BlackBerry Q4 FY2024 Earnings: Still A Sell Despite Positive Elements [Seeking Alpha]
BlackBerry Limited (BB)
Last blackberry limited earnings: 3/31 04:05 pm
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US:NYSE Investor Relations:
us.blackberry.com/company/investors
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Source: Seeking Alpha
The company's IoT segment shows promise, but challenges in software-defined vehicle programs and budget constraints hinder growth. BlackBerry's valuation at 53x forward EBITDA is considered too high. Looking for a helping hand in the market? Members of Deep Value Returns get exclusive ideas and guidance to navigate any climate. Learn More » Investment Thesis BlackBerry ( NYSE: BB ) delivered a very mixed set of fiscal Q4 2024 results . Simply put, its guidance is better than what seems on the surface. This is contrary to what many investors have opined. Nevertheless, despite BlackBerry pointing to some traction in fiscal 2025 (not to be confused with calendar year), I maintain that this stock is a sell. Rapid Recap Back in November, I noted in a bearish analysis BlackBerry has for a long time been a battleground stock, with passionate bulls and bears both arguing for their side. And for a long while, it succeeded in plowing through. But I believe that in the past fe
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News
- BlackBerry (BB) Rises But Trails Market: What Investors Should Know [Yahoo! Finance]Yahoo! Finance
- BlackBerry (BB) Up 1.4% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
- BlackBerry Launches CylanceMDR, An Expert Driven and AI-Powered Managed Detection and Response Solution [Yahoo! Finance]Yahoo! Finance
- BlackBerry Launches CylanceMDR, An Expert Driven and AI-Powered Managed Detection and Response SolutionPR Newswire
- BlackBerry Introduces Cylance Assistant, the Next Level of Cybersecurity with Generative AI Capabilities [Yahoo! Finance]Yahoo! Finance
BB
Earnings
- 4/3/24 - Beat
BB
Sec Filings
- 4/15/24 - Form 4
- 4/12/24 - Form 4
- 4/4/24 - Form 10-K
- BB's page on the SEC website