UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38232 ______________________________________________________ BlackBerry Limited (Exact name of registrant as spec ...

财务数据和关键指标变化 - 总收入为1.45亿美元,超出了上一季度提供的指引范围上限 [20] - 总毛利率为66%,与去年同期持平 [20] - 非GAAP经营亏损为400万美元,非GAAP EBITDA实现了盈亏平衡 [21][22] - 非GAAP每股收益实现了盈亏平衡,超出了预期 [22] - 经营现金流用量较去年同期改善4300万美元,前6个月改善1亿美元 [22] 各条业务线数据和关键指标变化 IoT业务 - 收入为5500万美元,同比增长12%,环比增长4%,超出了上限指引 [7] - 毛利率环比提升1个百分点至82%,主要受益于产品组合的改善 [7] - 生产型版税收入同比和环比均有所增长,这部分收入占比较大 [7] - 开发座席收入仍然较为疲软,受到汽车制造商软件开发项目延迟的影响 [8] - 获得了多个大型ADAS和数字座舱设计wins [9][10] - 推出了新一代QNX SDP 8.0平台,获得了多个设计wins [10] - 推出了QNX Sound软件定义声学平台,获得了HaleyTek的设计win [11] - 正在与多家汽车制造商合作开发基于云的数字孪生产品 [11] - 正在加强在通用嵌入式市场的销售力度 [12] - IVY项目受到汽车制造商软件开发延迟的影响,短期内不太可能贡献重大收入 [12] 网络安全业务 - 收入为8700万美元,同比增长10%,超出了上限指引 [13] - UEM、AtHoc和Secusmart三大产品线均实现了同比增长 [13] - UEM业务在政府和金融服务行业保持优势,续约和扩展了多个政府客户 [14] - AtHoc业务续约率接近100%,在美国联邦政府部门部署广泛 [15] - Secusmart业务在德国政府客户中表现良好,软件单独销售也有所进展 [16] - Cylance产品业务受到竞争压力,但托管服务业务有所增长,抵消了部分下滑 [17] - 年度经常性收入(ARR)保持稳定,客户续订率(DBNRR)环比和同比均有所改善 [18] 公司战略和发展方向及行业竞争 - 公司正在整合IVY项目的销售和研发团队到QNX核心团队,以提高效率 [12][13] - 公司正在加强在通用嵌入式市场的销售力度,以拓展业务增长空间 [12] - 公司正在持续优化成本结构,第二季度营业费用同比下降24% [21] - 公司正在进一步优化组织架构和IT系统,以提高运营效率 [40-43] - 公司正在密切关注中国汽车软硬件禁令的发展,作为加拿大公司可能处于相对中立地位 [49-51] - 公司认为汽车软件开发延迟只是时间问题,长期趋势仍然向好 [52-53] 管理层对经营环境和未来前景的评论 - 公司在IoT和网络安全两大业务线均实现了良好的收入增长和盈利改善 [6][13] - 公司通过持续优化成本结构,已经提前实现了盈亏平衡的目标 [6][21-22] - 公司现金流用量的改善超出预期,显示公司正在朝着正现金流和EBITDA盈利的方向发展 [22,24] - 公司对未来保持谨慎乐观,预计第三季度收入和盈利将继续改善 [23-24] - 公司将在10月16日的投资者日上提供更多关于业务分部盈利能力和未来3年展望的信息 [45,67] 问答环节重要的提问和回答 问题1 **Kingsley Crane 提问** QNX Containers和HaleyTek集成对业务的机会有多大 [28] **Tim Foote 回答** 容器技术是TAM扩展的一部分,QNX正在向云端发展,容器是自然的技术演进 [30-31] HaleyTek采用QNX Sound是QNX向车载系统增加更多内容的一个例子 [31] 问题2 **Luke Junk 提问** EBITDA提前实现盈亏平衡,为何全年指引维持在0-1000万美元 [35] **Tim Foote 回答** 公司保持谨慎态度,预计第三季度和第四季度EBITDA将继续环比改善 [36] 问题3 **Daniel Chan 提问** 中国汽车软硬件禁令对公司的潜在影响 [49] **Tim Foote 回答** 公司地域和行业多元化,作为加拿大公司处于相对中立地位,但仍在密切关注 [50-51]

财务表现 - 公司实现了调整后EBITDA和非GAAP每股收益的盈亏平衡[2] - 非GAAP每股收益同比改善4美分至盈亏平衡,GAAP每股亏损同比改善4美分至3美分[4] - 调整后EBITDA同比改善2200万美元至盈亏平衡[4] - 公司调整后EBITDA为-1800万美元[27] - 公司三个月期间的调整后EBITDA为0美元,较上年同期增加2200万美元[32] - 公司六个月期间的调整后EBITDA为-700万美元,较上年同期减少3600万美元[39] 现金流 - 经营现金使用超出预期,同比改善4300万美元[5] - 现金、现金等价物和投资总额为2.65亿美元,经营现金使用同比改善4300万美元至1300万美元[5] - 公司经营活动产生的现金流出为2800万美元[22] - 公司自由现金流为-2800万美元[22] - 公司三个月期间的自由现金流为-1500万美元,较上年同期增加4200万美元[41] 收入与毛利 - IoT和网络安全业务收入同比双位数增长,IoT业务全年指引下限有所提升[4] - 网络安全业务年度经常性收入保持平稳,续费率同比和环比连续第四个季度提升7个百分点至88%[4] - 授权收入为300万美元[4] - 公司总收入为1.45亿美元,其中网络安全业务收入8700万美元,物联网业务收入5500万美元,许可业务收入300万美元[23][24][26] - 公司总毛利为9400万美元,毛利率为64.8%,调整后毛利为9500万美元,调整后毛利率为65.5%[28] - 公司三个月期间的收入为1.45亿美元,较上年同期增加1300万美元[32] - 公司六个月期间的收入为2.89亿美元,较上年同期减少2.16亿美元[39] 费用 - 公司研发、销售及市场推广、一般及行政费用合计为1.15亿美元[24] - 公司三个月期间的营业亏损为2100万美元,较上年同期减少5300万美元[32] - 公司三个月期间的调整后营业亏损为400万美元,较上年同期减少2400万美元[32] - 公司六个月期间的调整后营业亏损为1600万美元,较上年同期增加2300万美元[39] 产品与业务 - 推出基于开放XDR平台的CylanceMDR Pro托管检测和响应服务,CylanceENDPOINT被评为2024年终端保护平台客户之选[6] - 公司发布了新的网络安全和物联网产品[23][24] 财务状况 - 公司现金及现金等价物为1.71亿美元,短期投资4000万美元,长期投资3700万美元[20] - 公司资产总额为12.99亿美元,负债总额为5.67亿美元,股东权益为7.32亿美元[20] - 公司净亏损为6100万美元[22]

Chris Lau is an individual investor and economist with 30 years of experience covering life science, technology, and dividend-growth income stocks. He has degrees in Microbiology and Economics. Chris runs the investing group DIY Value Investing where he shares his top stock picks of undervalued stocks with catalysts for upside, dividend-income recommendations with quant and payment calendar tracking, high upside plays, and research requests to help you become a better do-it-yourself investor. Learn more.Top ...

BlackBerry Limited (BB) is scheduled to report second-quarter fiscal 2025 results on Sept. 26.The Zacks Consensus Estimate is pegged at a loss of 3 cents per share, unchanged in the past 60 days. The company reported a loss per share of 4 cents in the prior-year quarter.In the last reported quarter, BB’s adjusted loss per share of 3 cents was narrower than the company’s estimate of a loss of 4-6 cents. It reported non-GAAP earnings of 6 cents per share in the year-ago quarter. The Zacks Consensus Estimate w ...

BlackBerry (BB) closed the latest trading day at $2.38, indicating a -1.65% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.19%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq lost 0.36%.Shares of the cybersecurity software and services company witnessed a gain of 2.11% over the previous month, beating the performance of the Computer and Technology sector with its loss of 0.09% and the S&P 500's gain of 2.06%.The investment community will be paying cl ...

BlackBerry (BB) closed the most recent trading day at $2.42, moving +1.68% from the previous trading session. The stock lagged the S&P 500's daily gain of 1.7%. At the same time, the Dow added 1.26%, and the tech-heavy Nasdaq gained 2.51%.The cybersecurity software and services company's shares have seen a decrease of 2.06% over the last month, not keeping up with the Computer and Technology sector's loss of 1.45% and the S&P 500's gain of 1.27%.Analysts and investors alike will be keeping a close eye on th ...

BlackBerry Limited (BB) has enhanced its trusted QNX OS for Safety by introducing a unique POSIX-compliant filesystem that includes integrity checking. This addition offers original equipment manufacturers (OEM) and other embedded software providers an extra layer of validation for developing safety-critical systems. This solution is now available as part of the QNX OS for Safety 2.2.3 release.Certified to ISO 26262 ASIL B, the functional safety standard for the automotive industry, the QNX Filesystem for S ...

The latest trading session saw BlackBerry (BB) ending at $2.48, denoting a +0.4% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.54%. Elsewhere, the Dow saw an upswing of 0.72%, while the tech-heavy Nasdaq appreciated by 0.65%.Coming into today, shares of the cybersecurity software and services company had gained 6.01% in the past month. In that same time, the Computer and Technology sector gained 3.3%, while the S&P 500 gained 4.86%.Market participants ...

BlackBerry (BB) closed the most recent trading day at $2.38, moving +1.28% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.45% for the day. Elsewhere, the Dow lost 0.23%, while the tech-heavy Nasdaq added 0.84%.Shares of the cybersecurity software and services company witnessed a gain of 8.8% over the previous month, beating the performance of the Computer and Technology sector with its loss of 0.98% and the S&P 500's gain of 2.54%.Market participants will be ...