BlackBerry Limited (BB)

[Nelson2]

Man, when you read this you would think blow out. Then he gives softening guidance….

“BlackBerry Q3 Results Beat Top And Bottomline Estimates, Company Issues Guidance, Stock Sinks -

Summary
1. BlackBerry reported better-than-expected earnings and revenue for the third quarter, with earnings of one cent per share and revenue of $175 million.
2. The company's Cybersecurity segment saw significant growth, with a 44% sequential and 8% year-over-year increase in revenue, as well as strong billings and ARR.
3. BlackBerry's total revenue for the next quarter is expected to be lower than analyst estimates, but the company's CEO remains optimistic about the growth and success of their IoT and Cybersecurity businesses.