- Non-GAAP total software and services revenue of $193 million, up 14% year-over-year; GAAP total software and services revenue of $189 million, up 18% year-over-year
- Total software and services billings grew double-digits from the prior year period
- Recurring software and services revenue of 86%
WATERLOO, Ontario, June 22, 2018 (GLOBE NEWSWIRE) -- In a press release published today by BlackBerry Limited (:BB) (TSX:BB), please note that the date in the second column header of the Consolidated Balance Sheets table should be February 28, 2018 instead of May 31, 2018. The corrected table follows.
| BlackBerry Limited | |||||||
| Incorporated under the Laws of Ontario | |||||||
| (United States dollars, in millions) (unaudited) | |||||||
| Consolidated Balance Sheets | |||||||
| As at | |||||||
| May 31, 2018 | February 28, 2018 | ||||||
| Assets | |||||||
| Current | |||||||
| Cash and cash equivalents | $ | 520 | $ | 816 | |||
| Short-term investments | 1,725 | 1,443 | |||||
| Accounts receivable, net | 126 | 151 | |||||
| Other receivables | 63 | 71 | |||||
| Income taxes receivable | 17 | 26 | |||||
| Other current assets | 56 | 38 | |||||
| 2,507 | 2,545 | ||||||
| Restricted cash and cash equivalents | 35 | 39 | |||||
| Long-term investments | 55 | 55 | |||||
| Other long-term assets | 30 | 28 | |||||
| Deferred income tax assets | 2 | 3 | |||||
| Property, plant and equipment, net | 64 | 64 | |||||
| Goodwill | 566 | 569 | |||||
| Intangible assets, net | 447 | 477 | |||||
| $ | 3,706 | $ | 3,780 | ||||
| Liabilities Current | |||||||
| Accounts payable | $ | 37 | $ | 46 | |||
| Accrued liabilities | 162 | 205 | |||||
| Income taxes payable | 19 | 18 | |||||
| Deferred revenue, current | 166 | 142 | |||||
| 384 | 411 | ||||||
| Deferred revenue, non-current | 111 | 53 | |||||
| Other long-term liabilities | 20 | 23 | |||||
| Long-term debt | 810 | 782 | |||||
| Deferred income tax liabilities | 5 | 6 | |||||
| 1,330 | 1,275 | ||||||
| Shareholders’ equity | |||||||
| Capital stock and additional paid-in capital | 2,580 | 2,560 | |||||
| Deficit | (185 | ) | (45) | ||||
| Accumulated other comprehensive loss | (19 | ) | (10) | ||||
| 2,376 | 2,505 | ||||||
| $ | 3,706 | $ | 3,780 | ||||
Investor Contact:
BlackBerry Investor Relations
+1-519-888-7465
[email protected]
Media Contact:
BlackBerry Media Relations
(519) 597-7273
[email protected]
