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BlackBerry Reports Fiscal 2020 Third Quarter Results – Yahoo Finance

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="- Total company non-GAAP revenue of $280 million , or 23% growth year-over-year; total company GAAP revenue of $267 million , or 18% growth year-over-year” data-reactid=”11″>- Total company non-GAAP revenue of $280 million , or 23% growth year-over-year; total company GAAP revenue of $267 million , or 18% growth year-over-year

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="- Total non-GAAP Software and Services revenue of $275 million , or 26% growth year-over-year; total GAAP Software and Services revenue of $262 million , or 21% growth year-over-year; both are record quarterly highs” data-reactid=”12″>- Total non-GAAP Software and Services revenue of $275 million , or 26% growth year-over-year; total GAAP Software and Services revenue of $262 million , or 21% growth year-over-year; both are record quarterly highs

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="- Total company non-GAAP earnings per basic and diluted share of $0.03 ; GAAP loss per basic share of $0.06 and GAAP loss per diluted share of $0.07 ” data-reactid=”13″>- Total company non-GAAP earnings per basic and diluted share of $0.03 ; GAAP loss per basic share of $0.06 and GAAP loss per diluted share of $0.07

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="- Total company free cash flow generated of $37 million , as reported” data-reactid=”14″>- Total company free cash flow generated of $37 million , as reported

WATERLOO, Ontario , Dec. 20, 2019 /CNW/ — BlackBerry Limited (NYSE: BB; TSX: BB) today reported financial results for the three months ended November 30, 2019 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).

BlackBerry Logo Black (PRNewsfoto/Blackberry Limited)
BlackBerry Logo Black (PRNewsfoto/Blackberry Limited)

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Third Quarter Fiscal 2020 Results” data-reactid=”36″>Third Quarter Fiscal 2020 Results

  • Total company non-GAAP revenue for the third quarter of fiscal 2020 was $280 million , up 23% year-over-year. Total company GAAP revenue for the third quarter of fiscal 2020 was $267 million , up 18% year-over-year. Total non-GAAP software and services revenue was $275 million , up 26% year-over-year. Total GAAP software and services revenue was $262 million , up 21% year-over-year. Third quarter recurring non-GAAP software and services revenue (excluding IP licensing and professional services) was over 90%. Non-GAAP gross margin was 77% and GAAP gross margin was 74%.
  • Total company non-GAAP operating earnings was $20 million . Total company GAAP operating loss was $29 million . Non-GAAP earnings per share was $0.03 (basic and diluted). GAAP net loss was $0.06 per basic share and $0.07 per diluted share. GAAP net loss includes $35 million for acquired intangibles amortization expense, $15 million in stock compensation expense, $10 million in restructuring charges, a benefit of $20 million related to the fair value adjustment on the debentures, and other amounts as summarized in a table below.
  • Total cash, cash equivalents, short-term and long-term investments was $970 million as of November 30, 2019 . Free cash flow generated, before considering the impact of acquisition and integration expenses, restructuring costs and legal proceedings, was $41 million . Cash generated from operations was $40 million and capital expenditures were $3 million .

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content=""BlackBerry achieved sequential growth in revenue across all of our software businesses while generating healthy non-GAAP profitability and free cash flow as we continue to invest in our future," said John Chen , Executive Chairman and CEO, BlackBerry.&nbsp; "I am pleased with our progress.&nbsp; Our pipeline is growing as we deliver against our product roadmap and execute on our go-to-market expansion." ” data-reactid=”43″>“BlackBerry achieved sequential growth in revenue across all of our software businesses while generating healthy non-GAAP profitability and free cash flow as we continue to invest in our future,” said John Chen , Executive Chairman and CEO, BlackBerry.  “I am pleased with our progress.  Our pipeline is growing as we deliver against our product roadmap and execute on our go-to-market expansion.”

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Outlook
BlackBerry will provide fiscal year 2020 outlook in connection with the quarterly earnings announcement on its earnings conference call.&nbsp; The earnings call transcript will be made available on our website and on SEDAR.” data-reactid=”44″>Outlook
BlackBerry will provide fiscal year 2020 outlook in connection with the quarterly earnings announcement on its earnings conference call.  The earnings call transcript will be made available on our website and on SEDAR.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Reconciliation of GAAP revenue, gross margin, gross margin percentage, income (loss) before income taxes, net income (loss) and basic earnings (loss) per share to Non-GAAP revenue, gross margin, gross margin percentage, income before income taxes, net income and basic earnings per share for the three months ended November 30, 2019 :” data-reactid=”45″>Reconciliation of GAAP revenue, gross margin, gross margin percentage, income (loss) before income taxes, net income (loss) and basic earnings (loss) per share to Non-GAAP revenue, gross margin, gross margin percentage, income before income taxes, net income and basic earnings per share for the three months ended November 30, 2019 :

Q3 Fiscal 2020 Non-GAAP Adjustments

For the Three Months Ended November 30, 2019

(in millions, except for per share amounts)

Income statement
location

Revenue

Gross
margin
(before taxes)

Gross margin %
(before
taxes)

Income (loss)
before
income taxes

Net income
(loss)

Basic earnings
(loss) per
share

As reported

$

267

$

198

74.2

%

$

(30)

$

(32)

$

(0.06)

Debentures fair value adjustment (2)

Debentures fair value adjustment

%

(20)

(20)

Restructuring charges (3)

Cost of sales

3

1.1

%

3

3

Restructuring charges (3)

Selling, marketing and administration

%

7

7

Software deferred revenue acquired (4)

Revenue

13

13

1.1

%

13

13

Software deferred commission expense acquired (5)

Selling, marketing and administration

%

(4)

(4)

Stock compensation expense (6)

Cost of sales

1

0.4

%

1

1

Stock compensation expense (6)

Research and development

%

4

4

Stock compensation expense (6)

Selling, marketing and administration

%

10

10

Acquired intangibles amortization (7)

Amortization

%

35

35

Adjusted

$

280

$

215

76.8

%

$

19

$

17

$

0.03

Note: Non-GAAP revenue, non-GAAP gross margin, non-GAAP gross margin percentage, non-GAAP income before income taxes, non-GAAP net income and non-GAAP basic earnings per share do not have a standardized meaning prescribed by GAAP and thus are not comparable to similarly titled measures presented by other issuers. The Company believes that the presentation of these non-GAAP measures enables the Company and its shareholders to better assess the Company’s operating results relative to its operating results in prior periods and improves the comparability of the information presented. Investors should consider these non-GAAP measures in the context of the Company’s GAAP results.

(1)

During the third quarter of fiscal 2020, the Company reported GAAP gross margin of $198 million or 74.2% of revenue. Excluding the impact of stock compensation expense and restructuring charges included in cost of sales and software deferred revenue acquired included in revenue, non-GAAP gross margin was $215 million, or 76.8% of revenue.

(2)

During the third quarter of fiscal 2020, the Company recorded the Q3 Fiscal 2020 Debentures Fair Value Adjustment of $20 million. This adjustment was presented on a separate line in the Consolidated Statements of Operations.

(3)

During the third quarter of fiscal 2020, the Company incurred restructuring charges of approximately $10 million, of which $3 million was included in cost of sales and $7 million was included selling, marketing and administration expense.

(4)

During the third quarter of fiscal 2020, the Company recorded software deferred revenue acquired but not recognized due to business combination accounting rules of $13 million, which was included in BlackBerry Cylance revenue.

(5)

During the third quarter of fiscal 2020, the Company recorded deferred commission expense acquired but not recognized due to business combination accounting rules of approximately of $4 million.

(6)

During the third quarter of fiscal 2020, the Company recorded stock compensation expense of $15 million, of which $1 million was included in cost of sales, $4 million was included in research and development, and $10 million was included in selling, marketing and administration expense.

(7)

During the third quarter of fiscal 2020, the Company recorded amortization of intangible assets acquired through business combinations of $35 million, which was included in amortization expense.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Supplementary Geographic Revenue Breakdown” data-reactid=”51″>Supplementary Geographic Revenue Breakdown

BlackBerry Limited

(United States dollars, in millions)

Revenue by Region

For the Quarters Ended

November 30, 2019

August 31, 2019

May 31, 2019

February 28, 2019

November 30, 2018

North America

$

188

70.4

%

$

179

73.4

%

$

160

64.8

%

$

176

69.0

%

$

151

66.8

%

Europe, Middle East and Africa

60

22.5

%

47

19.3

%

61

24.7

%

61

23.9

%

56

24.8

%

Other regions

19

7.1

%

18

7.3

%

26

10.5

%

18

7.1

%

19

8.4

%

Total

$

267

100.0

%

$

244

100.0

%

$

247

100.0

%

$

255

100.0

%

$

226

100.0

%

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Supplementary Revenue by Product and Service Type Breakdown” data-reactid=”54″>Supplementary Revenue by Product and Service Type Breakdown

BlackBerry Limited

(United States dollars, in millions)

Revenue by Product and Service Type

U.S. GAAP

Adjustments

Non-GAAP

For the Three Months Ended

For the Three Months Ended

For the Three Months Ended

November 30,
2019

November 30,
2018

November 30,
2019

November 30,
2018

November 30,
2019

November 30,
2018

IoT

$

145

$

148

$

$

2

$

145

$

150

BlackBerry Cylance

40

1

13

53

1

Licensing

77

68

77

68

Other

5

9

5

9

Total

$

267

$

226

$

13

$

2

$

280

$

228

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Conference Call and Webcast
A conference call and live webcast will be held today beginning at 8 a.m. ET , which can be accessed by dialing 1- 877-682-6267 or by logging on at BlackBerry.com/Investors. A replay of the conference call will also be available at approximately 11 a.m. ET by dialing 1-800-585-8367 and entering Conference ID #9608207 and at the link above.” data-reactid=”57″>Conference Call and Webcast
A conference call and live webcast will be held today beginning at 8 a.m. ET , which can be accessed by dialing 1- 877-682-6267 or by logging on at BlackBerry.com/Investors. A replay of the conference call will also be available at approximately 11 a.m. ET by dialing 1-800-585-8367 and entering Conference ID #9608207 and at the link above.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="About BlackBerry
BlackBerry (NYSE: BB; TSX: BB) is a trusted security software and services company that provides enterprises and governments with the technology they need to secure the Internet of Things. Based in Waterloo, Ontario , the company is unwavering in its commitment to safety, cybersecurity and data privacy, and leads in key areas such as artificial intelligence, endpoint security and management, encryption and embedded systems. For more information, visit BlackBerry.com and follow @BlackBerry.” data-reactid=”58″>About BlackBerry
BlackBerry (NYSE: BB; TSX: BB) is a trusted security software and services company that provides enterprises and governments with the technology they need to secure the Internet of Things. Based in Waterloo, Ontario , the company is unwavering in its commitment to safety, cybersecurity and data privacy, and leads in key areas such as artificial intelligence, endpoint security and management, encryption and embedded systems. For more information, visit BlackBerry.com and follow @BlackBerry.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Investor Contact:
BlackBerry Investor Relations
+1-519-888-7465
investor_relations@blackberry.com ” data-reactid=”63″>Investor Contact:
BlackBerry Investor Relations
+1-519-888-7465
investor_relations@blackberry.com

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Media Contact:
BlackBerry Media Relations
(519) 597-7273
mediarelations@blackberry.com ” data-reactid=”64″>Media Contact:
BlackBerry Media Relations
(519) 597-7273
mediarelations@blackberry.com

This news release contains forward-looking statements within the meaning of certain securities laws, including under the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, including statements regarding: BlackBerry’s plans, strategies and objectives including the anticipated benefits of its strategic initiatives and its intentions to expand and enhance its product and service offerings.

The words “expect”, “anticipate”, “estimate”, “may”, “will”, “should”, “could”, “intend”, “believe”, “target”, “plan” and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by BlackBerry in light of its experience, historical trends, current conditions and expected future developments, as well as other factors that BlackBerry believes are appropriate in the circumstances. Many factors could cause BlackBerry’s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including the following risks: BlackBerry’s ability to enhance, develop, introduce or monetize products and services for the enterprise market in a timely manner with competitive pricing, features and performance; BlackBerry’s ability to maintain or expand its customer base for its software and services offerings to grow revenue or achieve sustained profitability; the intense competition faced by BlackBerry; the occurrence or perception of a breach of BlackBerry’s network or product security measures or an inappropriate disclosure of confidential or personal information could significantly harm its business; risks related to BlackBerry’s continuing ability to attract new personnel, retain existing key personnel and manage its staffing effectively; BlackBerry’s dependence on its relationships with resellers and channel partners; risks related to acquisitions, divestitures, investments and other business initiatives, which may negatively affect BlackBerry’s results of operations; risks related to BlackBerry’s products and services being dependent upon interoperability with rapidly changing systems provided by third parties; the risk that failure to protect BlackBerry’s intellectual property could harm its ability to compete effectively and BlackBerry may not earn the revenues it expects from intellectual property rights; the risk that BlackBerry could be found to have infringed on the intellectual property rights of others; the risk that litigation against BlackBerry may result in adverse outcomes; risks related to the use and management of user data and personal information, which could give rise to liabilities as a result of legal, customer and other third-party requirements; BlackBerry’s ability to obtain rights to use third-party software; the risk that network disruptions or other business interruptions could have a material adverse effect on BlackBerry’s business and harm its reputation; BlackBerry’s ability to generate revenue and profitability through the licensing of security software and services or the BlackBerry brand to device manufacturers; the substantial asset risk faced by BlackBerry, including the potential for charges related to its long-lived assets and goodwill; risks related to BlackBerry’s indebtedness, which could adversely affect its operating flexibility and financial condition; risks related to government regulations applicable to BlackBerry’s products and services, including products containing encryption capabilities, which could negatively impact BlackBerry’s business; risks related to foreign operations, including fluctuations in foreign currencies; risks associated with any errors in BlackBerry’s products and services, which can be difficult to remedy and could have a material adverse effect on BlackBerry’s business; risks related to the failure of BlackBerry’s suppliers, subcontractors, channel partners and representatives to use acceptable ethical business practices or to comply with applicable laws, which could negatively impact BlackBerry’s business; BlackBerry’s reliance on third parties to manufacture and repair its hardware products; risks related to the Company’s success in fostering an ecosystem of third-party application developers; risks related to regulations regarding health and safety, hazardous materials usage and conflict minerals, and to product certification risks; risks related to tax provision changes, the adoption of new tax legislation or exposure to additional tax liabilities, which could materially impact BlackBerry’s financial condition; risks related to the fluctuation of BlackBerry’s quarterly revenue and operating results; the volatility of the market price of BlackBerry’s common shares; and risks related to adverse economic and geopolitical conditions, which may negatively affect BlackBerry.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="These risk factors and others relating to BlackBerry are discussed in greater detail in BlackBerry's Annual Information Form, which is included in its Annual Report on Form 40-F and the "Cautionary Note Regarding Forward-Looking Statements" section of BlackBerry's MD&amp;A (copies of which filings may be obtained at www.sedar.com or www.sec.gov). All of these factors should be considered carefully, and readers should not place undue reliance on BlackBerry’s forward-looking statements. Any statements that are forward-looking statements are intended to enable BlackBerry’s shareholders to view the anticipated performance and prospects of BlackBerry from management’s perspective at the time such statements are made, and they are subject to the risks that are inherent in all forward-looking statements, as described above, as well as difficulties in forecasting BlackBerry’s financial results and performance for future periods, particularly over longer periods, given changes in technology and BlackBerry’s business strategy, evolving industry standards, intense competition and short product life cycles that characterize the industries in which BlackBerry operates. BlackBerry has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.” data-reactid=”67″>These risk factors and others relating to BlackBerry are discussed in greater detail in BlackBerry’s Annual Information Form, which is included in its Annual Report on Form 40-F and the “Cautionary Note Regarding Forward-Looking Statements” section of BlackBerry’s MD&A (copies of which filings may be obtained at www.sedar.com or www.sec.gov). All of these factors should be considered carefully, and readers should not place undue reliance on BlackBerry’s forward-looking statements. Any statements that are forward-looking statements are intended to enable BlackBerry’s shareholders to view the anticipated performance and prospects of BlackBerry from management’s perspective at the time such statements are made, and they are subject to the risks that are inherent in all forward-looking statements, as described above, as well as difficulties in forecasting BlackBerry’s financial results and performance for future periods, particularly over longer periods, given changes in technology and BlackBerry’s business strategy, evolving industry standards, intense competition and short product life cycles that characterize the industries in which BlackBerry operates. BlackBerry has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

BlackBerry Limited

Incorporated under the Laws of Ontario

(United States dollars, in millions except share and per share amounts) (unaudited)

Consolidated Statements of Operations

For the Three Months Ended

For the Nine Months Ended

November 30,
2019

August 31,
2019

November 30,
2018

November 30,
2019

November 30,
2018

Revenue

$

267

$

244

$

226

$

758

$

649

Cost of sales

69

68

56

207

157

Gross margin

198

176

170

551

492

Gross margin %

74.2

%

72.1

%

75.2

%

72.7

%

75.8

%

Operating expenses

Research and development

66

62

55

199

167

Selling, marketing and administration

132

132

93

385

299

Amortization

49

48

33

146

105

Debentures fair value adjustment

(20)

(23)

(69)

(71)

(111)

227

219

112

659

460

Operating income (loss)

(29)

(43)

58

(108)

32

Investment income (loss), net

(1)

2

2

13

Income (loss) before income taxes

(30)

(43)

60

(106)

45

Provision for income taxes

2

1

1

5

3

Net income (loss)

$

(32)

$

(44)

$

59

$

(111)

$

42

Earnings (loss) per share

Basic

$

(0.06)

$

(0.08)

$

0.11

$

(0.20)

$

0.08

Diluted

$

(0.07)

$

(0.10)

$

(0.01)

$

(0.27)

$

(0.09)

Weighted-average number of common shares outstanding (000s)

Basic

554,585

552,343

540,406

552,931

538,251

Diluted

615,085

612,843

600,906

613,431

598,751

Total common shares outstanding (000s)

552,132

548,336

547,084

552,132

547,084

 

BlackBerry Limited

Incorporated under the Laws of Ontario

(United States dollars, in millions) (unaudited)

Consolidated Balance Sheets

As at

November 30, 2019

February 28, 2019

Assets

Current

Cash and cash equivalents

$

515

$

548

Short-term investments

367

368

Accounts receivable, net

216

233

Other receivables

13

19

Income taxes receivable

10

9

Other current assets

58

56

1,179

1,233

Restricted cash and cash equivalents

32

34

Long-term investments

56

55

Other long-term assets

23

28

Deferred income tax assets

2

Operating lease right-of-use assets

133

Property, plant and equipment, net

76

85

Goodwill

1,459

1,463

Intangible assets, net

955

1,068

$

3,913

$

3,968

Liabilities

Current

Accounts payable

$

27

$

48

Accrued liabilities

193

192

Income taxes payable

19

17

Debentures

609

Deferred revenue, current

264

253

1,112

510

Deferred revenue, non-current

117

136

Operating lease liabilities

127

Other long-term liabilities

8

19

Long-term debentures

665

Deferred income tax liabilities

1

2

1,365

1,332

Shareholders’ equity

Capital stock and additional paid-in capital

2,742

2,688

Deficit

(157)

(32)

Accumulated other comprehensive loss

(37)

(20)

2,548

2,636

$

3,913

$

3,968

 

BlackBerry Limited

Incorporated under the Laws of Ontario

(United States dollars, in millions) (unaudited)

Consolidated Statements of Cash Flows

For the Nine Months Ended

November 30, 2019

November 30, 2018

Cash flows from operating activities

Net income (loss)

$

(111)

$

42

Adjustments to reconcile net income (loss) to net cash used in operating activities:

Amortization

160

116

Stock-based compensation

46

53

Non-cash consideration received from contract with a customer

(8)

Debentures fair value adjustment

(71)

(111)

Other long-term assets

2

Operating leases

(12)

Other

9

4

Net changes in working capital items:

Accounts receivable, net

17

13

Other receivables

6

46

Income taxes receivable

(1)

13

Other assets

3

(1)

Accounts payable

(21)

(14)

Income taxes payable

2

(1)

Accrued liabilities

(24)

(57)

Deferred revenue

(10)

(23)

Other long-term liabilities

7

Net cash provided by (used in) operating activities

(8)

82

Cash flows from investing activities

Acquisition of long-term investments

(1)

(2)

Proceeds on sale or maturity of long-term investments

2

Acquisition of property, plant and equipment

(9)

(14)

Proceeds on sale of property, plant and equipment

1

Acquisition of intangible assets

(24)

(24)

Business acquisitions, net of cash acquired

1

Acquisition of short-term investments

(829)

(2,754)

Proceeds on sale or maturity of short-term investments

830

2,962

Net cash provided by (used in) investing activities

(32)

171

Cash flows from financing activities

Issuance of common shares

8

5

Finance lease liability

(2)

Net cash provided by financing activities

6

5

Effect of foreign exchange loss on cash, cash equivalents, restricted cash, and restricted cash equivalents

(1)

(3)

Net increase (decrease) in cash, cash equivalents, restricted cash, and restricted cash equivalents during the period

(35)

255

Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period

582

855

Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period

$

547

$

1,110

As at

November 30, 2019

February 28, 2019

Cash and cash equivalents

$

515

$

548

Restricted cash and cash equivalents

$

32

$

34

Short-term investments

$

367

$

368

Long-term investments

$

56

$

55

 

Cision

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SOURCE BlackBerry Limited

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Ottawa to delay second doses of COVID-19 vaccine as supply dwindles – CBC.ca

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The City of Ottawa says it has to delay second doses of the Pfizer-BioNTech vaccine for some people who have already received their first shot due to a temporary shortage of vaccines. 

Anthony Di Monte, general manager of emergency and protective services, said Wednesday some long-term care home and retirement home staff, residents and essential caregivers will have to wait up to 27 days, or nearly a week longer than the 21-day period that’s recommended.

For others who received their first vaccine, they may have to wait up to 42 days, he said. 

The federal government announced on Friday Canada would be getting fewer COVID-19 vaccines from Pfizer-BioNTech over the next few weeks because the company has to make changes to a production line in Belgium to grow its manufacturing capacity.

In Ottawa, that means the city will be getting no new Pfizer-BioNTech vaccines next week, said Di Monte. The supply the city does have will be focused on ensuring that those who are due for a booster will get their second shot as soon as possible.

The first dose of vaccines have already been administered to more than 92 per cent of long-term care home residents in Ottawa at all 28 facilities. Residents at one at-risk retirement home and one congregant living setting have also been vaccinated, said Di Monte.

“Our next step is to administer the second dose to those individuals who have already received their first dose of the vaccine. Depending on the vaccine supply we receive from the province, which we know will be minimal in the next few weeks, we will then shift our focus to the high-risk retirement homes,” said Di Monte.

Ottawa has 36 high-risk retirement homes and so far, only the one has received doses of the vaccine. 

Dr. Vera Etches, Ottawa’s medical officer of health, said delays beyond 21-day gap are permitted under guidelines established by the National Advisory Committee on Immunization.

“The recommendation is of course to follow the dosing schedule as much as we can,” she said. “But in the context of limited supply … jurisdictions can maximize the number of individuals that are getting the benefit from the vaccine by going ahead with the first dose and delaying the second dose.”

While there isn’t data to show what effects waiting up to 42 days may have on the COVID-19 vaccine efficacy, typically delays in booster shots do not affect the durability of vaccines, she said.

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Declining case numbers show Alberta restrictions working, Dr. Deena Hinshaw says – CBC.ca

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Declining numbers of cases and positive tests for COVID-19 in Alberta show that restrictions put in place last year have been effective, the province’s top doctor says.

Alberta reported 21 more COVID-19 deaths on Wednesday and 669 new cases of the illness.

Laboratories conducted about 14,900 tests over the past 24 hours putting the positivity rate at about 4.5 per cent.

“It’s very encouraging to see our positivity rate steadily declining since the peak in December,” Dr. Deena Hinshaw, the province’s chief medical officer of health, said Wednesday at a news conference. 

“And I would say that the data that we have indicates that the restrictions put in place in November and December have achieved, so far, their intended outcome.”

It’s critical that the province maintain enough restrictions to continue to drive those numbers down, Hinshaw said, given the high number of people still being treated in hospitals.

“We need to build on our collective success by going slowly toward allowing some additional activities and not experiencing a rebound if we open too quickly,” she said.

Hospitalizations remain high

Hospitals in the province are treating 744 patients for the disease, including 124 in ICU beds.

“It is important to remember that it is the number of people currently in hospital that I am providing, not all those who have ever needed hospital care since the spring,” Hinshaw said.

“To put this into context, over the last 10 years, we have had an average of just over 1,500 total hospital admissions for influenza annually. For COVID-19, the comparable number comes from less than a year of data. More than 5,000 people have needed hospital care since the pandemic began for COVID-19 in Alberta.”

A total of 5,086 people with COVID-19 have been treated in hospitals since the pandemic began last March.

That represents about 4.3 per cent of the total cases, which now sits at 118,436.

Of those, 106,387 were listed as recovered and 10,565 were active. 

Of the patients hospitalized with the illness so far, 816 have ended up in ICU beds.

Far greater toll on older people

Slightly more than one per cent of all people infected have died.

Alberta Health data shows the illness has taken a far greater toll on older people. To date, 1,265 of the 1,484 reported deaths (85 per cent) have been people aged 70 and older.

A total of 109,089 people under the age of 70 have contracted the illness. In all, 218 of them have died, a rate of .0.19 per cent.

To date, 9,347 people aged 70 or older have become sick. In all, 1,265 of them have died, a rate of 13.5 per cent.

Older people also have a much higher chance of ending up in hospital. Those in their 20s who contract the illness have about a one in 100 chance of being hospitalized. Those aged 60 and older have about one in six chance.

Here’s a breakdown by age of those who have been infected, and those who had symptoms serious enough to require hospitalization.

  • Under one, 644 cases, 34 hospitalized, 10 in ICU. (Hospitalization rate, 5.3 per cent)
  • one to four, 3,671 cases, 14 hospitalized, two in ICU. (Hospitalization rate, 0.4 per cent)
  • five to nine, 5,094 cases, eight hospitalized, two in ICU. (Hospitalization rate, 0.2 per cent)
  • 10 to 19, 13,606 cases, 68 hospitalized, nine in ICU. (Hospitalization rate, 0.5 per cent)
  • 20 to 29, 22,025 cases, 241 hospitalized, 25 in ICU. (Hospitalization rate, 1.1 per cent)
  • 30 to 39, 22,470 cases, 388 hospitalized, 40 in ICU. (Hospitalization rate, 1.7 per cent)
  • 40 to 49, 18,678 cases, 489 hospitalized, 92 in ICU. (Hospitalization rate, 2.6 per cent)
  • 50 to 59, 14,075 cases, 721 hospitalized, 164 in ICU. (Hospitalization rate, 5.1 per cent)
  • 60 to 69, 8,788 cases, 879 hospitalized, 239 in ICU. (Hospitalization rate, 10.0 per cent)
  • 70 to 79, 4,370 cases, 952 hospitalized, 172 in ICU. (Hospitalization rate, 21.8 per cent)
  • 80+, 4,977 cases, 1,291 hospitalized, 60 in ICU. (Hospitalization rate, 25.9 per cent)

A total of 95,243 doses of vaccine have been administered in the province.

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Ottawa to delay second doses of COVID-19 vaccine as supply dwindles

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The City of Ottawa says it has to delay second doses of the Pfizer-BioNTech vaccine for some people who have already received their first shot due to a temporary shortage of vaccines.

Anthony Di Monte, general manager of emergency and protective services, said Wednesday some long-term care home and retirement home staff, residents and essential caregivers will have to wait up to 27 days, or nearly a week longer than the 21-day period that’s recommended.

For others who received their first vaccine, they may have to wait up to 42 days, he said.

The federal government announced on Friday Canada would be getting fewer COVID-19 vaccines from Pfizer-BioNTech over the next few weeks because the company has to make changes to a production line in Belgium to grow its manufacturing capacity.

In Ottawa, that means the city will be getting no new Pfizer-BioNTech vaccines next week, said Di Monte. The supply the city does have will be focused on ensuring that those who are due for a booster will get their second shot as soon as possible.

The first dose of vaccines have already been administered to more than 92 per cent of long-term care home residents in Ottawa at all 28 facilities. Residents at one at-risk retirement home and one congregant living setting have also been vaccinated, said Di Monte.

“Our next step is to administer the second dose to those individuals who have already received their first dose of the vaccine. Depending on the vaccine supply we receive from the province, which we know will be minimal in the next few weeks, we will then shift our focus to the high-risk retirement homes,” said Di Monte.

Ottawa has 36 high-risk retirement homes and so far, only the one has received doses of the vaccine.

Dr. Vera Etches, Ottawa’s medical officer of health, said delays beyond 21-day gap are permitted under guidelines established by the National Advisory Committee on Immunization.

“The recommendation is of course to follow the dosing schedule as much as we can,” she said. “But in the context of limited supply … jurisdictions can maximize the number of individuals that are getting the benefit from the vaccine by going ahead with the first dose and delaying the second dose.”

While there isn’t data to show what effects waiting up to 42 days may have on the COVID-19 vaccine efficacy, typically delays in booster shots do not affect the durability of vaccines, she said.

 

Source:- CBC.ca

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