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Nelson2

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Nelson2

Re: None

Thursday, 12/21/2023 5:14:34 PM

Thursday, December 21, 2023 5:14:34 PM

Post# of 16338
How bad is it, really?

“In the fiscal third quarter, BlackBerry posted a surprise profit of $0.01 per share. Analysts had been looking for a loss. Sales were up 32.5% quarter over quarter to $175 million, also better than expected.
3

The company benefited from a big gain in its cybersecurity business, with revenue of $144 million, a 44% jump from the second quarter and an 8% rise from the year before. Giamatteo noted that the unit secured "large strategic deals with leading government agencies that helped drive strong sequential revenue growth and margin expansion."
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