

“Our focus this past year was on getting our financial house in order while creating a multi-year growth strategy and investing in our product portfolio. We now have a very good handle on our margins, and our product roadmaps have been well received,” said Executive Chairman and CEO John Chen. “The second half of our turnaround focuses on stabilization of revenue with sustainable profitability and cash generation.”

via BlackBerry announces Q4 Fiscal 2015 Results |

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