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Thursday, 03/24/2011 4:34:07 PM

Thursday, March 24, 2011 4:34:07 PM

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Research in Motion (RIMM) this afternoon reported fiscal Q4 revenue for the three months ending in February that missed analysts’ estimates, but beat on the bottom line. The current quarter forecast was short of estimates.

Q4 revenue was $5.56 billion, yielding EPS of $1.78.

Analysts had been modeling $5.64 billion in revenue and $1.76 in earnings per share.

The company sold 14.9 million BlackBerry smartphones, it said, which was toward the upper end of its projected range. Gross profit came in at 44.2%, ahead of the 43.6% reported in the prior quarter.

For the fiscal Q1 ending in May, the company sees $5.2 billion to $5.6 billion in revenue and EPS of $1.47 to $1.55. Analysts have been modeling $5.64 billion and EPS of $1.65.

RIM said it expects gross profit to decline in Q1 to 41.5%.

RIM said its Q1 forecast was “wider than normal” to allow for some uncertainty surrounding developments in Japan.

For the full year ending February of 2012, RIM sees EPS “in excess of” $7.50, well ahead of the average of $6.81.
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