BlackBerry Limited’s (BB) shares have rallied 38.9%, significantly outpacing the Computer Software industry’s decline of 0.6% and the S&P 500 composite’s growth of 2.5% year to date.Blackberry has also outperformed the broader Zacks Computer & Technology sector’s return of 1% and peers within the cybersecurity space, such as Fortinet (FTNT) and CrowdStrike Holdings, Inc. (CRWD) , which have gained 14% and 23.3%, respectively, over the same time frame.Price PerformanceImage Source: Zacks Investment ResearchB ...

Core Insights - BlackBerry's stock experienced an over 18% increase in the past five trading days, driven by the completion of an asset sale [1] - The sale involved the endpoint security assets of BlackBerry's Cylance cybersecurity unit to Arctic Wolf, a U.S.-based cybersecurity company [2] Financial Details - The transaction was a cash-and-stock deal, with BlackBerry set to receive $160 million in cash upfront and approximately 5.5 million shares of Arctic Wolf [3] - The agreement specified that BlackBerry would receive around $80 million at closing and an additional $40 million one year later [3] Strategic Importance - BlackBerry's CEO described the sale as "pivotal" and emphasized the company's intention to maintain a relationship with Arctic Wolf as a customer and reseller [4] - The acquisition of Cylance in 2019 for $1.4 billion was aimed at enhancing BlackBerry's security offerings through artificial intelligence [4]

Company Overview - As of January 31, 2025, the total number of issued shares of SOCIÉTÉ BIC is 41,621,162 shares [2] - BIC is a global leader in stationery, lighters, and shavers, with a presence in over 160 countries and a workforce of over 14,000 team members [2] - BIC's product portfolio includes iconic brands such as BIC® 4-Color™, BodyMark®, Cello®, Cristal®, and many others [2] Voting Rights - The total number of voting rights is 59,846,131, with 59,406,931 voting rights excluding shares without voting rights [6] Upcoming Financial Results - Full Year 2024 Results are scheduled for February 18, 2025, post market close [4] - First Quarter 2025 Results are scheduled for April 23, 2025, post market close [4]

Disclosure Of Trading In Own SharesFor January 2025 CLICHY – February 04, 2025 In compliance with general regulation on share buy-backs, SOCIÉTÉ BIC declares below the transactions made on its own shares for January 2025: No transactions for January 2025. ABOUT BIC A global leader in stationery, lighters, and shavers, BIC brings simplicity and joy to everyday life. For 80 years, BIC’s commitment to delivering high-quality, affordable, and trusted products has established BIC as a symbol of reliability and i ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. BlackBerry (BB) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.BlackBerry is one of 609 companies in the Computer and Te ...

BlackBerry Limited (BB) has sold its Cylance endpoint security assets to Arctic Wolf. On Dec. 15, 2024, BlackBerry and Arctic Wolf, a global leader in security operations helping customers manage cyber risks with its advanced cloud-native security platform, signed a definitive agreement.BB’s shares are up 2% in the pre-market trading session on Feb. 4.The deal, valued at roughly $160 million, includes cash considerations and Arctic Wolf’s common shares. Per the terms of the agreement, following purchase pri ...

Toronto, Ontario--(Newsfile Corp. - February 4, 2025) - John Giamatteo, Chief Executive Officer, BlackBerry Limited, Tim Foote, Chief Financial Officer, BlackBerry Limited ("BlackBerry " or the "Company") (TSX: BB) and their team, joined Dani Lipkin, Managing Director, Global Innovation Sector, Toronto Stock Exchange (TSX), to open the market to celebrate the Company's long-lasting relationship with Toronto Stock Exchange. Cannot view this video? Visit:https://www.youtube.com/watch?v=K268A2ctLpgBlackBerry ...

Company Overview - As of December 31, 2024, the total number of issued shares of SOCIÉTÉ BIC is 41,621,162 shares [2] - BIC is a global leader in stationery, lighters, and shavers, with a presence in over 160 countries and more than 14,000 team members worldwide [2] - BIC's product portfolio includes iconic brands such as BIC® 4-Color™, BodyMark®, Cello®, Cristal®, and many others [2] Voting Rights - The total number of voting rights is 59,846,577, with 59,417,857 voting rights excluding shares without voting rights [5] Upcoming Financial Results - The full year 2024 results are scheduled to be released on February 18, 2025, post market close [3] - The first quarter 2025 results are set to be announced on April 23, 2025, also post market close [3]

Key Points Company and Industry Information 1. **Company Name and Industry**: The company discussed in the call is BlackBerry Limited (NYSE:BB), operating in the infrastructure software industry. 2. **Event**: The call took place at the 27th Annual Needham Growth Conference on January 14, 2025. 3. **Participants**: John Giamatteo (CEO) and Tim Foote (CFO) from BlackBerry Limited, and Matt Calitri from Needham & Company. Core Views and Arguments 1. **Progress and Future Direction**: John Giamatteo, CEO of BlackBerry, highlighted the company's progress over the past year and discussed future plans, indicating renewed interest and excitement around the company's momentum. 2. **Five Key Reasons**: Tim Foote, CFO, mentioned five reasons why everyone should be interested in BlackBerry, although the specific reasons were not detailed in the provided text. Other Important Content 1. **Safe Harbor Statement**: A brief mention of the safe harbor statement, indicating that some information may be forward-looking. 2. **CEO Introduction**: John Giamatteo introduced himself as the CEO of BlackBerry and expressed his pleasure in being at the conference. 3. **Technical Glitch**: There was a technical issue with the presentation, which was resolved by an unidentified company representative.

Price Performance - BlackBerry Limited's (BB) shares have rallied 68.5% in the past three months, significantly outpacing the industry's growth of 2.7% and the S&P 500 composite's growth of 4.2% [1] - BB has outperformed the broader Zacks Computer & Technology sector's return of 8.3% and peers within the cybersecurity space, such as Fortinet, Inc. (FTNT) and CrowdStrike Holdings, Inc. (CRWD), which have gained 19.5% and 20.7%, respectively, over the same time frame [3] Strategic Developments - BB's QNX unit announced multiple collaborations, including one with tech giant Microsoft Corporation (MSFT) [4] - The company announced a divisional rebranding and the relaunch of its QNX brand, renaming its IoT division to "QNX" [4] - BB unveiled the QNX Cabin, a cutting-edge solution enabling original equipment manufacturers to virtualize digital cockpit development in the cloud [7] - QNX and Microsoft partnered to bring the QNX Software Development Platform 8.0 to Microsoft Azure, offering automakers a comprehensive cloud-based environment [8] - QNX, along with Vector and TTTech Auto, announced a multi-year global collaboration to develop a foundational vehicle software platform [9] Financial Performance - BB reported solid adjusted EBITDA performance and positive free cash flow ahead of schedule in its third-quarter fiscal 2025 results [5] - The sale of its Cylance business to Arctic Wolf in December 2024 is valued at roughly $160 million, including cash considerations and Arctic Wolf's common shares [11] - BB will receive almost $80 million in cash at settlement and another $40 million a year after settlement, along with around 5.5 million common shares from Arctic Wolf [11] - For the Secure Communications division, revenues are expected to be in the range of $267-$271 million [13] Analyst Sentiment - EPS estimates for the current fiscal year have improved to 1 cent compared with a loss of 2 cents in the past 60 days [14] - For the next fiscal year, estimates have improved to 7 cents from 2 cents over the same time period [14] - BB stock is trading at a discount with a trailing 12-month price/book multiple of 3.31 compared with the industry's multiple of 8.93 [15] Technical Indicators - The stock is trading above its 50-day and 100-day moving averages, indicating upward momentum and price stability [16] Investment Potential - BB currently has a Zacks Rank 1 (Strong Buy) and a Momentum Score of B, indicating solid investment opportunities [17]