OTTAWA â Ending its fiscal year, BlackBerry made progress in its plan to re-emerge as primarily a software company, and said on Friday its net quarterly loss had fallen in line with its drop in revenue.
Driven in part by the acquisition of a competitor, Good Technology, the company said that its software revenue rose 113 percent in the year. Over all, annual revenue for the once prominent smartphone maker declined by a third to $ 2.16 billion, and its net loss also fell by a similar ratio, to $ 208 million.
John S. Chen, the chairman and chief executive of BlackBerry, which is based in Waterloo, Ontario, has concentrated on software and services that allow businesses and governments to control their employeesâ smartphones and tablets, and also increase their security.
QNX, a branch of the company based in Ottawa, is trying to expand its business with automakers, many of which it now supplies with software for tasks like in-car entertainment systems. Some parts of that business are facing new competition from Google and Apple.
In final quarter of the fiscal year, revenue at BlackBerry fell to $ 464 million, from $ 548 million in the year-ago quarter. The quarterly loss of $ 238 million was up from $ 89 million in the previous quarter, and included a $ 127 million write-down in the value of assets.
The company did not report the sales of its new line of phones, which are based on Googleâs Android operating system rather than BlackBerryâs own software. Some analysts have suggested that if the shift to Android does not reverse BlackBerryâs decline in the smartphone market, it should abandon what was once its signature business.