BlackBerry(BB)
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BlackBerry(BB) - 2025 Q4 - Annual Results
2025-04-02 11:10
Exhibit 99.1 FOR IMMEDIATE RELEASE Business Highlights & Strategic Announcements • Secure Communications ARR decreased by 3% sequentially, and increased 3% year-over-year to $208 million; Secure Communications DBNRR decreased by 2 percentage points sequentially, and increased by 2 percentage points year-over-year to 93%. • Secure Communications adjusted EBITDA exceeded previously-provided guidance at $12.6 million, or a margin of 19%. • Licensing revenue exceeded guidance at $8.6 million, and Licensing adju ...
Better Comeback Stock: BlackBerry vs. Unity Software
The Motley Fool· 2025-03-30 08:40
Which of these fallen tech stocks has a better shot at getting back up? BlackBerry (BB -0.88%) and Unity Software (U -4.96%) were both once high-growth tech stocks that lost their momentum and disappointed their investors. BlackBerry was once the world's top smartphone maker, but it lost that booming market to Apple's (AAPL -2.67%) iPhones and Android-powered devices. It subsequently stopped producing phones and expanded its cybersecurity and Internet of Things (IoT) services, even as it struggled to keep p ...
How Should You Play BlackBerry Stock Before Q4 Earnings Release?
ZACKS· 2025-03-28 13:55
Core Viewpoint - BlackBerry Limited is set to report its fourth-quarter fiscal 2025 results on April 2, with earnings expectations and revenue projections indicating a challenging environment for the company [1][5]. Earnings Estimates - The Zacks Consensus Estimate for the upcoming quarter's earnings is 2 cents per share, unchanged over the past 60 days, compared to 3 cents per share in the same quarter last year [2][4]. - For fiscal 2025, the earnings estimate is 1 cent per share, down from 5 cents per share in the previous fiscal year, with revenues projected at $562 million, reflecting a 34.1% year-over-year decline [4][12]. Earnings Surprise History - BlackBerry has a strong earnings surprise history, having outperformed the Zacks Consensus Estimate in the last four quarters, with an average surprise of 131.25% [3][4]. Revenue Projections - The company expects fourth-quarter revenues to be between $126 million and $135 million, with the Secure Communications unit projected to generate $62 million to $66 million and the IoT business expected to bring in $60 million to $65 million [11][12]. - For fiscal 2025, revenues from continuing operations are anticipated to be between $517 million and $526 million, with the Secure Communications division expected to contribute $267 million to $271 million [12]. Operational Performance - Cost-cutting measures, including headcount reductions and facility closures, have positively impacted margin and bottom-line performance, with adjusted EBITDA reported at $23 million in the third quarter of fiscal 2025, up from $18 million year-over-year [13]. - The company anticipates adjusted EBITDA for the upcoming quarter to be between $10 million and $20 million, and for fiscal 2025, it is projected to be between $60 million and $70 million [14]. Market Position and Stock Performance - BlackBerry's stock has increased by 51.2% over the past six months, outperforming the Computer Software industry and broader market indices [16]. - The stock is currently trading at a discount, with a 12-month Price/book multiple of 3.26X compared to the industry average of 7.63X [19]. Strategic Focus - The company is focusing on high-margin areas such as IoT and Secure Communications, with expected benefits from the automotive segment and the relaunch of the QNX brand [7][10]. - The performance of the Secure Communications division is driven by strong demand for its endpoint management and critical events management solutions [9].
BIC: Release and Availability of the 2024 Universal Registration Document
Globenewswire· 2025-03-27 14:45
Core Insights - The 2024 Universal Registration Document has been filed with the French Financial Markets Authority (A.M.F) and is accessible to the public in both French and English on BIC's website [2][3]. Company Overview - BIC is a global leader in stationery, lighters, and shavers, with a commitment to delivering high-quality, affordable products for 80 years, establishing itself as a symbol of reliability and innovation [3]. - The company operates in over 160 countries and employs more than 13,000 team members worldwide, offering a diverse portfolio of iconic brands and products [3]. Financial Reporting - The 2024 Universal Registration Document includes XBRL tags for financial statements, as BIC has adopted the European Single Electronic Format (ESEF) [3]. - Key components of the document include the Annual Financial Report, Management report, Corporate Governance report, sustainability information, share buyback program details, and reports from Statutory Auditors [5]. Upcoming Events - Important upcoming dates include the First Quarter 2025 Net Sales on April 23, 2025, the Annual General Meeting on May 20, 2025, and the First Half 2025 Results on July 30, 2025 [6].
BlackBerry Jumps 48% in a Year: Buy, Sell or Hold the Stock?
ZACKS· 2025-03-10 13:40
BlackBerry Limited (BB) stock’s newfound momentum is impressive. It has surged 47.8% in the past year, significantly outpacing the Computer Software industry’s, broader Zacks Computer & Technology sector and the S&P 500 composite’s growth of 0.5%, 12.6% and 13.8%, respectively. Blackberry has also outperformed peers within the cybersecurity space, such as Fortinet (FTNT) and CrowdStrike Holdings, Inc. (CRWD) , which have gained 41.8% and 5.1%, respectively, over the same time frame. BlackBerry gained 2.5% i ...
BIC: Disclosure of total number of voting rights and number of shares forming the capital as of February 28, 2025
Globenewswire· 2025-03-06 16:55
Company Overview - As of February 28, 2025, Société BIC has a total of 41,621,162 issued shares [2] - BIC is a global leader in stationery, lighters, and shavers, with a presence in over 160 countries and a workforce of over 14,000 employees [2] - The company is recognized for its commitment to sustainability and education, and its product portfolio includes well-known brands such as BIC® 4-Color™, BodyMark®, and Tipp-Ex® [2] Voting Rights - The total number of voting rights as of February 28, 2025, is 59,845,759 [7] - Excluding shares without voting rights, the number of voting rights is 59,364,136 [7]
BIC: Disclosure Of Trading In Own Shares for February 2025
Globenewswire· 2025-03-06 16:45
Summary of Key Points Core Viewpoint - Société BIC has disclosed its share buy-back transactions for February 2025, indicating a strategic move to manage its capital and enhance shareholder value [2]. Group 1: Share Buy-Back Transactions - On February 24, 2025, BIC purchased 10,000 shares at an average price of €60.90, totaling €609,000 [2]. - On February 25, 2025, BIC bought another 10,000 shares at an average price of €59.75, amounting to €597,500 [2]. - On February 28, 2025, BIC acquired 8,126 shares at an average price of €58.86, resulting in a total expenditure of €478,284.98 [2]. - The total number of shares repurchased in February 2025 was 28,126, with an average weighted price of €59.90, leading to a total investment of €1,684,784.98 [2]. Group 2: Company Overview - BIC is a global leader in stationery, lighters, and shavers, with a commitment to delivering high-quality and affordable products for over 80 years [3]. - The company operates in over 160 countries and employs more than 14,000 team members worldwide [3]. - BIC's product portfolio includes well-known brands such as BIC® 4-Color™, BodyMark®, and Tipp-Ex®, among others [3]. - BIC is listed on Euronext Paris and is part of the SBF120 and CAC Mid 60 indexes, highlighting its significant market presence [3].
BlackBerry Stock Has Skyrocketed Nearly 100% in 6 Months: Is It Too Late to Buy?
The Motley Fool· 2025-03-03 13:45
Core Viewpoint - BlackBerry has experienced significant stock price growth over the past six months, nearly doubling in value and reaching a new 52-week high, driven by positive business developments and financial results [1][3]. Financial Performance - In December, BlackBerry reported its third-quarter results for fiscal 2025, exceeding revenue targets in its cybersecurity and IoT segments, and raising the lower end of its full-year guidance for IoT [3]. - Despite recent positive cash flow, BlackBerry's top line has declined by 35% over the past three quarters, totaling $391 million, with operating income at $7 million compared to $25 million in the same period last year [4][5]. - The company has burned through $25 million in cash over the last nine months of operations, indicating potential volatility in cash flow [5]. Strategic Moves - BlackBerry's acquisition of AI cybersecurity company Cylance for $1.4 billion in 2018 has turned out to be a poor investment, as the company announced plans to sell Cylance for only $160 million and 5.5 million shares in December 2024 [6][7]. - The inability to effectively integrate Cylance into its operations raises concerns about BlackBerry's capital allocation and operational efficiency [7]. Investment Considerations - Despite recent stock performance, BlackBerry remains down 17% over a five-year period, highlighting challenges in generating sustainable growth [8]. - The stock is characterized by high volatility, making it a speculative investment, and the company's fundamentals require significant improvement before it can be considered a viable option for most investors [9].
BlackBerry: A High Change Turnaround After Cutting Cylance To Power QNX Expansion
Seeking Alpha· 2025-02-26 03:41
Investment Strategy - The company employs a contrarian investment style, focusing on high-risk, illiquid options and maintaining a balanced portfolio of shares and call options [1] - The investment timeframe typically ranges from 3 to 24 months, targeting stocks that have recently experienced sell-offs due to non-recurrent events [1] Stock Screening Process - The company screens thousands of stocks, primarily in the US, looking for those with insider buying at lower prices following sell-offs [1] - Fundamental analysis is utilized to assess the health of companies, including their leverage and financial ratios compared to sector and industry averages [1] Technical Analysis - Technical analysis is employed to optimize entry and exit points, using multicolor lines for support and resistance levels on weekly charts [1] - Trend lines are drawn in multicolor patterns to aid in analysis [1]
BlackBerry (BB) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-02-25 18:05
Core Viewpoint - BlackBerry has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the correlation between changes in earnings estimates and near-term stock price movements, indicating that revisions in earnings estimates can lead to significant price changes [4][6]. - Institutional investors play a role in this relationship, as they adjust their valuations based on earnings estimates, which can lead to buying or selling of shares and consequently affect stock prices [4]. BlackBerry's Earnings Outlook - BlackBerry is projected to earn $0.01 per share for the fiscal year ending February 2025, reflecting a year-over-year decline of 80% [8]. - Despite the decline in earnings per share, analysts have raised their estimates for BlackBerry, with the Zacks Consensus Estimate increasing by 50% over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - BlackBerry's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].