“Our workforce restructuring is now complete, and we are focusing on revenue growth with judicious investments to further our leadership position in enterprise mobility and security, driving us towards non-GAAP profitability,” Chen added.
The company reported a net loss of $207 million, for the quarter compared with a prior year loss of $965 million, on revenue of $916 million, down from $1.57 billion.
The revenue split was 46 per cent hardware, 46 per cent services, and eight per cent software and other revenue.
During the quarter, 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, the company said in a statement.
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 30 August 2014 was $3.1 billion. The company spent $36 million during the quarter, excluding receipts of $47 million related to “non-strategic operations” during the period.
The company reported a net loss of $207 million, for the quarter compared with a prior year loss of $965 million, on revenue of $916 million, down from $1.57 billion.
The revenue split was 46 per cent hardware, 46 per cent services, and eight per cent software and other revenue.
During the quarter, 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, the company said in a statement.
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 30 August 2014 was $3.1 billion. The company spent $36 million during the quarter, excluding receipts of $47 million related to “non-strategic operations” during the period.
Culled from www.thisdaylive.com
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