It powers in-car entertainment systems, tracks trailers in the trucking industry, alerts organizations in emergency situations and monitors a growing number of corporate devices.
But BlackBerry Ltd. investors can expect to get a peek at exactly which of these business streams are hits – or misses – this week when the Waterloo, Ont. company holds its annual general meeting and reports its financial results for the first quarter of its fiscal year.
It has previously lumped all software into one category and reported it alongside separate revenue streams for service access fees and mobile products. But CEO John Chen said in March he would reorganize reporting to better reflect which areas of business are growing, especially considering the dwindling contributions from the latter two categories.
Investors are already focusing on BlackBerry’s new software revenue streams, which it expects will climb between 13 and 15 per cent in fiscal 2018. But the new opportunities are “difficult to value at the moment,” RBC Capital Markets analyst Paul Treiber wrote in an April note to clients.
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Source:: Financial Post – Tech