Arctic Wolf has acquired Cylance, BlackBerry’s beleaguered cybersecurity business, for $160 million — a significant write-down from the $1.4 billion BlackBerry paid to acquire the company in 2018. Under the terms of the deal, which is expected to close in BlackBerry’s fiscal Q4, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million in cash. BlackBerry will get ~$80 million at closing and the rest of the tranche a year later, along with roughly 5.5 million common shares in Arctic Wolf. “We ...

BlackBerry Limited (BB) is scheduled to report third-quarter fiscal 2025 results on Dec. 19.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The Zacks Consensus Estimate is pegged at a loss of 2 cents per share, unchanged in the past 60 days. The company reported earnings per share of 1 cent in the prior-year quarter.The company’s earnings have surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with the average earnings surprise of 131.25%.Factors at Play ...

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to end the year, consider joining Out Fox The Street .Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and dir ...

BlackBerry (BB) closed the latest trading day at $2.76, indicating a -0.72% change from the previous session's end. This change lagged the S&P 500's 0.54% loss on the day. At the same time, the Dow lost 0.53%, and the tech-heavy Nasdaq lost 0.66%.The cybersecurity software and services company's shares have seen an increase of 13.93% over the last month, surpassing the Computer and Technology sector's gain of 3.76% and the S&P 500's gain of 1.5%.Investors will be eagerly watching for the performance of Blac ...

The most recent trading session ended with BlackBerry (BB) standing at $2.56, reflecting a -0.39% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.25%. At the same time, the Dow lost 0.29%, and the tech-heavy Nasdaq gained 0.97%.The cybersecurity software and services company's stock has climbed by 13.22% in the past month, exceeding the Computer and Technology sector's gain of 0.06% and the S&P 500's gain of 3.51%.The investment community will be paying close a ...

The most recent trading session ended with BlackBerry (BB) standing at $2.35, reflecting a -1.67% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.4%. Elsewhere, the Dow saw a downswing of 0.28%, while the tech-heavy Nasdaq appreciated by 1.04%.Shares of the cybersecurity software and services company have depreciated by 7.36% over the course of the past month, underperforming the Computer and Technology sector's gain of 0.18% and the S&P 500' ...

BlackBerry Limited (NYSE:BB) RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference Call November 19, 2024 3:20 PM ET Company Participants John Giamatteo - Chief Executive Officer Tim Foote - Chief Financial Officer Conference Call Participants Paul Treiber - RBC Capital Markets Paul Treiber All right. So, thanks, everyone, for joining us. My name is Paul Treiber. For any of you who don't know me, I cover Canadian technology stocks at RBC. I'm pleased to be hosting our next ...

BlackBerry Limited (NYSE:BB) RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference Call November 19, 2024 3:20 PM ET Company Participants John Giamatteo - Chief Executive Officer Tim Foote - Chief Financial Officer Conference Call Participants Paul Treiber - RBC Capital Markets Paul Treiber All right. So, thanks, everyone, for joining us. My name is Paul Treiber. For any of you who don't know me, I cover Canadian technology stocks at RBC. I'm pleased to be hosting our next ...

PLEASANTON, Calif., Nov. 19, 2024 /PRNewswire/ -- Avathon, provider of the leading AI platform for industrial operations, has partnered with BlackBerry, enhancing the BlackBerry® AtHoc® critical event platform with its computer vision AI tool.BlackBerry AtHoc helps organizations securely collect, validate and share information across channels to activate an immediate coordinated, multi-departmental response. Independent from enterprise IT networks, BlackBerry AtHoc provides operational resilience and secure ...

BlackBerry (BB) closed the most recent trading day at $2.44, moving +0.83% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.02%. Elsewhere, the Dow saw an upswing of 0.11%, while the tech-heavy Nasdaq depreciated by 0.26%.Coming into today, shares of the cybersecurity software and services company had lost 2.81% in the past month. In that same time, the Computer and Technology sector gained 3.61%, while the S&P 500 gained 2.99%.Investors will be eagerly watching for the pe ...