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 worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded... see more

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BlackBerry Ltd > From bvr on ST

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Post by Digby8 on Apr 27, 2022 10:00am

From bvr on ST

bvr5m

 				$BB Q4 transcript: blackberry.com/us/en/pdfvie... "going forward, we will start to provide quarterly billings information for our cyber business as part of our ongoing reporting" "For the Cyber business, we expect to deliver billings growth between 8% to 12% this fiscal year,"
 				
 				"For the IoT business, we expect to see continued strong growth despite the ongoing headwinds for the auto industry. We expect revenue for the year to be in the range of $200 million to $210 million, representing a 12% to 18% growth year-over-year."
 				
 				Cyber business has a product mix of endpoint management (UEM) and cybersecurity (UES - this is the part that competes with CRWD). UES growth just balance out the UEM decline (one S-curve replacing another S-curve). Therefore cyber revenue is projected to be flat for FY23.