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BlackBerry forecasts upbeat quarterly revenue, says turnaround complete

BB
Corporate Guidance & OutlookCorporate EarningsCybersecurity & Data PrivacyTechnology & InnovationCompany FundamentalsAnalyst Estimates

BlackBerry forecast first-quarter revenue above analyst estimates, driven by strong demand in its cybersecurity and embedded software divisions. Management says the company's turnaround is gaining traction, supporting improving fundamentals and a potentially modest positive re-rating for the stock.

Analysis

BlackBerry forecast first-quarter revenue above analyst estimates, driven by strong demand in its cybersecurity and embedded software divisions. Management says the company's turnaround is gaining traction, supporting improving fundamentals and a potentially modest positive re-rating for the stock.

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