BlackBerry Reiterates Total Company Revenue Outlook Of $150M-$159M (Est $153.85M) And For Cybersecurity ARR To Stabilize Sequentially In The Current Quarter
Portfolio Pulse from Benzinga Newsdesk
BlackBerry has reaffirmed its total company revenue forecast to be between $150M-$159M, aligning with the estimated $153.85M. Additionally, the company expects its Cybersecurity Annual Recurring Revenue (ARR) to stabilize in the current quarter.
February 12, 2024 | 10:54 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
BlackBerry reiterates its revenue forecast between $150M-$159M, estimated at $153.85M, and expects Cybersecurity ARR to stabilize.
Reiterating a positive revenue outlook and stabilization in Cybersecurity ARR indicates strong performance and potential growth in key areas. This reaffirmation could boost investor confidence and positively impact BlackBerry's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100