BlackBerry Limited (BB)

[Nelson2]

Just doesn’t look that bad??

Because of these near-term headwinds, we're taking a more conservative view on our Q4 outlook. That said, we continue to expect QNX to have its strongest quarter ever, with revenue in the range of $62 million to $66 million.

Cybersecurity business unit.

we expect revenue to be in the range of $83 million to $88 million for the quarter. This is lower than our previous outlook, primarily because of the reassessment of the likelihood, size, and timing of some of the large government deals in the pipeline. We also expect ARR to stabilize and to be flat sequentially.