secwatch.observer — SEC 8-K summary
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Issuer:     BLACKBERRY Ltd (BB)
CIK:        0001070235
Form:       8-K
Filed at:   2023-12-20T23:59:59+00:00
Accession:  0001070235-23-000163
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BlackBerry Q3 FY2024: Revenue $175M, Non-GAAP EPS $0.01 beat; CEO appointment and division separation plan
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- Total revenue $175M; IoT $55M (+12% seq, +8% YoY); Cybersecurity $114M (+44% seq, +8% YoY).
- Non-GAAP EPS $0.01 (beat); GAAP loss per share $0.04; Non-GAAP operating profit $13M.
- CEO John Giamatteo appointed; process to separate IoT and Cybersecurity divisions, rightsizing cost structure.
- Partially extended convertible debentures: repaid $365M of 2020 notes, issued $150M short-term debentures.
- Q4 FY2024 guidance: total revenue $150-159M, IoT $62-66M, Cyber $83-88M, Licensing ~$5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070235/000107023523000163/0001070235-23-000163-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070235/000107023523000163/bbry-20231220.htm
  HTML page:      https://secwatch.observer/filing/0001070235-23-000163

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