BlackBerry Could Just Bounce Back

Nov. 15, 2022 11:34 AM ETBlackBerry Limited (BB), BB:CA200 Comments

Summary

  • BlackBerry Limited is an entirely new company from what it used to be, now focused on enterprise software & cybersecurity offerings.
  • While facing a rocky revenue picture, BlackBerry has demonstrated several quarters of positive cash flow.
  • Additionally, BlackBerry's debt-to-assets position is sustainable and its total addressable market for its services is understood to be relatively large; these new business lines also operate at robust gross margins.
  • The short-term picture appears difficult owing to chip disruptions affecting the embedded device category as well as the macroeconomic picture overall.
  • In the long-term, however, embedded devices and the internet-of-things should continue to grow materially - and BlackBerry appears well-positioned to be a leading player in this market.

processor chip, tech environment, blockchain concept

blackdovfx

Overview

BlackBerry Limited (NYSE:BB) is no longer the company that you may think it is. While it came into prominence as a maker of smartphones with a readily-distinguishable physical keyboard, that business is no longer in operation as of

SeekingAlpha.com BB 11.14.22

SeekingAlpha.com BB 11.14.22

SEC BB Q1 2021 10-Q

SEC BB Q1 2021 10-Q

SeekingAlpha.com BB 11.14.22

SeekingAlpha.com BB 11.14.22

SeekingAlpha.com BB 11.14.22

SeekingAlpha.com BB 11.14.22

SeekingAlpha.com BB 11.14.22

SeekingAlpha.com BB 11.14.22

SeekingAlpha.com BB 11.14.22

SeekingAlpha.com BB 11.14.22

SeekingAlpha.com BB 11.14.22

SeekingAlpha.com BB 11.14.22

SeekingAlpha.com BB 11.14.22

SeekingAlpha.com BB 11.14.22

This article was written by

Equity long/short, value and growth investing.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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