The SDV Innovator Awards program was established to honor the next phase of automobile technology, with the goal of elevating and highlighting those who are leading the automotive industry's foundational shift from hardware to software. MotorTrend introduced the awards to recognize innovators who are redefining how vehicles are designed, manufactured, operated, and experienced. Winners were awarded in the Pioneer, Leader, and Expert categories, as chosen by a panel of jurors from MotorTrend's editorial team ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...

Is BlackBerry on the verge of scoring big wins with the Internet of Things?BlackBerry (BB 8.89%) stock is posting big gains in Monday's trading. The company's share price was up 11% as of 11:15 a.m. ET. Meanwhile, the S&P 500 (^GSPC 1.27%) was up 1.2%, and the Nasdaq Composite (^IXIC 1.85%) was up 1.9%.BlackBerry stock is surging today thanks to a series of announcements from the company's QNX division, which is focused on creating software for vehicles. In addition to announcing a new software platform and ...

SOCIETE BIC Half-Year liquidity contract statement Clichy, France – January 6, 2025 Under the liquidity contract entered into between SOCIETE BIC and NATIXIS ODDO BHF, the following resources appeared on the liquidity account as of 31 December 2024: 12,955 shares€2,583,022.41 Is it reminded that, at the time of implementation of the liquidity contract, the following assets appeared: 13,169 shares€2,390,514.77 From July 1 to December 31, 2024 the following transactions were negotiated: 2,707 purchases2,560 ...

Disclosure Of Trading In Own SharesFor December 2024 CLICHY – January 06, 2025 In compliance with general regulation on share buy-backs, SOCIÉTÉ BIC declares below the transactions made on its own shares for December 2024: Date Number of shares Average weighted price in € Amount in € 12/02/2024 7,175 62.6602 449,586.94 12/03/2024 2 62.6000 <td style="width:12.43%;;text-align: right ; vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1 ...

Earnings Estimate Revisions and Stock Price Impact - Earnings estimate revisions are one of the most powerful forces impacting stock prices [2][3] - The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are strongly correlated [12] - Institutional investors use earnings and earnings estimates to calculate the fair value of a company's shares, leading to price movements based on their investment actions [12] - Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements [13] BlackBerry's Earnings Outlook and Zacks Rank Upgrade - BlackBerry has been upgraded to a Zacks Rank 1 (Strong Buy), positioning it in the top 5% of Zacks-covered stocks in terms of estimate revisions [1][6] - The upgrade reflects an upward trend in earnings estimates, which is a positive comment on the company's earnings outlook [7] - Over the past three months, the Zacks Consensus Estimate for BlackBerry has increased by 66.7% [14] - BlackBerry is expected to earn $0.01 per share for the fiscal year ending February 2025, representing a year-over-year change of -80% [4] - The company's placement in the top 20% of Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term [15] Zacks Rank System and Its Effectiveness - The Zacks Rank system relies solely on a company's changing earnings picture, tracking EPS estimates for the current and following years through the Zacks Consensus Estimate [11] - The system classifies stocks into five groups, ranging from Zacks Rank 1 (Strong Buy) to Zacks Rank 5 (Strong Sell) [16] - Zacks Rank 1 stocks have generated an average annual return of +25% since 1988 [16] - Unlike Wall Street analysts' rating systems, which tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its universe of over 4,000 stocks [5] - The Zacks Rank system is particularly useful for individual investors, as it provides a more objective basis for investment decisions compared to Wall Street analysts' ratings, which are often driven by subjective factors [17]

BlackBerry Limited’s (BB) shares have rallied 47.1% in the past month, significantly outpacing the industry’s growth of 0.8% and the S&P 500 composite’s decline of 0.3%.Price PerformanceImage Source: Zacks Investment ResearchThe stock received impetus following the company’s announcement of the sale of its Cylance business to Arctic Wolf and third-quarter 2025 results, wherein BB reported solid adjusted EBITDA performance and positive free cash flow ahead of schedule.BB stock gained 2.7% last day and closed ...

In today's market, even the worst performing companies can see their stocks soar at times. It's sometimes hard to find a name that is doing badly on both the business side as well as its equity. One nameI am a market enthusiast and part-time trader. I started writing for Seeking Alpha in 2011, and it has been a tremendous opportunity and learning experience. I have been interested in the markets since elementary school, and hope to pursue a career in the investment management industry. I have been active in ...

Financial Performance - For the three months ended November 30, 2024, total segment revenue was $391 million, a decrease of 35.5% compared to $606 million for the same period in 2023[60]. - The Company reported a net loss of $19 million for the three months ended November 30, 2024, compared to a net income of $23 million for the same period in 2023[62]. - For the three months ended November 30, 2024, the company's revenue was $143 million, a decrease of 9% compared to $152 million for the same period in 2023[76]. - The net loss for the three months ended November 30, 2024, was $11 million, an improvement from a net loss of $21 million in the prior year, marking a 10% reduction[76]. - The company reported a net loss of $11 million, or $0.02 per share, for the three months ended November 30, 2024, compared to a net loss of $21 million, or $0.04 per share, for the same period in 2023[112]. - The company's revenue for the third quarter of fiscal 2025 was $391 million, a decrease of $215 million compared to $606 million in the same quarter of fiscal 2024[163]. Expenses and Cost Management - Research and development expenses for the three months ended November 30, 2024, were $36 million, down from $44 million in the same period of 2023, reflecting a decrease of 18.2%[60]. - Operating expenses decreased to $93 million from $101 million, representing an 8% reduction year-over-year[76]. - Research and development expenses for the three months were $27 million, down from $29 million, reflecting a 7% decrease[87]. - Total operating expenses for the nine months ended November 30, 2024, were $282 million, down from $342 million for the same period in 2023, a reduction of 17.6%[90]. - Adjusted operating expenses decreased by $9 million year-over-year to $79 million in Q3 fiscal 2025, primarily due to lower salaries and benefits expenses[134]. - General and administrative expenses decreased by $22 million, or 16.5%, in the first nine months of fiscal 2025 compared to the same period in fiscal 2024[180]. Revenue Streams and Growth Expectations - The Company anticipates revenue growth in fiscal 2025, driven by new product launches and market expansion efforts[44]. - BlackBerry IVY, an emerging intelligent vehicle data platform, is expected to enhance automakers' capabilities in accessing and utilizing vehicle sensor data[47]. - The licensing business remains a key component, managing a global patent portfolio that provides competitive advantages[47]. - The recurring software product revenue percentage was approximately 80% for the three months ended November 30, 2024, an increase from approximately 70% for the same period in 2023[97]. - The Company expects Secure Communications revenue to be between $62 million and $66 million in Q4 fiscal 2025[126]. - The company now expects IoT revenue for fiscal 2025 to be between $230 million and $235 million, up from the previous range of $225 million to $235 million[139]. Cash Flow and Financial Position - The company reported a free cash flow of $3 million for the three months ended November 30, 2024, compared to a usage of $33 million in the same period in 2023[93]. - The company had $266 million in cash, cash equivalents, and investments as of November 30, 2024, down from $298 million as of February 29, 2024[112]. - At November 30, 2024, cash and cash equivalents increased by $14 million to $189 million compared to $175 million at February 29, 2024[185]. - Current assets decreased by $53 million to $455 million at November 30, 2024, primarily due to a $31 million decrease in short-term investments[185]. Market and Strategic Initiatives - BlackBerry QNX continues to be a preferred supplier for safety-critical embedded systems, targeting industries such as automotive and medical devices[47]. - The Company expects IoT EBITDA to be in the range of $40 million to $45 million in fiscal 2025, with an EBITDA margin of approximately 18%[132]. - The Company has no intention to update or revise forward-looking statements unless required by applicable law, indicating a stable outlook for its strategic initiatives[44]. - The company is exploring opportunities for the Cylance business as it revisits capital allocation priorities[75]. Performance Metrics - Cybersecurity Annual Recurring Revenue (ARR) reached approximately $281 million as of November 30, 2024, up from $273 million a year earlier, indicating an increase of 2.9%[94]. - The Cybersecurity Dollar-Based Net Retention Rate improved to 90% for the three months ended November 30, 2024, compared to 82% for the same period in 2023, representing an increase of 8%[94]. - Secure Communications Annual Recurring Revenue (ARR) was approximately $215 million as of November 30, 2024, an increase from $199 million as of November 30, 2023[123]. - Cybersecurity Dollar-Based Net Retention Rate (DBNRR) was 90% as of November 30, 2024, up from 82% as of November 30, 2023[124]. - Secure Communications DBNRR was 95% as of November 30, 2024, an increase from 91% as of November 30, 2023[124].

BlackBerry (BB 23.66%) stock is surging in Friday's trading following the company's recent earnings report. The tech specialist's share price was up 22.4% as of 2:15 p.m. ET.After the market closed yesterday, BlackBerry reported earnings for the third quarter of its current fiscal year. The company delivered sales, earnings, and guidance that came in ahead of the market's expectations, and it saw new rounds of bullish coverage from analysts following the report.BlackBerry beats Wall Street's quarterly targe ...