BB.TO - Earnings call 4 2023 | BlackBerry Limited

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Operator

Good afternoon, and welcome to the BlackBerry Fourth Quarter and Full Fiscal Year 2023 Results Conference Call. My name is Jason, and I will be your conference moderator for today's call. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes.

I would now like to turn today's call over to Tim Foote, Vice President of BlackBerry Investor Relations. Please go ahead.

Tim Foote

Jason. you, Thank welcome Year and Fourth and Quarter Good Earnings to Conference Fiscal XXXX Call. Full afternoon, BlackBerry's With me Officer, on Chief the call today are John and Executive Executive Chen; Chief Rai. Financial Steve Officer, Chair and a our read review forward-looking will Steve note After business results. I and cautionary update financial statements, regarding John provide the will

the a then brief We session. open will Q&A call for

will on Information public via webcast and BlackBerry.com call This section BlackBerry.com. call-in at via is available available to numbers also A website. replay the the the Investor be general in

Some of believe be words U.S. using indicate we'll similar and provisions the statements statements will and making by intend, applicable forward-looking the safe such expressions. today as are and of to laws, statements constitute Canadian expect, securities made will, pursuant forward-looking model, harbor should,

factors made as based company believes the other perception of company statements. relevant. Forward-looking in and on the forward-looking of experience and to expressed the by could or company's assumptions conditions the discussed well are developments factors filings or the implied current that and estimates expected and from performance annual by actual differ its risk are materially are future results factors MD&A. as historical its light in that those Many include statements These factors trends, the company's cause

obligation as no should law. today, undertakes and by on undue Any has them, update the only intention except reliance are any not of and made of required place forward-looking the You company's or forward-looking statements as statements. no revise company to

summary full our and during reference customary numbers will year of in quarterly is call, our John and Steve As the results. non-GAAP

EDGAR, see on GAAP press and For today, published and websites. earnings a the the BlackBerry.com which release is reconciliation non-GAAP numbers, earlier our please available SEDAR between

with And call John. I'll to turn the over that,

John Chen

thanks and the afternoon, today. joining Thanks, Tim. call everybody, for Good

my today the Let IoT business me start with unit. review

growth to year. time good with for range year year. in is strong $XXX challenging a revenue line a Despite provided backlog has out record the million. macro the royalty been last design with this IoT XX% QNX BlackBerry This from year closed This wins. year-over-year a new has outlook very environment, adding we

at $XXX record In X-X-X. end 'XX a of high backlog the has of new million, to grown fact, fiscal

will in which QX rather in-depth we discussion this enable QX our happens Day, report a forward, to Going in in annually during May. than Analyst typically more

and more evidence QNX for our move trends. The off. and QNX. tangible strong The secular powerful more software paying yet is on high-performance, really significant result towards executing opening strategy opportunities up IoT running capitalizing is that The chipsets, business for is on is safety-critical

In addition licenses to revenue generating delivered new strong royalty services. revenue Furthermore, in well QX, is, as development design X-X. gross margin, near-record XX% wins business drove preproduction for as a professional that backlog, the IoT the also unit levels from

XX total In is quarter, of perform auto QNX we GEM. digital the auto in a with domains. wins, and domain. the new winning multiple to fast-growing particular, cockpit we design X In XX ADAS in the well continue in secured and in

high-performance safety towards Example it. in capitalizing South real-time Labs software a and plant Medical There quarter, industrials application. among medical trends is critical and for with power also addition nuclear controllers this treatment and Doosan making transition, the win industrial a are for units. control conveyor are with Abbott including verticals the Korea a Vascular stroke Honeywell we also for on of adjacent with robotic analyzer auto, Corindus the see In for and wins at to this verticals, QNX similar edge. number

CES with successful that This happened and leading with significant Some in and team interest was of virtually MotorTrend. call across the brought on you either event very for January. from may the was a today OEMs person awards also we or key us. CES, have with the best together meetings joined brightest At software celebrated event for the us and in Xs. This Tier This the a industry. at and development vehicle event innovation auto co-hosted marketing software-defined in first

our that has AWS is community RTOS was the accessing the major QNX to QNX cloud through around AWS of GEM both with in hardware. available the This locations announcements positive, auto at The physical Marketplace. of from the need developers the One world. QNX reach initial CES the eliminates and and extends developer now response for been

to IVY. move Let me now

step This the forward significant announcing design first quarter, with IVY, we made win. a

trials, in BlackBerry of X includes supplier, leading China's VOYAH selected Tier to cockpit from of PoC vehicles. one successful Dongfeng, range Following run their IVY solution That PATEO. automakers, a electric digital

the Graviton. There At new the Not the PATEO prominently interest feature CES proof-of-concept the Grand IVY. AWS featured for running running in interest also X was AWS available the at IVY commercially at Overall, booth. live booth, IVY demonstrated Bosch, it was only on in an and Jeep CES, potential generated IVY significant including team strong important Cherokee was seeing trials of BlackBerry particularly booth. for platforms, the

Product in development availability an GA, we This at that remains May. general targeting CES, this we're is is, step in PoC important as go-to-market on the track. the announced IVY efforts. scaling the And and GA release

The ecosystem is developing IVY also well.

was Electra part investment, win. design smart One as our a Vehicles, the IVY included battery of application, of successfully IVY first fund management

driver and that specializing This IDrive quarter, driver IDrive. safety fleet fleet monitoring a leverage in to improve AI-powered to called data we plans sensor at aimed IVY customers California-based technology partner efficiency. a is added company

XX remain by XX million to supply that X% in XXXX XXXX, the to although this production outlook increase vehicles. Global bit. for the around in key to challenges fiscal for is our to for they me supply which now driver the Headwinds appear revenue, to turn auto year. production, around is macro a a the the vehicles royalty million is light-vehicle pandemic this production below easing expected from both chain chain will prior Despite improvement, and Let and be well coming difficulties. persist, environment

IoT for in at to is revenue and growth the translates We year new this for as in royalties. industry-wide to challenges, Even the with This strong our year-on-year growth be $XXX to million of these combination XX% $XXX with we fiscal expect coming in as range from given growth BlackBerry million. this from line Day last an design a in uptick momentum see wins outlook ongoing May. well of both Analyst and XX%

the anticipated of the half. design timing the Given second wins see year, we throughout to largely the weighted growth

to for be $XX QX the $XX We to expect million. range revenue of million in

$XXX unit. to net the rate quarter XX%. dollar-based And was $XX Turning cybersecurity $XXX million. retention now XX%. the sequentially consecutive to million. was was Billing quarter margin increased for was Revenue third million. for Gross the the business ARR

quarter of large a the saw of those sales and challenging consider we deals we was and later In number particular, vertical deals lost, this rather key This additional don't layers delayed. elongation saw quarters, government an for with of deals into reviews. approval in closing a in space. slip We cycle

the of included quarter's Given this mostly significant. in-quarter impact was that mix these product the deals revenue perpetual licenses, on

from However, verticals, for the cyber nongovernment we strong growth including quarter. saw services, financial third billings other billing consecutive increase overall

having effective as You the is but Cylance SMB see strong this that as our that feedback we may well customers, from space. in mid-market turnkey learned opportunity recently that recall products simple wins we outlined new From designed product for year headline: market our the a and needs be to are more security. offerings and key scaling complexity. business. deliver simpler the These less launched this we've under more X use, security, offerings to to Therefore, productized the cost to new leading-edge effective we according

with into Endpoint X that augments also products intuitive, alert. our available first our The one easy-to-use, major a This includes addition machine through of overhaul. suite as combines together Endpoint product is console brings engine, Cylance experience the data is alert and along the a product MDR. leverages AI CylanceGUARD The of managed that user Cylance and source for Cylance learning cost-effective new simple, solution. Endpoint battle-hardened prioritized service XDR

product second as users how to is connects The as securely and visibility Customers well stored gain Cylance and are box. a effortlessly SaaS can of cloud-based access their work shared. application sensitive right Edge, out securely the into product data that

guide highlight channels, response to communication exciting e-mails, of compromised. like development AtHoc communications an with is competitors. management if our differentiation unified into point integrated service provide crisis I'd of third We critical are managed event versus BlackBerry The that even our cyber like to

at provide and detail this will more Francisco demonstrate significantly San in next tuned. product RSA new We please stay so month,

a were when announced provide. right review demonstrated quadrant this based UEM. of delighted Receiving UEM BlackBerry in only that vendor deployment, Gartner performance recognition only that world We support. now the a the on to the in some the security-conscious customers of BlackBerry capabilities for and can was by of level Turning top voted most customers

concerns given return In corporate and we're lack of a from devices the market, the control. to seeing around security tailwind issue

competitive product One UEM to key driving the advantage this in where most but particularly our unable the verticals as go-to well, privacy Microsoft Intune all BlackBerry solution secure block is apps BlackBerry can. risk or presented that customer For other interest. this transition, across a security specific making seen is and market, services in is in see we financial for a devices as that

we new the the government integrate the quarter. first mobile document standards. meets signing This to vigorous being the security industry On product in includes for announced development Adobe on Manager, with a Experience front, that feature secure enabling this the UEM

government, India. Bank Netherlands services Among of of especially government secured Human able government, the Health those the in Bank the quarter. Air regulated Bank of leading center, Australian name National U.S. In SSC-ICT, with vertical, Bank, Italy, the our include Once Department Department government the we're and again, the Swiss Ameritrade, Treasury, America, of service wins and TD Bank U.S. Deutsche shared customers we the Scottish to sales Force, and Services. core financial our and this of

outlook Cyber for Turning the to now BU. the

billings allowing of the in million. expect million of an XX% to between to Correspondingly, and million year $XXX such the be X% to range as $XXX $XXX backdrop, fiscal we be revenue we in increase to range coming the expect of million, For to the year-over-year. factors, macroeconomic $XXX

For range QX, million we the increase to expect million. $XXX and $XXX sequentially in the be to of revenue

in a which year. fiscal sequential fiscal is the to of second growth. return in to to expect we past indicator revenue this we quarter, return a case the exceed the was half to Furthermore, ARR billings growth revenue expect of As leading to this strong continue year,

$XXX expertise combination with to for million. to KPI, team deal of is potential and as in Last Innovations we brings Moving closing were future to the of profits agreement the from licensing. at BlackBerry now receive overall with the royalties share and whose announce up patents the of will week, for Ireland, a Patent significant patent value generated cash and, BlackBerry. sale Key pleased portfolio. experience value it, for the maximizing based the

assets in they KPI and investment billion U.S.-based all Importantly, no with under condition fundings have their has financing management. than the agreement more leading a secured from with firm $XX

deal would meaningfully overall patents have Adding sold of all approximately Catapult existing as under been as keeping contracts. the that X,XXX will to with the retain value, Considering revenue-generating BlackBerry well transaction BlackBerry previous our all shareholders. factors, and execute, this have these and deal especially the outcome therefore assessed best be for level certainty we a the ability consider of higher value overall to to

transaction is and expect to The regulatory it QX. we approval standard the to in subject close

remaining we to of the Following the leverage plan patents. to completion third-parties the sale, opportunistically monetize

is take time ramp likely However, to this to up. some

So sale $X to the this is approximately revenue, excluding quarter proceeds per from million patent fiscal be year. expected

patent not related million deals. have portfolio. we on revenues to no is a In impact the quarter, the result recognized our and new of net past agreements These revenue of sale $XX patent of as

to Let me on the more Steve call financials. over our for now turn details

Steve Rai

Thank you, John.

fourth in As otherwise non-GAAP will noted. our usual, terms on the performance quarter comments unless for financial my be

$XXX company cybersecurity Total revenue and million was $XX was the revenue IoT million, revenue for $XX quarter million. was

of XX% delay The the was revenue revenue percentage and of range deals to the that in mainly John of was large and the around Licensing Software $XX increased product percentage services a of product total revenue recurring revenue XX%, earlier. some perpetual professional balance. XX% software remained mentioned up to as made other that million. given

debentures, convertible gross per amortization including and These of compensation fourth accounting a expenses fair for expenses and value reporting a assets million non-GAAP result facilities in unit. million costs, $XX on noncash of were of $X $XXX steps to as margin the million quarter million. stock goodwill This operating was exclude restructuring $X.XX Spark in company expenses XX%. a share. infrastructure. $XXX $XX gain to Operating $X in acquired million and also intangibles, Non-GAAP in expense Total the operating noncash taken charge earnings expenses the IT for long-lived of impairment streamline the represents exclude GAAP million quarter

reporting determining to the to year-on-year, date same by impairment the with had BlackBerry's perform reconcile broad-based declined all at Further in we accordance units, required is value In required similar be period. our decline capitalization. will our rules, for review test accounting over the disclosed the total to a details which market a Form market through our capitalization were fair goodwill XX-K. market of

loss for was $X.XX The $XX and share million. million. excluding previously operating Adjusted $XX $XX non-GAAP beat loss the The quarter adjustments per was mentioned, million for the non-GAAP quarter fourth non-GAAP loss net negative non-GAAP expectations. the was basic EBITDA,

we cash cash Total this February XX, and and flow $X million. free were million driving the focused cash be profitable coming investments positive. equivalents $XXX will both on usage quarter as at fiscal to XXXX, in being cash, year, and In towards reduced growth

high of In continue visibility our IoT for we level business, we invest the given relatively have growth. will to

operating deliver of The clear is flow a for plan a and On both and for year outlook cyber EPS coming cash the the loss usage. margin identified we significantly margin. side, to gross have expansion lower

comments, my concludes to I'll back John. and it That turn

John Chen

Thank you, Steve.

Before the the for recap message we open quarter. Q&A, let the key me line on from

strong a headwinds, year and year. we macroeconomics was royalty chain revenue still supply of for expect backlog fiscal this with And we This We growth quarter enter 'XX momentum. approximately BlackBerry XX% face FY a design although for significant IoT. QNX and coming record

The to this in sales slip Cyber quarter business government, deals causing by unit large quarters. number a later was of to elongated impacted cycle

third business sequential nongovernment the growth However, consecutive drove for billing the quarter.

for unit to the revenue deliver approximately ARR the XX% fiscal for billings in approximately to year to growth and Cybersecurity retaining expect finally, enter agreement growth business of return also into We this of and X% growth sequential sell And to patent funded million fully half. while existing revenue and portfolio to the second we up patents noncore $XXX a more retaining contracts.

can Jason, remarks. Q&A? my please for open concludes the That you line

Operator

Junk [Operator Baird. Instructions] Our comes from first question from Luke

Luke Junk

the this operating were with cybersecurity, to respect plan so margin of start, just actions able down out could in of you could OpEx the margin deliver extend stack quarter, And envision you're and what that cost take cost where maybe to hoping already looking some on forward, on. you to gross especially specific sequentially. if you To focused please areas to expansion, speak and P&L you

John Chen

Okay.

base margin is in quite to put mostly pricing operating Shifting some people hiring margin a quarter, people been in discounting those for improving a lower the have focusing in areas, this more and on so also And We And way just time. than gross one of of place. see more hiring we little of past particularly the costs for doing attrition. some and Cyber in business results. area, cost more replacement that, area, expensive been bit in certainly a on disciplined has the

And new where of So we a that also able the plan costs do done another to we've for by calls aspect continue then our is And to large, year. do the lot. can. balance it. year, And that. and were fiscal of costs G&A Facility the to reduced we we

concerted very a it's areas, effort. different many So

is focusing still XXX-some this now, perspective, I unit And focusing exempt assuming IoT if from are have they an on the or the they're been think growth. year, hire on that, just could going candidates. this From they right to see. we Let's that people has

how So allocate spending. are kind those capital of we and

Luke Junk

auto, Very then IoT and in the take follow-up, my helpful. in bigger and about hoping And talk for back a to specifically. step just picture

from forward here. on Just market the that perspective of love going your to focus get

speak And urgency, prevalence right you of software where OEMs especially One centralized year in ultimately an customers increasing for software-forward implications which CES terms a has Can out trying the at figure in architectures, just auto auto? is now finding was clearest for very walking software-defined think software? and of floor this the the takeaways of your vehicles. clear an do you also readiness to sense there to future in you're their auto of increase

John Chen

Yes, so. much Yes. very

we think customers have you everything. also. and learning said I It's what with consistent from been analysts

approach. software-defined And to perspective. OEMs. vehicle, strong a So need all mean from investment the safety and SDG, foundational the it have of you talked software each and They need I a they they in

themselves, years have to with very they there we, course, force these are decided A foundational and attempted And were do with us and And to of software us large all couple of big back, the directly. who the number work a of welcome partnership. names. OEMs join

win want look but I if and our jinx So extremely it's at don't rate, it, you high. to extremely,

wins think XX% to our popular or all very fact, wins cockpit, ADAS team products then to and out I In to that, out there the of hypervisors, And there deals like related usage that. are out there. in something addition our related

lot then also And say we're strong beyond to of I auto, a wanted interest. seeing also

multi-core the and And technology processing in As stuff. need need pushing is they good multi-processing, all company they I chip said safety a script, and parallel that and all hypervisor. my

very seem strong we have track the eyes so to And record the customer. of good a in

we're pretty that going at to least comfortable the growth for I'm see So continued future. immediate

Operator

question comes Securities. TD from Our next Daniel Chan from

Daniel Chan

remaining them looking more the monetizing expect patents? looking standards should faster, we to central you're to you're it to when them, If broadly out? you to are they're license them? are looking sell Or patents, considering license you of licensed, be

John Chen

It's Yes. licensing.

patent other networking So in groups now patents. mobile group related patents. the is is and the patent, mobile X is and the the phones transaction remaining embedded done. the once is the group And cybersecurity One

we but decided down former, we latter, we through some bit will and not selling interested an be a licensing will people, to to third-party little in probably, it's active monetize And be in So the haven't will some. course, And we yet. the overall plan always cases, by patent the going process. trim probably really the of

Daniel Chan

November until this Okay. to around the year. the time extended Board years John, this ago, X And company lead then, arrangement your

us as get wondering what we plans to closer November. share are Just with whether your can you

John Chen

conversation We and the the Board. started me no. between No,

point. don't report at have on to this So that. We anything stay tuned

Operator

from Mike comes Walkley Our from next Canaccord. question

T. Michael Walkley

little John, business? competition Cybersecurity to hear to year? more more is you want that and to with the just that talk in that side, and second And simplified implemented, business. confidence ARR of and dig giving this responses. returning you about approach new managed growth It's the that how within half get on you great SMB We the quickly a approach, into Can hear, bit have more. you in

John Chen

question. Good

So lot competition. a of there's

security, b, team, hear big; kind the I good think The all is own the to normally. you lack in ability they cybersecurity the SMB. for have companies market their and security different of thing about folks SMB gun a, the

certain MDR are to very this they So that set And they is could put themselves help to this it streamlining use them they solution, us they level sure don't or our are solution. very our Either of or product need Guard use capability receptive a use in knowledge turnkey then it. they to popular. it we now before just But make use. to have to

heard it, key all of already from You players. most sure, I'm the

market is the The big. good It's growing. news is

of cybersecurity space I lot given there's seriously think the and world a a world for looks like. quite SMBs, this the replacement take because lot first there's first like prior what they of the trend And investment time, white the the technology, of generation. for looks to ransom have of

combination, but the big, is with agree the that. fierce, would is too. So I with market that competition

T. Michael Walkley

a SMBs for. yes, helpful. That's think is the simplified And I what really are looking approach

some large update And you on follow-up just into on of to to question, of type kind maybe churning the as on kind wanted ARR where of the Just little that UEM, customers you growing that UEM cybersecurity, as business? focus a us can outside is government digging my more deals. you life off end more stable is

John Chen

level which of some sign, a is couple last the stable, ARR and business in the quarters. comfort. has UEM good of is us gives Yes.

Operator

from RBC Our from Markets. Capital comes next question Treiber Paul

Paul Treiber

speak of base, the topic Just since large you which could cybersecurity, seen UEM you've into on to the cross-selling traction cyber is predominantly enterprise? we're that of

John Chen

Yes.

point. our Let's hand, Cylance names. at upsell. say typically some see because base very would I but other some so this has is see. that And We large the there But not UEM but UES, very promising our typically it's been high base, volume I dominant not wouldn't -- our on SMB. is

to is that will have and McAfee this something go the we're do. base. we Trend the And and go going to the after However, Micro mostly, Symantec

Paul Treiber

the And that? you Is it what been it challenge? fundamentally us Can has understand it help sales? pricing? Is better product? Is

John Chen

X Yes, was product. years it ago, the

else. was not snuff Our everybody to as EDR up as

better world have but both. EPP, We the wants

from we that. So slipped

more is our what product really competitive now it's could back mode. Now And on we in leverage create.

things model model differentiated our OEM some the AI offline have on and and and the We all Cylance and the mode based lightweight that.

strong at really a reasons to So use. we and have take customers some for look

we sales the better indirect traction But side. need in

year, that We deals. comfortable Then there. Our that And building feel years better. in is we so third-party and plan. way need And we #X direct focus plus, engage X.X with leverage. could the get salespeople, now only do the after year's last need more the productivity to that's forth, the some this is that to we

Paul Treiber

then if That's more, helpful. And I may. just one

what you achievable think there mentioned hard very Like, like Could rates. Just see Do targeting a I in are so still And you regard strong Is you to number expand couple years tracking? you and of how or obviously, a opportunities per win $XX was OEMs IoT, pricing that an ARPU. the vehicle of are ago, target? to long-term ARPU? ARPUs to sell speak to still were into.

John Chen

Absolutely.

and all And a hope BMWs like to of major you being for car on could came reveal so all goal eat we foundational Volvo explain QNX. over Like, than a public I centralized I auto number words these are years today, as myself, reason and companies. In ARPU to I that I is and they do, and that a names why now are BlackBerry you, to today, accepted these back. Volkswagen, the are as basically per information, software I and in would more I don't confidence have I would say first have say I'll fact, I when

upsell regarding software, So allow us conversation and when foundational a vehicle, to earlier, the you have software-defined modules.

past, the one so copy because, And brings that about economics the it we're X of in time. and talking charge different type

platform that building upselling. on we're on, and Now about talking

very everything see buying rightfully same the about safety in So more I receptive it, and across then we platform I sell. plug we excited are are course, certification of trend. think more modules the which, Customers so. onto people and adaptive have our

Operator

question comes Todd Coupland from next Our from CIBC.

Thomas Ingham

want follow you the that in be would Can question. IoT that that, Is wins the look in on I'll single ask When $XX backlog up software it? actually any little a that on the have to you you vehicle Maybe what per I differently. it ARPU at last quote, Is what us it high in already? embedded it digits? digits you give range? that color double is

John Chen

Yes.

So $XX, in there that push and low in of digit digit. are a say, of wins handful But most $XX. of I could high us them, that would area double single

Thomas Ingham

Okay. OS $XX ARPU mean, those infotainment type you've of a just from. When that's double-digit see would higher And or bit starting kick you're to I than you the come quite production obviously, higher, in? where if volume

John Chen

start It's see reason Well, because should expect don't this feel, part that we year. the the of XX% XX% production, SOP. we the growth to our if of I we know to with but some so-called I okay of say comfortable, feel this,

And so 'XX, I growth we 'XX, believe have higher a number. FY

growth of you we If set X-year XX%. a compounded remember, rate

came year, year in to be XX%. going we XX%. first the So This it's XX% at to

be And will we years. that have in over says next couple XX% the so math to of the

Thomas Ingham

let's you what if for QX, it call $XX in deals value. and year, where take million with exactly the to your of that, a $XX saying to like that's quarter those you're QX know what ARPU you later QX, don't that. but face I So guide at implied the million higher number lands gets in handful

John Chen

outlook not of that availability a Yes. down wrinkle production, production. will chip our usually only a that the wrinkle have earlier. That of I'm correct. interest slow be in half. production. feels on second the us will The We will high my everything put provided factor comfortable, map rate know macroeconomic But we the and chain, OEMs, with That's I issue The optimistic, comfortable delivering very within that all very They slows will to is control. conversation deterioration you be in quite feel in. team down a something so that supply today the the that given comfortable. wrinkle

Thomas Ingham

the into to even about XX the production right you'll that? if baked you million that is get ARPU the talk then And don't XXXX and that levels. higher market, outlook volume those back that way to Is for get

John Chen

Yes. That's correct. we that the math it based Yes, on.

Thomas Ingham

sheet. my And What's with balance a debentures. to second question has Okay. thinking do outstanding your on target the

extra the look look roll it cash from Just debt? repay sale, about to would that the to Or patent you would over? With talk you plan.

John Chen

is repay plan Our to debt. the

Thomas Ingham

of all it. Repay

John Chen

Yes.

Now small wants portion over, roll to but current it, if to be our will open somebody not that's planning. a we

Operator

like Chen, John CEO BlackBerry would closing over to Executive the and back turn to of call I Chair for remarks.

John Chen

Thank you, you. Thank Jason.

be Before earlier. I we we'll XX the like RSA will XX, end a about offerings and I'd at the mentioned Between coming the to events conference, that remind BlackBerry call few you today, up. demonstrating April and product be new

drop by. happen please be to there, do you if So

May outlook. Day opportunities, our will provide which comprehensive of a virtual overview Analyst strategy, financial long-term approach product a the in be course, go-to-market and, of market hosting XX, we'll On management innovation,

Eriksson, investor Cybersecurity; which will President focused XX, questions. of of John May on live we'll retail Then be Mattias your hosting and IoT, Giamatteo, BlackBerry answer the BlackBerry President Q&A, a in

to can feel you submit in weeks. Tim all on send through please them them on free at investorrelations@blackberry.com to So coming events or provide advance that the the in more day. call these We'll detail

So please stay tuned.

today's soon. for speak thank one joining and to of I I always, every hope you you call, As to

Operator

call. today's concludes for Thank your This participation. you

now may disconnect. You

BlackBerry Limited (BB) 30 Mar 232023 Q4 Earnings call transcript