Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

BRIEF-Blackberry Sees Revenue Growth Of Between 23 Pct To 27 Pct In Fiscal 2020 - CEO, Conf. Call

Published 2019-03-29, 08:50 a/m
© Reuters.  BRIEF-Blackberry Sees Revenue Growth Of Between 23 Pct To 27 Pct In Fiscal 2020 - CEO, Conf. Call
BB
-

March 29 (Reuters) - BlackBerry Ltd BB.TO :

* THIS IS THE LAST QUARTER OF YOY COMPARATIVE IMPACT RELATED TO THE IMPLEMENTATION OF THE ASC 606 - CEO, CONF. CALL

* STRENGTH IN QUARTER CAME FROM MAINLY FINANCIAL SERVICES AND GOVERNMENT VERTICALS - CEO, CONF. CALL

* RECEIVED OVER 400 ORDERS FROM BANKING CUSTOMERS AROUND THE WORLD IN FINANCIAL SERVICES VERTICAL - CEO, CONF. CALL

* SEES $270 MILLION IN LICENSING REVENUE IN FISCAL YEAR 2020 - CEO, CONF. CALL

* FOR FISCAL 2020, CO ORGANIZING 3 BUSINESS UNITS - IOT, BLACKBERRY CYLANCE AND LICENSING - CEO, CONF. CALL

* SEES REVENUE GROWTH BETWEEN 23 PERCENT-27 PERCENT IN FISCAL 2020 - CEO, CONF. CALL

* SEES GROWTH IN IOT BUSINESS UNIT OF 12 PERCENT TO 16 PERCENT IN FISCAL 2020 - CEO, CONF. CALL

* SEES LICENSING REVENUE TO FALL 5 PERCENT YEAR-OVER-YEAR IN FISCAL 2020 - CEO, CONF. CALL

* EXPECT TECHNOLOGY SOLUTIONS TO GROW FASTER THAN ENTERPRISE SOFTWARE UNIT - CEO, CONF. CALL

* EXPECT BLACKBERRY CYLANCE GROWTH BETWEEN 25 PERCENT TO 30 PERCENT IN FISCAL 2020 FROM BASE OF $170 MILLION - CEO, CONF. CALL

* CURRENTLY HAVE OVER 100 PATENTS IN APPLICATION - CEO, CONF. CALL

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.