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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.

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Comment22

  • HoSeyLiao48
    ·2021-09-27
    [齜牙] [賤笑] 
    Reply
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  • 丰人
    ·2021-09-25
    Good.
    Reply
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  • Chris68
    ·2021-09-24
    We need $BB to soar to $15 ????
    Reply
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    Fold Replies
    • koolgal
      Yes BB to the moon????????
      2021-09-27
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  • SeahBW
    ·2021-09-24
    Go go go![開心] 
    Reply
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  • FlareSpark
    ·2021-09-24
    Failure to react to market like old Apple cause their downfall
    Reply
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    Fold Replies
    • KLCC
      React? How?
      2021-09-24
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  • Toby_Chua
    ·2021-09-23
    BB waking up 
    Reply
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    • Sharon87
      Yesss it’s been awhile! Time to wake up
      2021-09-24
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  • KLCC
    ·2021-09-23
    Wow!! BB still can recover back 10% leh!?
    Reply
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    • BettyT
      Good news!
      2021-09-23
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  • Panthera
    ·2021-09-23
    Back In Black ! 
    Reply
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  • Deonc
    ·2021-09-23
    Ok, please like
    Reply
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  • JasonTan00
    ·2021-09-23
    nice
    Reply
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  • Kundos
    ·2021-09-23
    Good
    Reply
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  • HandsomeLee
    ·2021-09-23
    Congrats then.. became a buy and dump 
    Reply
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  • KHYAP
    ·2021-09-23
    ??
    Reply
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    • gl8089
      nice
      2021-09-23
      Reply
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  • STSL
    ·2021-09-23
    Pls like
    Reply
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    • Hb_
      w
      2021-09-23
      Reply
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  • rockinfreaka
    ·2021-09-23
    [開心] 
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  • skyel
    ·2021-09-23
    To the moon
    Reply
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    Fold Replies
    • 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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  • Sagu
    ·2021-09-23
    Blast off ? yay
    Reply
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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
    Reply
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    • Aeron2020
      [惊讶]
      2021-09-23
      Reply
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    • Aeron2020
      [惊讶]
      2021-09-23
      Reply
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  • q14n
    ·2021-09-23
    Finally!
    Reply
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