BlackBerry's Secure Communications Segment Under Pressure from U.S.-Canada Trade Tensions

Dow Jones
09/24

0932 ET - Trade tensions between the U.S. and Canada are weighing on BlackBerry's Secure Communications segment. In a call with investors, CFO Tim Foote defines the trade tensions between the two neighbors as "already dynamic" and that its substantial footprint with the U.S. government is being "further complicated by recent geopolitical developments." BlackBerry is revising the full year revenue forecast for Secure Communications segment to $260 million to $270 million and adjusted Ebitda outlook to be between $50 million and $58 million, down from $270 million to $280 million, and $57 million to $65 million, respectively. "We consider it appropriate to be cautious as we head into the second half," he says. Still, the company raised its full full-year targets on the back of strength in its embedded software unit, QNX.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10