BlackBerry reports Q1 earnings on Wednesday
Cybersecurity firm Blackberry is scheduled to report first-quarter 2020 earnings results before the market opens on Wednesday, June 26. Analysts expect the Canadian firm to report breakeven earnings, on $264.5 million in revenues, representing a 22% year-over-year increase.
The company ushers 2020 on a strong note, after delivering on two promises in fiscal 2019. It had vowed to become non-GAAP profitable and cash flow positive in 2019, both of which it ticked off when it last reported results. Similarly, it achieved software sales growth of 10% during this period, at the higher end of its projection of 8-10%.
BlackBerry holds long-term prospects as a cyber-security expert that has been recognized and endorsed by government agencies, including the National Security Agency. Add to that the fact that the cyber-security market is projected to grow from the current $120-billion valuation to $300 billion by 2024. Meanwhile, Blackberry estimates the value of its available market at about $22 billion.
With cyber threats increasing exponentially on a daily basis, BlackBerry’s relevance is getting bumped up simultaneously.
The company is now digging deep into the Internet of Things and driver assistance platforms. The recent acquisition of AI-based cybersecurity firm Cylance is expected to provide tailwinds to Blackberry in this mission.
Look out for any management comments on Cylance’s impact on BlackBerry’s financials in this and next financial year.
A majority of the analysts covering the stock has a Hold rating. The stock has a 12-month average price target of $10.20, suggesting a 20% upside from the last close.
source alphastreet
Industry: Cyber Security
Latest Jobs
-
- Technical Pre Sales Cybersecurity Consultant. Healthcare
- England
- N/A
-
Technical Pre Sales Cybersecurity Consultant UK Remote | Healthcare Focus Overview We are seeking an experienced Technical Pre Sales Cybersecurity Consultant to support healthcare organisations by delivering advisory, solution design, and security uplift services. This role focuses on improving security outcomes, addressing operational challenges, and enabling informed technology decisions across complex and regulated environments. The position blends technical pre sales expertise with a consultative approach, working closely with clinical, technical, and commercial stakeholders to shape effective cybersecurity solutions. The individual must be able to achieve UK Security Clearance. Key Responsibilities Provide technical pre sales support across cybersecurity solutions and services for healthcare organisations Engage stakeholders to understand security challenges, risks, and operational pain points Deliver advisory guidance and recommendations to strengthen security posture and resilience Translate customer requirements into clear, outcome focused technical and commercial solution designs Act as a trusted technical advisor throughout the sales and early delivery lifecycle Produce clear technical documentation, recommendations, and customer facing materials suitable for regulated environments Collaborate closely with sales, delivery, and technical teams to align solutions with customer needs Experience and Skills Proven experience in technical pre sales or cybersecurity consultancy Experience working within healthcare or other highly regulated sectors Broad knowledge of cybersecurity technologies, managed services, and risk based approaches Strong communication skills with the ability to engage both technical and non technical stakeholders Confident operating in a client facing, consultative role UK based role with remote working Occasional travel for customer engagement as required
-
- Contract Technical Pre Sales Cyber Security Healthcare. SC clearance needed
- England
- Outside IR35
-
Contract Technical Pre Sales Cyber Security Healthcare Outside IR35 Contract | UK Remote | Healthcare Focus Existing SC clearance is required. Overview Seeking an experienced Technical Pre Sales Cybersecurity Consultant is required to deliver advisory and uplift services across complex healthcare organisations. This Outside IR35 contract operates on a consultancy basis, focused on improving security outcomes, addressing operational pain points, and supporting informed Cyber Security decisions. The role combines deep technical pre sales capability with consultative advisory delivery, working across clinical, technical, and commercial stakeholders to shape effective and proportionate cybersecurity solutions. Responsibilities Provide technical pre sales consultancy across cybersecurity solutions and services within healthcare environments Engage senior stakeholders to understand security challenges, risks, and operational pain points Deliver advisory guidance and uplift recommendations to improve security posture, resilience, and maturity Translate healthcare requirements into clear, outcome focused technical and commercial propositions Act as a trusted technical advisor throughout the pre sales and early engagement lifecycle Produce concise technical documentation, recommendations, and advisory outputs suitable for regulated healthcare settings Experience Strong background in technical pre sales or cybersecurity consultancy Experience working with healthcare or other highly regulated environments Broad understanding of cybersecurity technologies, managed services, and risk based security approaches Ability to communicate complex technical concepts to both technical and non technical audiences Comfortable operating independently in a client facing advisory role
-
- London Sales Manager, Key Clients. Security. Immediate
- London
- N/A
-
London Sales Manager, Key Clients A senior sales leadership role within the cyber security services and technology market, focused on account development and revenue growth across key clients. You will lead a sales team with responsibility for customer retention, increasing share of wallet and maintaining a strong commercial pipeline. The role works closely with technical, delivery and marketing teams, as well as technology partners. Key focus Lead and coach a field based sales team Own forecasting, pipeline quality and revenue delivery Drive renewals and account development Expand customer investment across services and solutions Build relationships with vendors and partners Background Proven experience managing enterprise sales teams Consistent performance against revenue targets Cyber or IT security sales leadership experience Exposure to Palo Alto, Check Point, Microsoft, etc Commercially focused with a structured sales approach A role for a sales leader focused on long term client value and sustainable growth.
-
- Outside IR35 Functional tester - London - Security Cleared
- London
- Outside IR35
-
Outside IR35 Functional tester - London - Security Cleared Willing to undergo DV Clearance 3 days a week onsite. (London) We are looking for a Functional Test Specialist to support a complex technology programme where accuracy and delivery assurance matter. Key Focus Validate application behaviour and run functional test scenarios Identify risk, defects, and delivery issues early Define practical test approaches and environment needs Produce automated checks where appropriate Work closely with technical teams to agree acceptance criteria Report clearly on outcomes, defects, and risks Experience Needed Strong Microsoft stack exposure Experience supporting server or infrastructure migrations Solid functional testing background Comfortable working remotely onsite (London 3 days a week) Linux or container exposure Jira / Wiki Restricted or isolated environments A hands on role for someone who values clarity, ownership, and quality.