| Research In Motion
Earnings Call |
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Research In Motion Earnings Call, Fourth Quarter 2009.
3rd April 2009 00:00 AM |
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| Revenue of $3.46 billion was up 84%, from $1.88 billion in the same quarter of last year driven by higher shipments in the latter part of the period. |
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| The mobile communications firm reported net income of $518.3 million, or 90 cents per share diluted, compared with $412.5 million, or 72 cents per share diluted, in the same period last year. This growth in spite of the weak economy was attributable to the increase in new subscriber accounts. |
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Research In Motion Earnings Call, Third Quarter 2009
20th December 2008 00:00 AM |
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| New product launches and increased carrier commitment stimulated market growth. |
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| The provider of wireless solutions reported a 7% rise in income to $396 million or 69 cents a share from $371cmillion, or 65 cents a share in 2007 due to a 66% rise in revenue to $2.8 billion on revenues from hand held devices. BlackBerry subscriber account base increased 14% to 21 million. |
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Research In Motion Earnings Call, Second Quarter Fiscal 2009
7th October 2008 00:00 AM |
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| Gross margin for the second quarter was 50.7%, in line with our expectations. The management reported that Q2 fiscal 2008 gross margin was 51.3%. |
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| The leading designer, manufacturer and marketer of innovative wireless solutions generated Q2 revenues of $2.58 billion, an increase of 15% from the second quarter fiscal 2008. The management reported that devices made the largest revenue contribution of 82% and the company shipped about 6.1 million devices in the quarter. The net income for the quarter was $495.5 million compared with $482.5 million in the prior quarter and $287.7 million on the previous year quarter. |
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Research In Motion Limited Earnings Call, First Quarter 2009
30th June 2008 00:00 AM |
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| The tax rate was approximately 27.5%, lower than forecast, primarily due to the impact of foreign exchange relating to certain balance sheet items. |
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| Revenue grew more than 100% to $2.24 billion. Handheld devices represented $1.84 billion, or 82% of RIM''s revenue, up from 81% of total revenue in the previous quarter. Approximately 4.2 million new devices were activated, either for new customers or for replacements and upgrades, not including phone only sales. Gross margin was approximately 51%, in line with expectations. In Q2, the company is forecasting revenue to be in the range of $2.55 billion to $2.65 billion. |
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Research In Motion Earnings Call, First Quarter 2009
27th June 2008 00:00 AM |
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| The firm has been investing in expanding in a number of areas to ensure scale to meet opportunities ahead, with a strong product line up. |
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| The designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market reported a 116% growth in net income to $483 million, or 84 cents per share, reflective of strong revenue growth. Revenues of $2.24 billion were up 107% from $1.08 billion in 2007 as RIM continues to grow its market presence and now has over 375 carriers around the world as it continues to spread in business, government and consumer segments. |
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Research In Motion Fourth Quarter Earnings Call
3rd April 2008 00:00 AM |
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| The net income was $412.5 million or 72 cents per share as against $187.4 million or 33 cents in the prior year period. |
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| The Canadian provider of wireless solutions for mobile communications recorded revenue of $1.88 billion, up 13% from prior year. In Q4, Research in Motion had 2.2 million new subscribers, bringing the total subscriber base to over 14 million. This was driven by a strong showing by the firm’s carrier partners in North America, the ramping of new direct distribution channels and the success of numerous promotions. The projected revenue for Q1 is in the range of $2.23 billion to $2.3 billion. |
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Research in Motion Second Quarter Earnings Call
9th October 2007 00:00 AM |
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| Aided by the strong sales of blackberry devices, the income went up to $287.7 million from $140.2 million in the previous year. |
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| The provider of wireless solutions for mobile communications reported revenue growth of 27% over the prior year to $1.37 billion, with revenue from handheld devices accounting for 78%. During Q2, the demand for BlackBerry products and services was robust and around 1.45 million BlackBerry net subscriber accounts were added. Research in Motion launched BlackBerry Unite, a new software designed to allow small groups to stay connected with each other and easily coordinate their activities. |
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Research in Motion First Quarter Earnings Call
10th July 2007 00:00 AM |
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| The net income for the first quarter was $223 million or $1.17 per share, excluding stock-option expense of $5 million. |
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| The provider of wireless solutions for the mobile communications reported revenue of $1.08 billion, an increase of 16% from $930 million in prior year quarter. In Q1, the company added around 1.2 million BlackBerry net subscriber accounts. The BlackBerry Curve was launched near the end of the Q1 and has begun to ramp in Q2. For the Q2, Research in Motion is forecasting revenue to be in the range of $1.3 billion to $1.365 billion. |
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Research in Motion Fourth Quarter Earnings Call
13th April 2007 00:00 AM |
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| Net income was $187.9 million from $18.4 million a year ago due to sales increase of 66% on higher demand for BlackBerry wireless devices. |
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| The maker of the BlackBerry wireless email device reported revenue increase to $930.4 million, up from $561.2 million a year ago but less than the $935.4 million expected by analysts. The company announced a $250 million earnings restatement because of errors in how options were granted. The company added 1.02 million BlackBerry subscribers. In Q1, earnings are expected to be between $1.01 per share and $1.09 per share, excluding one-time charges |
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