09-24-2021, 10:20 AM
BlackBerry has huge potential - my opinion
<!-- SC_OFF --><div class="md"><p><strong>Earning Results: (Beat on top line + Beat on the bottom line + Raised Guidance)</strong></p> <p>BlackBerry revenue of $175M beat consensus by $11M, with Cybersecurity beating by $3M, IoT beating by another $3M and Licensing beating by $5M. Shares have been up 8-10% after hours. I personally can't remember the last time BlackBerry had a revenue beat.</p> <p><strong>Customer wins:</strong></p> <ol> <li>Top 10 automotive OEM chose BlackBerry Protect & Optics, after going head-to-head against CrowdStrike</li> <li>Fortune 100 financial firm chose BlackBerry Protect & Optics, displacing Microsoft Defender</li> <li>Australian Gov chose BlackBerry Protect & Optics, displacing Trend Micro and Symantec Norton Life Lock</li> </ol> <p><strong>Patent Sale Date:</strong></p> <p>John Chen on the conference call said price has been decided and 80% chance the rest gets closed/announced before the end of this quarter (before year end)</p> <p>What’s interesting is that he said he’s got other buyers lined up and that the current company (or companies) had exclusive negotiating rights</p> <p>With billions being thrown around in this space, he’s going to get a VERY good price for his IP (Intellectual Property)/licensing</p> <p>This is awesome!</p> <p><strong>IVY + Amazon (IoT and the Connected Car):</strong></p> <p>IVY Beta will be available October 2021 which is much sooner than expected and will have embedded battery efficiency and Payment platform Apps</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/CryptoFilip"> /u/CryptoFilip </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/puabh2/blackberry_has_huge_potential_my_opinion/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/puabh2/blackberry_has_huge_potential_my_opinion/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p><strong>Earning Results: (Beat on top line + Beat on the bottom line + Raised Guidance)</strong></p> <p>BlackBerry revenue of $175M beat consensus by $11M, with Cybersecurity beating by $3M, IoT beating by another $3M and Licensing beating by $5M. Shares have been up 8-10% after hours. I personally can't remember the last time BlackBerry had a revenue beat.</p> <p><strong>Customer wins:</strong></p> <ol> <li>Top 10 automotive OEM chose BlackBerry Protect & Optics, after going head-to-head against CrowdStrike</li> <li>Fortune 100 financial firm chose BlackBerry Protect & Optics, displacing Microsoft Defender</li> <li>Australian Gov chose BlackBerry Protect & Optics, displacing Trend Micro and Symantec Norton Life Lock</li> </ol> <p><strong>Patent Sale Date:</strong></p> <p>John Chen on the conference call said price has been decided and 80% chance the rest gets closed/announced before the end of this quarter (before year end)</p> <p>What’s interesting is that he said he’s got other buyers lined up and that the current company (or companies) had exclusive negotiating rights</p> <p>With billions being thrown around in this space, he’s going to get a VERY good price for his IP (Intellectual Property)/licensing</p> <p>This is awesome!</p> <p><strong>IVY + Amazon (IoT and the Connected Car):</strong></p> <p>IVY Beta will be available October 2021 which is much sooner than expected and will have embedded battery efficiency and Payment platform Apps</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/CryptoFilip"> /u/CryptoFilip </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/puabh2/blackberry_has_huge_potential_my_opinion/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/puabh2/blackberry_has_huge_potential_my_opinion/">[comments]</a></span>Kind Regards R