BlackBerry jumped over 6% in premarket trading

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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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Comment（22）

HoSeyLiao48
·2021-09-27
[齜牙] [賤笑]
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丰人
·2021-09-25
Good.
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4
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Chris68
·2021-09-24
We need $BB to soar to $15 ????
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4
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- koolgal:
  Yes BB to the moon????????
  2021-09-27
  Reply
  Report
SeahBW
·2021-09-24
Go go go![開心]
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3
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FlareSpark
·2021-09-24
Failure to react to market like old Apple cause their downfall
Reply
7
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- KLCC:
  React? How?
  2021-09-24
  Reply
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Toby_Chua
·2021-09-23
BB waking up
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4
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- Sharon87:
  Yesss it’s been awhile! Time to wake up
  2021-09-24
  Reply
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KLCC
·2021-09-23
Wow!! BB still can recover back 10% leh!?
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6
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- BettyT:
  Good news!
  2021-09-23
  Reply
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Panthera
·2021-09-23
Back In Black !
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3
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Deonc
·2021-09-23
Ok, please like
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4
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JasonTan00
·2021-09-23
nice
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2
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Kundos
·2021-09-23
Good
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1
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HandsomeLee
·2021-09-23
Congrats then.. became a buy and dump
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2
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KHYAP
·2021-09-23
??
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1
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- gl8089:
  nice
  2021-09-23
  Reply
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STSL
·2021-09-23
Pls like
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5
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- Hb_:
  w
  2021-09-23
  Reply
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rockinfreaka
·2021-09-23
[開心]
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4
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skyel
·2021-09-23
To the moon
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5
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- koolgal:
  Yes???
  2021-10-01
  Reply
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- KLCC:
  And beyond!!!
  2021-09-23
  Reply
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Heng08
·2021-09-23
Nice ?
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3
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Sagu
·2021-09-23
Blast off ? yay
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10
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- GuanJL:
  ?
  2021-09-24
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- soybeans:
  STONKS!
  2021-09-23
  Reply
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- D199991D:
  Yay!
  2021-09-23
  Reply
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Aeron2020
·2021-09-23
Ok
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- Aeron2020:
  [惊讶]
  2021-09-23
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- Aeron2020:
  [惊讶]
  2021-09-23
  Reply
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q14n
·2021-09-23
Finally!
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6
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go![開心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/863789932","repostId":1145961201,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":863457014,"gmtCreate":1632417456838,"gmtModify":1676530778454,"author":{"id":"3584955097359320","authorId":"3584955097359320","name":"FlareSpark","avatar":"https://static.tigerbbs.com/38942f5d417a8d645800903b08402b4e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3584955097359320","idStr":"3584955097359320"},"htmlText":"Failure to react to market&nbsp;like old Apple cause their downfall","listText":"Failure to react to market&nbsp;like old Apple cause their downfall","text":"Failure to react to market like old Apple cause their 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BB still can recover back 10% leh!?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/863257974","repostId":1145961201,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5972928,"gmtCreate":1632407772502,"gmtModify":1663234338225,"authorId":3580536610076415,"author":{"id":3580536610076415,"idStr":"3580536610076415","authorId":3580536610076415,"name":"BettyT","avatar":"https://static.tigerbbs.com/6a4dfe2f455acd2af7629f83ce30e20c","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":863257974,"type":1,"supId":0,"prevId":0,"content":"Good news! ","text":"Good news! ","html":"Good news! 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