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Bullboard - Stock Discussion Forum BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments around the world. The Company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The Cybersecurity segment consists of BlackBerry Spark, BlackBerry SecuSUITE and BlackBerry AtHoc. The IoT business consists of BlackBerry Technology... see more

TSX:BB - Post Discussion

BlackBerry Ltd > Growth so close I can taste it
View:
Post by nellybb on Dec 20, 2022 9:38pm

Growth so close I can taste it

Turning to outlook. We expect to see improvement in both, customer churn and new logo acquisitions continuing next quarter. We are not changing our outlook for cyber -- by cyber revenue and billings. But as previously mentioned, Q4 outlook includes some large potential government deals that the team is working hard to close. As always, with larger deal of this nature, timing can’t be predictable. However, regardless of whether we're able to close this deal in time for Q4 or if they slip in Q1, we expect to deliver sequential billings growth in the quarter. This would mean sequential billing growth for the third quarter in a row. What's more, we currently expect to see the value of billings in Q4 exceeding revenue. This is a strong leading indicator and we expect a return to ARR growth in the second half of next fiscal year.
Comment by dwolfenson on Dec 20, 2022 9:50pm
Excellent posts, Nelly! Thank you! EOM
Comment by nellybb on Dec 20, 2022 9:56pm
Your so welcome, we provide our truth in a board filled with lie's and hate. God bless yasch22 dewolfenson nellybb. Long life the 3 musketeers 
Comment by downwithdotcom1 on Dec 20, 2022 11:39pm
"we provide our truth in a board filled with lie's and hate"  OH REALLY?? Before you "get a room" ,How about some facts?? BB said on Tuesday the sales cycles for its cybersecurity software have become longer and it expects the current macroeconomic environment to pose more challenges in the near term. Revenue from the segment in the third quarter fell about ...more  
Comment by Jubatus22 on Dec 21, 2022 7:56am
fact
Comment by dwolfenson on Dec 21, 2022 2:51am
'All for one and one for all.'  ;) :)
Comment by Yasch22 on Dec 20, 2022 10:41pm
This post has been removed in accordance with Community Policy
Comment by Joey67 on Dec 21, 2022 6:34am
This post has been removed in accordance with Community Policy