Summary of BlackBerry Conference Call Company Overview - BlackBerry has redefined its focus into two main divisions: QNX (embedded software) and secure communications, along with a significant IP portfolio [2][2][2] QNX Business Insights - QNX is a rapidly growing segment, powering over 255 million cars globally, with strong positions among the largest OEMs and EV makers [3][3][3] - The value proposition includes foundational software for safety, security, and high performance, particularly in applications like digital cockpit and ADAS [3][3][3] - BlackBerry is expanding its offerings by providing middleware solutions in collaboration with partners [4][4][4] Automaker Engagement - Many automakers initially attempted to develop their own software but often returned to BlackBerry due to challenges in integrating complex software systems [5][5][5] - BlackBerry is seeing increased demand for additional services from automakers, indicating a strong market position [6][6][6] Revenue Opportunities - The average selling price (ASP) per vehicle is expected to increase due to the launch of the next-generation operating system, SDP8, which supports high-performance chips [7][8][8] - BlackBerry has secured design wins that promise higher ASPs, with a focus on software integration to relieve OEMs of complex tasks [9][9][9] Economic Discussions with Automakers - The sales approach emphasizes value rather than just price increases, ensuring long-term partnerships with OEMs [11][11][11] - The ASP is anticipated to rise as BlackBerry provides more value through advanced software solutions [12][12][12] Market Conditions and Future Outlook - Despite macroeconomic uncertainties, there are positive signs of growth in the automotive sector, with OEMs increasing their project scopes and guidance [15][15][15] - BlackBerry's pipeline is reported to be the strongest in a long time, indicating optimism for future growth [15][15][15] GEMS Segment - BlackBerry is investing in the General Embedded Market (GEMS), focusing on safety-critical and high-performance applications, particularly in medical devices and industrial automation [22][22][22] - The company aims to diversify its revenue streams while maintaining a strong position in the automotive sector [23][23][23] Leadership Changes - John Wall has been appointed as President of the QNX division, bringing over 30 years of industry experience [27][27][27] Secure Communications Business - The secure communications segment has stabilized and is now a reliable source of revenue and profit, with a focus on mission-critical communications [28][28][28] - This segment complements the growth trajectory of QNX, providing a steady cash flow to support further investments [29][29][29] Financial Performance - BlackBerry reported a significant increase in cash flow, transitioning from a cash burn of $57 million to a positive cash flow of $60 million in recent quarters [38][38][38] - The company expects to generate over $70 million in cash this fiscal year, strengthening its balance sheet [38][38][38] Capital Allocation Strategy - The primary focus for cash allocation is on R&D investments for QNX and potential share buybacks, reflecting confidence in the company's valuation [39][39][39] - BlackBerry is open to strategic acquisitions that align with its growth story, although the criteria for such investments will be stringent [40][40][40]

Core Points - BlackBerry Limited has appointed John Wall as President of its QNX division, effective immediately [1] - John Wall will report directly to BlackBerry CEO, John J [1]

Core Insights - The Women in Cyber Leadership Program aims to address the leadership gap for women in cybersecurity within Malaysia and ASEAN member states [1] Group 1: Program Details - The program is a strategic initiative by BlackBerry Limited, Global Affairs Canada, and Rogers Cybersecure Catalyst at Toronto Metropolitan University [1] - Applications for the program are currently open, with the course scheduled for January 26-30, 2026 [1] - The program will be held at the MCMC and BlackBerry Cybersecurity Center of Excellence (CCoE) in Cyberjaya, Malaysia [1] Group 2: Objectives and Impact - The initiative is designed to advance women cybersecurity professionals into leadership roles [1] - It is offered at no cost to participants, making it accessible to a wider audience [1]

Core Insights - Société BIC has disclosed its share buy-back transactions for October 2025, indicating a total of 53,527 shares repurchased at an average price of €49.7312, amounting to €2,661,963.64 in total expenditure [2]. Summary by Sections Share Buy-Back Transactions - On October 2, 2025, BIC repurchased 8,016 shares at an average price of €53.1000, totaling €425,648.00 [2] - On October 29, 2025, BIC bought back 13,108 shares at an average price of €49.8128, amounting to €652,946.05 [2] - On October 30, 2025, 15,849 shares were repurchased at an average price of €49.1505, totaling €778,986.54 [2] - On October 31, 2025, BIC acquired 16,554 shares at an average price of €48.5915, resulting in an expenditure of €804,383.05 [2] - The total number of shares repurchased in October 2025 was 53,527, with an average price of €49.7312 [2] Company Overview - BIC is a global leader in stationery, lighters, and shavers, known for its commitment to high-quality and affordable products [4] - The company operates in over 160 countries with a workforce of more than 13,000 employees [4] - BIC's product portfolio includes well-known brands such as BIC® 4-Color™, BodyMark®, and Cristal®, among others [4] - BIC is listed on Euronext Paris and is part of the SBF120 and CAC Mid 60 indexes, emphasizing its market presence [4]

Core Points - As of October 31, 2025, the total number of issued shares of SOCIÉTÉ BIC is 41,621,162 shares [2] - The company has a total of 58,357,733 voting rights, with 57,750,137 voting rights excluding shares without voting rights [6] Company Overview - BIC is a global leader in stationery, lighters, and shavers, known for delivering high-quality, affordable products for 80 years [4] - The company operates in over 160 countries with a workforce of over 13,000 team members [4] - BIC's product portfolio includes well-known brands such as BIC® 4-Color™, BodyMark®, and Cristal®, among others [4] - BIC is listed on Euronext Paris and is part of the SBF120 and CAC Mid 60 indexes, emphasizing its market presence [4]

Core Insights - BIC's Q3 2025 net sales were 519 million euros, reflecting a slight increase of +0.3% at constant currency but a decrease of -3.3% when excluding Tangle Teezer [2][4] - The company announced the divestiture of its Cello activities in India, indicating a strategic shift as the growth and profitability of these operations no longer aligned with BIC's ambitions [3][21][22] - Following a soft performance in Q3, BIC revised its FY 2025 outlook, anticipating net sales growth at constant currency in the range of -1% to -1.5% and an adjusted EBIT margin around 13.7% [7][11][8] Financial Performance - Q3 2025 net sales by division showed varied performance: - Human Expression: 192 million euros, down -0.5% at constant currency [6][10] - Flame for Life: 175 million euros, down -4.3% at constant currency [6][15] - Blade Excellence: 146 million euros, up +7.4% at constant currency, but down -6.1% excluding Tangle Teezer [6][20] - For the first nine months of 2025, net sales were 1,595 million euros, a decrease of -5.0% compared to the same period in 2024 [4][25] Regional Performance - In Europe, Q3 net sales were relatively flat at constant currency, with strong Back-to-School sales in Eastern Europe, Germany, and the UK, but weaker performance in Southern Europe [12][24] - North America experienced high-single-digit growth in Q3, driven by a solid performance in the US stationery market, although this was partially offset by poor results in other segments [12][24] - Latin America saw a decline in Q3 net sales, primarily due to competitive pressures in Mexico, while Brazil showed slight improvement [12][24] Strategic Actions - The divestiture of Cello activities in India is part of a broader strategy to sharpen focus on operations and invest in markets with a winning strategy [21][23] - CEO Rob Versloot emphasized the need for swift action to define a clear plan for BIC's future, indicating a commitment to improving operational performance [6][8][23]

Core Insights - Canada's Prime Minister Mark Carney announced an expansion of the country's commitment to regional cybersecurity capacity-building in ASEAN [1] - The initiative involves a CAD $226,000 investment from Global Affairs Canada to train cyber-defenders at the BlackBerry Cybersecurity Center of Excellence (CCoE) in Cyberjaya, Malaysia [1] Company and Industry Summary - BlackBerry Limited is collaborating with the Malaysia Communications and Multimedia Commission (MCMC) to deliver training programs for cyber-defenders [1] - The training will enhance cybersecurity skills across the ASEAN region, reflecting a growing focus on regional cyber resilience and workforce development [1]

Core Points - BlackBerry Limited and Universiti Kebangsaan Malaysia (UKM) have signed a Memorandum of Understanding (MOU) to establish a multi-year education partnership aimed at developing cyber-leaders and embedded software engineers in Malaysia [1] - The partnership supports Malaysia's objectives to enhance digital talent, improve industry competitiveness, and strengthen regional cyber resilience within ASEAN [1] - The signing of the MOU was attended by key officials, including Malaysia's Minister of Higher Education and Canada's Minister of International Trade, during the 47th ASEAN Summit in Kuala Lumpur [1]

Core Insights - Malaysia has expanded the deployment of BlackBerry's secure communication solutions, AtHoc and SecuSUITE, to enhance security during the ASEAN Summits in 2025 [1][5] - The use of these technologies aims to protect sensitive communications and improve coordination among various government agencies involved in the Summits [3][4] Company Update - BlackBerry AtHoc is utilized for secure emergency notifications and incident response, facilitating real-time coordination across agencies [4] - BlackBerry SecuSUITE is a military-grade secure voice and messaging solution that safeguards sensitive conversations from interception [4][5] - The deployment of these solutions is part of Malaysia's efforts to set a new standard for sovereign secure communications during high-profile events [5][8] Operational Details - During the 46th ASEAN Summit, 100 liaison officers used BlackBerry AtHoc for secure, location-based alerts and coordination [6] - For the upcoming 47th Summit, the number of liaison officers will increase to 150, all equipped with AtHoc and SecuSUITE on mobile devices [6][7] - The technology used is comparable to that employed during the G7 Summits, highlighting its effectiveness in ensuring operational resilience and inter-agency collaboration [8]

Core Viewpoint - BlackBerry Limited (BB) is showing potential for a bullish breakout due to a recent technical indicator known as a "golden cross" [1] Technical Analysis - BB's 50-day simple moving average has recently crossed above its 200-day moving average, indicating a potential bullish trend [1] - A golden cross typically signifies a reversal from a downtrend to an upward trend, consisting of three stages: a downtrend, the crossover of moving averages, and a subsequent price increase [2] Performance Metrics - BB has experienced a 6.7% increase in stock price over the last four weeks, suggesting positive momentum [3] - The company holds a 1 (Strong Buy) rating on the Zacks Rank, indicating strong investor interest [3] Earnings Outlook - The earnings outlook for BB is positive, with no downward revisions in earnings estimates over the past two months and one upward revision, leading to an increase in the Zacks Consensus Estimate [3][5] - The combination of positive earnings revisions and technical indicators suggests that BB may continue to see gains in the near future [5]