RESEARCH IN MOTION REPORTS YEAR-END AND FOURTH QUARTER RESULTS FOR FISCAL 2012
Waterloo, ON – Research In Motion Limited (RIM) (Nasdaq: RIMM; TSX: RIM), a world leader in the mobile
communications market, reported fourth quarter results for the three months and fiscal year ended March
3, 2012 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).
Highlights:
$2.1 billion in cash, cash equivalents, short-term and long-term investments at the end of the
quarter, which increased by approximately $610 million in the quarter
Cash flow from operations of approximately $1.1 billion, up from approximately $900
million in Q3
Revenue of $4.2 billion, down 19% from the third quarter
GAAP net loss in Q4 of $125 million or $0.24 per share diluted; adjusted net income of $418
million or $0.80 per share diluted
BlackBerry smartphone shipments of 11.1 million in Q4, down 21% from Q3
RIM to discontinue providing specific quantitative guidance
RIM provides update on organizational changes
http://www.rim.com/investors/documents/pdf/pressrelease/2012/Q4_press_release.pdf
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