BlackBerry Up 5% As Expects a "Return To Profitability" In FY25

MT Newswires10-17

BlackBerry Limited (BB.TO) was at last look up 5% in Wednesday afternoon trade on the TSX after saying it expects a "return to profitability" In fiscal year 2025, from a "significant loss position" in...

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revenue and profitability forecasts for each division and the company as a whole for fiscal 2026 and 2027; and capital allocation p","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4097":"系统软件","BB":"黑莓","BK4547":"WSB热门概念"},"translate_title":"黑莓股价上涨5%，预计2025财年将“恢复盈利”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BB":0.9},"content_text":"BlackBerry Limited (BB.TO) was at last look up 5% in Wednesday afternoon trade on the TSX after saying it expects a \"return to profitability\" In fiscal year 2025, from a \"significant loss position\" in fiscal year 2023.\n\n At its 2024 Investor Day, Blackberry said revenues for 2025, 2026 and 2027 are anticipated to be between US$591-$616 million, US$620-$650 million and US$655-$685 million respectively.\n This would represent a compounded annual growth rate of 5% over those three fiscal years. \n\n Meanwhile, the Adjusted gross margins for the same three years were forecast at 71%, 73%, and 74% respectively.\n\n Meanwhile, Adjusted EBITDA for the the same three fiscal years is anticipated to be US$0-$10 million, US$50-65 million and US$80-95 million respectively, with adjusted EBITDA margins of 2%, 10% and 14% respectively. \n\n At the Investor Day Blackberry provided profitability details for the company's IoT and Cybersecurity divisions, including for the Cylance business; 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