BlackBerry jumped over 6% in premarket trading

Tiger Newspress2021-09-23

(Sept 23) BlackBerry jumped over 6% in premarket trading. BlackBerry EPS beats by $0.01, beats on revenue.

  • BlackBerry: Q2 Non-GAAP EPS of -$0.06beats by $0.01; GAAP EPS of -$0.25misses by $0.12.
  • Revenue of $175M (-32.4% Y/Y)beats by $10.72M.
  • Non-GAAP gross margin was 64.6% vs. 77.2% Y/Y, consensus of  64.8%.
  • Total cash, cash equivalents, short-term and long-term investments were $772 million.
  • "Revenue for all businesses beat expectations this quarter.  The Cyber Security business unit delivered robust sequential billings and revenue growth and the IoT business unit performed well in the face of global chip shortage pressures," said John Chen, Executive Chairman & CEO.

Outlook:BlackBerry will provide fiscal year 2022 outlook in connection with the quarterly earnings announcement on its earningsconference call.

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Comments

  • HoSeyLiao48
    2021-09-27
    HoSeyLiao48
    [齜牙] [賤笑] 
  • 丰人
    2021-09-25
    丰人
    Good.
  • Chris68
    2021-09-24
    Chris68
    We need $BB to soar to $15 ????
    • koolgal
      Yes BB to the moon????????
  • SeahBW
    2021-09-24
    SeahBW
    Go go go![開心] 
  • FlareSpark
    2021-09-24
    FlareSpark
    Failure to react to market like old Apple cause their downfall
  • Toby_Chua
    2021-09-23
    Toby_Chua
    BB waking up 
    • Sharon87
      Yesss it’s been awhile! Time to wake up
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