BlackBerry Ltd

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SKU: BB-1 Category:

Description

BlackBerry Limited delivered a mixed result in the recent quarter, with revenues below market expectations but it managed to surpass the analyst consensus in terms of earnings. The company had a remarkable 9% sequential increase in quarterly revenue, totaling $49 million, accompanied by a significant gross margin improvement of 400 basis points, reaching 84%. In the automotive sector, QNX triumphed with 20 new design wins in the auto industry and seven in general embedded market verticals. In the digital cockpit domain, BlackBerry maintains a dominant market position for foundational software. This quarter, the company added acoustic middleware to its offerings, indicating a promising new market for software-defined acoustics. Looking ahead, QNX is poised for an exciting launch of QNX 8.0, amplifying BlackBerry’s leadership in the automotive industry and beyond. In the cybersecurity segment, the company reported $79 million in revenue with a billings value of $74 million, demonstrating a stable dollar-based net retention rate of 81%. Cylance, their AI-powered cybersecurity pioneer, recently released a significant model update, offering enhanced threat prevention and reduced false positives. In the quarter, BlackBerry also introduced a novel range of BlackBerry Radar devices, specifically the H2M IS series, intended for carrier use in transporting hazardous chemicals.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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