$BlackBerry(BB)$$BB BlackBerry - UNLEASH THE BEAST!!! (Post earning analysis) ???
My fellow APES, here is my post earnings analysis for $BB BlackBerry. It's time to wake up the Sleeping Giant and UNLEASH THE BEAST!!! ✊
This opportunity is like buying $AMD sub $2 before SU BAE took the stock to $100! ?
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**Earning Results: (Beat on top line + Beat on the bottom line + Raised Guidance)**
BlackBerry revenue of $175M beat consensus by $11M, with Cybersecurity beating by $3M, IoT beating by another $3M and Licensing beating by $5M. Shares have been up 8-10% after hours. I personally can't remember the last time BlackBerry had a revenue beat.
**Customer wins:**
1. Top 10 automotive OEM chose BlackBerry Protect & Optics, after going head-to-head against CrowdStrike
2. Fortune 100 financial firm chose BlackBerry Protect & Optics, displacing Microsoft Defender
3. Australian Gov chose BlackBerry Protect & Optics, displacing Trend Micro and Symantec Norton Life Lock
**Patent Sale Date:**
John Chen on the conference call said price has been decided and 80% chance the rest gets closed/announced before the end of this quarter (before year end)
What’s interesting is that he said he’s got other buyers lined up and that the current company (or companies) had exclusive negotiating rights
With billions being thrown around in this space, he’s going to get a VERY good price for his IP (Intellectual Property)/licensing
This is awesome!
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