Record software and services revenue achieved by BlackBerry for its fourth fiscal quarter

For those who doubted John Chen's ability to turn around BlackBerry, or wondered why he got that huge five-year contract extension, the time has come to put those thoughts behind you. After exiting the hardware business, licensing the BlackBerry name and its version of Android to three companies, and focusing on the automobile business and the IoT, Chen has yet to meet his Waterloo at Waterloo.

For the company's fiscal fourth quarter, the company reported record software and services revenue of $218 million (non-GAAP) and $212 million (GAAP). The previous record was just set last quarter. ...