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Exam Code: BCP-221 Practice exam 2022 by Killexams.com team
Supporting BlackBerry Devices Enterprise version 5.0
BlackBerry Supporting candidate
Killexams : BlackBerry Supporting candidate - BingNews https://killexams.com/pass4sure/exam-detail/BCP-221 Search results Killexams : BlackBerry Supporting candidate - BingNews https://killexams.com/pass4sure/exam-detail/BCP-221 https://killexams.com/exam_list/BlackBerry Killexams : Why Blackberry phones failed: What to do with your Blackberry in 2022

Ye officially knowns as Kanye West has entered into talks to buy free speech platform Parler. The company confirmed the announcement on Monday confirming…

Mon, 03 Oct 2022 01:11:00 -0500 Gopolang Moloko en-ZA text/html https://memeburn.com/2022/10/why-blackberry-phones-failed-what-to-do-with-your-blackberry-in-2022/
Killexams : What's Going On With BlackBerry Stock Today?

BlackBerry Ltd BB shares are trading lower Wednesday after the company reported mixed financial results. Multiple analysts also cut price targets on the stock following the company's quarterly report.

BlackBerry reported second-quarter revenue of $168 million, which missed average analyst estimates of $177.25 million, according to Benzinga Pro. IoT revenue totaled $51 million in the second quarter, up 28% year-over-year. Cybersecurity revenue reached $111 million in the quarter, down 8% year-over-year.

BlackBerry reported a quarterly net loss of 5 cents per share, which beat average estimates for a loss of 7 cents per share. The company ended the quarter with $699 million in cash and equivalents.

"We're executing on our plan and we're seeing the decisions made in accurate quarters starting to pay off, with Cybersecurity ARR expected to resume growth early next fiscal year," said John Chen, executive chairman and CEO of BlackBerry.

Analyst Assessment: 

  • RBC Capital analyst Paul Treiber maintained BlackBerry with a Sector Perform rating and lowered the price target from $6.50 to $6.
  • Canaccord Genuity analyst Michael Walkley maintained BlackBerry with a Hold rating and lowered the price target from $6 to $5.

BlackBerry provides intelligent security software and services to enterprises and governments around the world.

See Also: Why Netflix Shares Are Rising

BB Price Action: BlackBerry has a 52-week high of $12.39 and a 52-week low of $4.70.

The stock was down 1.96% at $4.99 at time of publication.

Photo: courtesy of BlackBerry.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Tue, 27 Sep 2022 23:20:00 -0500 text/html https://www.benzinga.com/news/earnings/22/09/29056030/whats-going-on-with-blackberry-stock-today
Killexams : Is BlackBerry Stock a Buy Now? No result found, try new keyword!BlackBerry (NYSE: BB) posted its earnings report for the second quarter of fiscal 2023 (which ended on Aug. 31) on Sept. 27. The Canadian cybersecurity and Internet of Things (IoT) software maker ... Sun, 02 Oct 2022 00:41:00 -0500 text/html https://www.nasdaq.com/articles/is-blackberry-stock-a-buy-now Killexams : Oversold Conditions For BlackBerry (BB) No result found, try new keyword!A stock is considered to be oversold if the RSI memorizing falls below 30. In trading on Friday, shares of BlackBerry Ltd (Symbol: BB) entered into oversold territory, hitting an RSI memorizing of 29.2 ... Fri, 23 Sep 2022 12:15:00 -0500 text/html https://www.nasdaq.com/articles/oversold-conditions-for-blackberry-bb Killexams : Blackberry stock slips even as results come in above expectations

BlackBerry Ltd. shares slipped in the extended session Tuesday even after the cybersecurity and Internet-of-Things company’s results exceeded the Wall Street consensus.

BlackBerry BB, +8.04% shares declined 2% after hours, following a 2.4% rise in the regular session to close at $5.09.

The company reported a second-quarter loss of $54 million, or a loss of 10 cents a share on a diluted basis, compared with a loss of $144 million, or a loss of 25 cents a share, in the year-ago period. The adjusted loss, which excluded stock-based compensation expenses and other items, was 5 cents a share basic, as the company did not provide a diluted per-share figure.

Revenue declined to $168 million from $175 million in the year-ago quarter.

Analysts surveyed by FactSet had forecast a loss of 7 cents a share on revenue of $162.4 million.

“This was a solid second quarter for BlackBerry, where we delivered both revenue in line with, and EPS ahead of, expectations,” said John Chen, BlackBerry’s chief executive and chairman, in a statement. “Our IoT business continues to gain market share, and design-phase revenue remained at near-record levels.”

Tue, 27 Sep 2022 23:44:00 -0500 en-US text/html https://www.marketwatch.com/story/blackberry-stock-slips-even-as-results-come-in-above-expectations-11664315247
Killexams : Blackberry Stock Declines As Results Come In Lukewarm Once Again
  • Blackberry fell below $5 per share retreating by almost 2% during trading hours as issues that have plagued the security company continued.
  • Total revenue came in at $168 million, with gross margins coming in at 63%.
  • IoT revenue increased by 28% YoY coming in at $51 million, and cybersecurity revenue declined by 8% to $111 million.

Blackberry Stock Declines As Results Come In Lukewarm Once Again
“This was a solid second quarter for BlackBerry, where we delivered both revenue in line with, and EPS ahead of, expectations,” said John Chen, Executive Chairman & CEO, BlackBerry. “Our IoT business continues to gain market share, and design-phase revenue remained at near-record levels. A major design win in the quarter was with Volkswagen, who chose QNX for their new VW.OS, to be deployed across all Volkswagen Group brands. IVY remains firmly on track, with the latest product release in August, proof of concept trials progressing well, and the IVY fund continuing to invest in exciting ecosystem partners.

MarketBeat.com - MarketBeat

“In our Cybersecurity business, we delivered double-digit sequential billings growth, including securing significant business in both government and financial services, as well as in the middle market. We’re executing on our plan and we’re seeing the decisions made in accurate quarters starting to pay off, with Cybersecurity ARR expected to resume growth early next fiscal year.”

Blackberry (NYSE: BB), continues to struggle with its SaaS and cybersecurity business, meanwhile, on the other hand, the IoT division continues to grow relatively rapidly making up for declines in revenue elsewhere. The company’s management has reiterated that it will increasingly focus on the IoT segment moving forward, which is surprising because not long ago Blackberry always featured among the most preferred cyber security companies, but is now increasingly being overlooked for companies such as Crowdstrike (Nasdaq: CRWD). Issues from the previous quarter remain but the overall results were better and some green shoots have begun to show for the security and IoT company.

Blackberry IoT Flourishes but Cyber Security Continues to Struggle

Management has guided that IoT revenue for the fiscal year 2023 will come in at around $200-$210 million and that the future looks bright with an increasing number of car makers adopting the main IoT software program QNX, including the likes of Volkswagen. QNX is now also embedded in 7 out of the 10 largest OEMs in China, and the company remains hopeful that IoT  can be the backbone of Blackberry’s revenue in the future. The good news is that as the IoT division becomes a larger percentage of revenue the company’s gross margins are likely to head much higher to around 70%, which would push the company towards profitability, something that investors will look for before they start to dip their toes in the stock again. Cybersecurity meanwhile continues to struggle even though the company’s systems are increasingly preferred by governments to protect their network. But the private sector continues to prefer competitors leaving Blackberry in a tight bind.

Financial Outlook Remains Lukewarm

The company continued to produce losses for the quarter with GAAP earnings-per-share coming in a 9 cents, and investors will be disappointed that Blackberry has not been able to turn a profit despite relatively healthy margins. Many would take a look at the lack of return on investment in research and development that has gone into the various business divisions, and wonder whether the management competency is at stake. Despite the losses, the company remains well capitalized and currently has $432 million in cash and cash equivalents on its books.  But investors will be panic about the negative free cash flow, with operating cash flow coming in at -$23 million.

Blackberry’s revenue is expected to increase by around 15-20% in 2023, but it remains to be seen whether IoT and QNX will bring in enough customers to get the company back on track to sustainable growth and away from the limbo it is currently in. Management has guided that revenue from cyber security products will witness growth once again next year, as a lot of the issues that had affected growth previously have now been resolved. It remains to be seen whether Blackberry will finally turn that corner in 2022.

Analysts have continued to cut Blackberry’s price target, and now the average analyst target currently stands at around $8 per share, with most analysts recommending a ‘hold’ rating. But the market is unlikely to bring the stock back to those levels unless management shows prospects for a turnaround.

Thu, 29 Sep 2022 05:53:00 -0500 Parth Pala en text/html https://www.entrepreneur.com/finance/blackberry-stock-declines-as-results-come-in-lukewarm-once/436317
Killexams : BlackBerry takes a knock as cybersecurity revenue drop clouds automotive demand

Sept 27 (Reuters) - Canada's BlackBerry Ltd (BB.TO), on Tuesday reported a fall in cybersecurity revenue for the second quarter, as customers reined in spending due to an uncertain macroeconomic environment, sending its shares down about 3% in extended trading.

The company has also been facing tough competition from Microsoft Corp , Citrix Systems (CTXS.O) and International Business Machines (IBM.N) in the security software segment, with revenue in the unit falling 7.5% to $111 million from a year ago.

The company said in an earnings call that cybersecurity segment revenue in the third quarter is expected to be flat year-on-year.

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Reuters Graphics

However, revenue at the company's Internet of things (IoT) unit, which includes the QNX software for automotive customers, rose about 28% to $51 million as it signed up more customers.

BlackBerry's QNX software is now embedded in over 215 million vehicles worldwide, helped by surging demand for electric vehicles and connected-car technologies. The company recently added global carmakers such as Ford Motor (F.N), General Motors (GM.N), Hyundai Motor (005380.KS), to its already strong client list of BMW (BMWG.DE), Honda Motor (7267.T), Mercedes-Benz (MBGn.DE) and Toyota Motor (7203.T).

BlackBerry in June said that a deal to sell its patents primarily related to mobile devices, messaging and wireless networking for $600 million to a special purpose vehicle has been delayed. read more

Total revenue fell 4% to $168 million for the quarter ended Aug. 31, compared with a consensus estimate of $166.7 million, according to IBES data from Refinitiv.

Excluding items, the company posted a loss of 5 cents per share, narrower than analysts' expectations of loss of 7 cents.

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Reporting by Akash Sriram in Bengaluru; Editing by Sriraj Kalluvila and Shailesh Kuber

Our Standards: The Thomson Reuters Trust Principles.

Tue, 27 Sep 2022 11:01:00 -0500 Reuters en text/html https://www.reuters.com/business/media-telecom/blackberry-beats-quarterly-revenue-estimates-2022-09-27/
Killexams : BlackBerry Reports Second Quarter Fiscal Year 2023 Results

Delivers strong year-over-year revenue growth for IoT business unit and double-digit sequential billings growth for Cybersecurity business unit

Second Quarter Fiscal 2023:

  • Total company revenue of $168 million.

  • IoT revenue of $51 million.

  • Cybersecurity revenue of $111 million.

  • Licensing & Other revenue of $6 million.

  • Non-GAAP basic loss per share of $0.05, GAAP basic loss per share of $0.09.

WATERLOO, ON, Sept. 27, 2022 /CNW/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today reported financial results for the three months ended August 31, 2022 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).

BlackBerry Logo Black (PRNewsfoto/Blackberry Limited)

"This was a solid second quarter for BlackBerry, where we delivered both revenue in line with, and EPS ahead of, expectations," said John Chen, Executive Chairman & CEO, BlackBerry. "Our IoT business continues to gain market share, and design-phase revenue remained at near-record levels. A major design win in the quarter was with Volkswagen, who chose QNX for their new VW.OS, to be deployed across all Volkswagen group brands. IVY remains firmly on track, with the latest product release in August, proof of concept trials progressing well and the IVY fund continuing to invest in exciting ecosystem partners. In our Cybersecurity business we delivered double-digit sequential billings growth, including securing significant business in both government and financial services, as well as in the middle market. We're executing on our plan and we're seeing the decisions made in accurate quarters starting to pay off, with Cybersecurity ARR expected to resume growth early next fiscal year."

Second Quarter Fiscal 2023 Financial Highlights

  • Total company revenue was $168 million.

  • Total company non-GAAP gross margin was 64% and GAAP gross margin was 63%.

  • IoT revenue was $51 million, a 28% increase year-over-year, with gross margin of 82%.

  • Cybersecurity revenue was $111 million, an 8% decrease year-over-year, with gross margin of 55% and ARR of $321 million.

  • Cybersecurity billings increased 15% sequentially to $102 million and grew 6% year-over-year in the first half of the fiscal year.

  • Software and Services revenue in total was $162 million.

  • Licensing and Other revenue was $6 million, with gross margin of 67%.

  • Non-GAAP operating loss was $22 million. GAAP operating loss was $47 million.

  • Total cash, cash equivalents, short-term and long-term investments were $699 million.

  • Net cash used by operating activities was $23 million.

Business Highlights & Strategic Announcements

  • Volkswagen Group's software powerhouse, Cariad, selects BlackBerry QNX for its VW.OS, part of a unified software platform to be deployed in all Volkswagen Group brands

  • PATEO, a leading Chinese Tier 1, selects BlackBerry QNX for its intelligent cockpit, Pateo Connect+, to be mass produced in more than ten individual models across five automakers

  • NETA Auto (Hozon's EV brand) selects BlackBerry QNX for the digital cockpit and ADAS sockets in the NETA S, next generation EV Sedan aimed at the Chinese market

  • MotorTrend and BlackBerry announce inaugural Software-Defined Vehicle Innovator Awards to celebrate innovators and pioneers leading the auto industry's transformation to software

  • BlackBerry QNX extends support for the Aerospace & Defense market by achieving conformance with the global open standard "Future Airborne Capability Environment" (FACE) certification

  • BlackBerry and L-SPARK announce four smart mobility start-ups for their BlackBerry IVY connected car accelerator program

  • BlackBerry and LeapXpert collaborate to enable the BlackBerry® Dynamics™ platform to provide secure communications through leading messaging applications such as iMessage, WhatsApp and SMS

  • University of California, Irvine and BlackBerry awarded grant funding from the National Science Foundation (NSF) Convergence Accelerator program to develop secure 5G infrastructure solutions

  • Frost and Sullivan, a leading industry analyst, awards BlackBerry its 2022 Global Market Leadership Award for its Mobile Threat Defense (MTD) solution, CylancePROTECT Mobile™

Outlook

BlackBerry will discuss its fiscal year 2023 outlook in connection with the quarterly earnings announcement on its earnings conference call.

Use of Non-GAAP Financial Measures

The tables at the end of this press release include a reconciliation of the non-GAAP financial measures and non-GAAP financial ratios used by the company to comparable U.S. GAAP measures and an explanation of why the company uses them.

Conference Call and Webcast

A conference call and live webcast will be held today beginning at 5:30 p.m. ET, which can be accessed by dialing +1 (877) 400-4403 or by logging on at BlackBerry.com/Investors.
A replay of the conference call will also be available at approximately 8:30 p.m. ET by dialing +1 (800) 770-2030 and entering Conference ID #1566649 and at the link above.

About BlackBerry

BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including more than 215M vehicles.  Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy, and is a leader in the areas of endpoint security, endpoint management, encryption, and embedded systems.  BlackBerry's vision is clear - to secure a connected future you can trust.

BlackBerry. Intelligent Security. Everywhere.
For more information, visit BlackBerry.com and follow @BlackBerry.

Investor Contact:
BlackBerry Investor Relations
+1 (519) 888-7465
investorrelations@blackberry.com

Media Contact:
BlackBerry Media Relations
+1 (519) 597-7273
mediarelations@blackberry.com

This news release contains forward-looking statements within the meaning of certain securities laws, including under the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, including statements regarding BlackBerry's plans, strategies and objectives including its expectations with respect to increasing and enhancing its product and service offerings.

The words "expect", "anticipate", "estimate", "may", "will", "should", "could", "intend", "believe", "target", "plan" and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by BlackBerry in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that BlackBerry believes are appropriate in the circumstances, including but not limited to, BlackBerry's expectations regarding its business, strategy, opportunities and prospects, the launch of new products and services, general economic conditions, competition, and BlackBerry's expectations regarding its financial performance.  Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, risks related to the following factors: BlackBerry's ability to enhance, develop, introduce or monetize products and services for the enterprise market in a timely manner with competitive pricing, features and performance; BlackBerry's ability to maintain or expand its customer base for its software and services offerings to grow revenue or achieve sustained profitability; the intense competition faced by BlackBerry; the occurrence or perception of a breach of BlackBerry's network cybersecurity measures, or an inappropriate disclosure of confidential or personal information; the failure or perceived failure of BlackBerry's solutions to detect or prevent security vulnerabilities; BlackBerry's continuing ability to attract new personnel, retain existing key personnel and manage its staffing effectively; litigation against BlackBerry; BlackBerry's dependence on its relationships with resellers and channel partners; acquisitions, divestitures and other business initiatives; the impact of the COVID-19 pandemic; network disruptions or other business interruptions; BlackBerry's ability to foster an ecosystem of third-party application developers; BlackBerry's products and services being dependent upon interoperability with rapidly changing systems provided by third parties; BlackBerry's ability to obtain rights to use third-party software and its use of open source software; failure to protect BlackBerry's intellectual property and to earn expected revenues from intellectual property rights; BlackBerry being found to have infringed on the intellectual property rights of others;  the substantial asset risk faced by BlackBerry, including the potential for charges related to its long-lived assets and goodwill; BlackBerry's indebtedness; tax provision changes, the adoption of new tax legislation or exposure to additional tax liabilities; the use and management of user data and personal information; government regulations applicable to BlackBerry's products and services, including products containing encryption capabilities; environmental, social and governance expectations and standards; the failure of BlackBerry's suppliers, subcontractors, channel partners and representatives to use acceptable ethical business practices or comply with applicable laws; regulations regarding health and safety, hazardous materials usage and conflict minerals; foreign operations, including fluctuations in foreign currencies; adverse economic, geopolitical and environmental conditions; the fluctuation of BlackBerry's quarterly revenue and operating results; the volatility of the market price of BlackBerry's common shares; and rising inflation.

These risk factors and others relating to BlackBerry are discussed in greater detail in BlackBerry's Annual Report on Form    10-K and the "Cautionary Note Regarding Forward-Looking Statements" section of BlackBerry's MD&A (copies of which filings may be obtained at www.sedar.com or www.sec.gov). All of these factors should be considered carefully, and readers should not place undue reliance on BlackBerry's forward-looking statements. Any statements that are forward-looking statements are intended to enable BlackBerry's shareholders to view the anticipated performance and prospects of BlackBerry from management's perspective at the time such statements are made, and they are subject to the risks that are inherent in all forward-looking statements, as described above, as well as difficulties in forecasting BlackBerry's financial results and performance for future periods, particularly over longer periods, given changes in technology and BlackBerry's business strategy, evolving industry standards, intense competition and short product life cycles that characterize the industries in which BlackBerry operates. Any forward-looking statements are made only as of today and the company has no intention and undertakes no obligation to update or revise any of them, except as required by law.

BlackBerry Limited

Incorporated under the Laws of Ontario

(United States dollars, in millions except share and per share amounts) (unaudited)

Consolidated Statements of Operations 

Three Months Ended

Six Months Ended

August 31, 2022

May 31, 2022

August 31, 2021

August 31, 2022

August 31, 2021

Revenue

$                168

$                 168

$                 175

$                336

$                 349

Cost of sales

62

64

63

126

123

Gross margin

106

104

112

210

226

Gross margin %

63.1 %

61.9 %

64.0 %

62.5 %

64.8 %

Operating expenses

Research and development

54

53

58

107

115

Selling, marketing and administration

86

82

83

168

156

Amortization

25

27

45

52

91

Impairment of long-lived assets

4

4

Gain on sale of property, plant and equipment, net

(6)

(6)

Debentures fair value adjustment

(10)

(46)

67

(56)

63

Litigation settlement

165

165

153

281

253

434

425

Operating loss

(47)

(177)

(141)

(224)

(199)

Investment loss, net

(2)

(1)

(1)

(3)

(3)

Loss before income taxes

(49)

(178)

(142)

(227)

(202)

Provision for income taxes

5

3

2

8

4

Net loss

$                 (54)

$               (181)

$               (144)

$              (235)

$               (206)

Loss per share

Basic

$             (0.09)

$              (0.31)

$              (0.25)

$             (0.41)

$              (0.36)

Diluted

$             (0.10)

$              (0.35)

$              (0.25)

$             (0.45)

$              (0.36)

Weighted-average number of
common shares outstanding (000s)

Basic

577,314

576,877

568,082

577,097

567,724

Diluted

638,147

637,710

568,082

637,930

567,724

Total common shares outstanding (000s)

577,416

577,169

566,995

577,416

566,995

BlackBerry Limited

Incorporated under the Laws of Ontario

(United States dollars, in millions) (unaudited)

Consolidated Balance Sheets

As at

August 31, 2022

February 28, 2022

Assets

Current

Cash and cash equivalents

$                           431

$                           378

Short-term investments

212

334

Accounts receivable, net of allowance of $4 and $4, respectively

100

138

Other receivables

15

25

Income taxes receivable

9

9

Other current assets

173

159

940

1,043

Restricted cash and cash equivalents

27

28

Long-term investments

29

30

Other long-term assets

8

9

Operating lease right-of-use assets, net

40

50

Property, plant and equipment, net

27

41

Goodwill

837

844

Intangible assets, net

473

522

$                        2,381

$                        2,567

Liabilities

Current

Accounts payable

$                             20

$                             22

Accrued liabilities

300

157

Income taxes payable

17

11

Deferred revenue, current

179

207

516

397

Deferred revenue, non-current

30

37

Operating lease liabilities

54

66

Other long-term liabilities

2

4

Long-term debentures

449

507

1,051

1,011

Shareholders' equity

Capital stock and additional paid-in capital

2,887

2,869

Deficit

(1,529)

(1,294)

Accumulated other comprehensive loss

(28)

(19)

1,330

1,556

$                        2,381

$                        2,567

BlackBerry Limited

Incorporated under the Laws of Ontario

(United States dollars, in millions) (unaudited)

Consolidated Statements of Cash Flows

Six Months Ended

August 31, 2022

August 31, 2021

Cash flows from operating activities

Net loss

$                        (235)

$                        (206)

Adjustments to reconcile net loss to net cash used in operating activities:

Amortization

57

97

Stock-based compensation

15

17

Impairment of long-lived assets

4

Gain on sale of property, plant and equipment, net

(6)

Debentures fair value adjustment

(56)

63

Operating leases

(9)

(8)

Other

3

(2)

Net changes in working capital items

Accounts receivable, net of allowance

38

61

Other receivables

10

2

Income taxes receivable

1

Other assets

(1)

4

Accounts payable

(2)

2

Accrued liabilities

145

(2)

Income taxes payable

6

3

Deferred revenue

(35)

(50)

Net cash used in operating activities

(66)

(18)

Cash flows from investing activities

Acquisition of long-term investments

(2)

(1)

Acquisition of property, plant and equipment

(4)

(4)

Proceeds on sale of property, plant and equipment

17

Acquisition of intangible assets

(16)

(14)

Acquisition of short-term investments

(273)

(429)

Proceeds on sale or maturity of restricted short-term investments

24

Proceeds on sale or maturity of short-term investments

395

537

Net cash provided by investing activities

117

113

Cash flows from financing activities

Issuance of common shares

3

5

Net cash provided by financing activities

3

5

Effect of foreign exchange loss on cash, cash equivalents, restricted cash, and restricted cash equivalents

(2)

Net increase in cash, cash equivalents, restricted cash, and restricted cash equivalents during the period

52

100

Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period

406

218

Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period

$                          458

$                          318

As at

August 31, 2022

February 28, 2022

Cash and cash equivalents

$                          431

$                          378

Restricted cash and cash equivalents

27

28

Short-term investments

212

334

Long-term investments

29

30

$                          699

$                          770

Reconciliations of the Company's Segment Results to the Consolidated Results

The following table shows information by operating segment for the three months ended August 31, 2022 and August 31, 2021.  The Company reports segment information in accordance with U.S. GAAP Accounting Standards Codification Section 280 based on the "management" approach. The management approach designates the internal reporting used by the Chief Operating Decision Maker for making decisions and assessing performance of the Company's reportable operating segments.

For the Three Months Ended

(in millions) (unaudited)

Cybersecurity

IoT

Licensing and Other

Segment Totals

August 31,

August 31,

August 31,

August 31,

2022

2021

2022

2021

2022

2021

2022

2021

Segment revenue

$        111

$        120

$          51

$          40

$            6

$          15

$        168

$        175

Segment cost of sales

50

49

9

7

2

6

61

62

Segment gross margin

$          61

$          71

$          42

$          33

$            4

$            9

$        107

$        113

Segment gross margin %

55 %

59 %

82 %

83 %

67 %

60 %

64 %

65 %

The following table reconciles the Company's segment results for the three months ended August 31, 2022 to consolidated U.S. GAAP results:

For the Three Months Ended August 31, 2022

(in millions) (unaudited)

Cybersecurity

IoT

Licensing and
Other

Segment Totals

Reconciling
Items

Consolidated
U.S. GAAP

Revenue

$              111

$                51

$                  6

$               168

Tue, 27 Sep 2022 09:31:00 -0500 en-US text/html https://finance.yahoo.com/news/blackberry-reports-second-quarter-fiscal-210500586.html
Killexams : Saving Graces for Felines: Blackberry

GREENVILLE, N.C. (WITN) -WITN’s Pet of the Week for October 30 is Blackberry.

Saving Graces says he was found on a hot day inside a dumpster next to the Vet Clinic in Greenville. By a miracle, he was found before anything happened to him.

They say he is thriving in his foster home and has plenty of energy to play with other pets and children. He is an attention seeker who likes to be held.

If you’re interested in adopting click here.

Do you see something needing a correction? Email us!

Fri, 30 Sep 2022 04:21:00 -0500 en text/html https://www.witn.com/2022/09/30/saving-graces-felines-blackberry/
Killexams : Instant Pot Blackberry Cobbler

This Instant Pot Blackberry Cobbler is made with fresh or frozen blackberries and a quick and easy cake topping. It’s the perfect summer dessert during the berry season.

If you looking for the perfect dessert that doesn’t take much effort, then this Instant Pot Blackberry Cobbler is for you. Gather these ingredients because you will love this simple treat. If you love cobblers then you are going to love this easy Instant Pot version.

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❤️ Why You’ll Love This Recipe

  • This Instant Pot blackberry cobbler is the ultimate easy dessert that your whole family will love.
  • Berries are in season right now, and if you are like me and have extra berries from your blackberry picking trip, then this is the perfect way to use them.
  • You only need simple ingredients to make this fruit cobbler, which can help you keep your budget in check.
  • A great way to use up fresh fruit before it goes bad.

If you love fruit cobblers, then next time you may want to try this Slow Cooker Blueberry Cobbler recipe.

🛒Ingredients

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  • fresh blackberries
  • vanilla cake mix
  • butter
  • lemon, zested
  • ground cinnamon

See the recipe card below for quantities.

🔪 How to Make Instant Pot Blackberry Cobbler

Making this great recipe is simple. Just follow the easy steps listed below and you will the best blackberry cobbler that you have ever made in no time at all. Trust me, your entire family is going to love dessert , when you serve it at your next family dinner.

Step 1: Spray a casserole dish with cooking spray

Prepare a small, round casserole dish with nonstick cooking spray. Place the blackberries into the dish.

Step 2: Mix together the cake mix and butter

In a medium bowl or food processor, combine cake mix and butter until sandy. Stir in the lemon zest and cinnamon.

Step 3: Top the berries with cake mix mixture

Sprinkle the cake mix over the top of the blackberries.

Step 4: Cover the baking dish with foil

Cover the top of the casserole dish with aluminum foil to avoid water dripping into the cobbler.

Step 5: Add water to the Instant Pot

Prepare the electric pressure cooker with a trivet and 1 cup water (or as directed by the manufacturer for the minimum amount of water required.)

Step 6: Add the dish to the pressure cooker

Lower the casserole dish into the electric pressure cooker.

Step 7: Cook the blackberry cobbler

Cover the electric pressure cooker and set the valve to sealing. Program the electric pressure cooker using the “manual” or “pressure cook” on high for 10 minutes. After the cooking cycle is complete, allow the pressure to release naturally.

Step 8: Remove the dish from the pressure cooker

Carefully lift the casserole dish from the pressure cooker and remove the foil.

Step 9: Serve the cobbler warm

Serve the cobbler with a scoop of vanilla ice cream or whipped cream.

Hint: Make sure to tightly cover your casserole dish with foil, so that no water gets into the cobbler.

🥄 Equipment

  • round casserole dish
  • large bowl
  • Instant Pot
  • aluminum foil

🥫 Storage

Store the wet ingredients (lettuce, tomato, onion) separately from the dry ingredients (buns) in the fridge, and recombine when ready. Good for 2-3 days.

These ingredients don’t stand up well to freezing.

💭 Tips

  • If you don’t have an Instant Pot, you can make this cobbler in the oven! Bake at 350F for 30-40 minutes, or until the cobbler is bubbly and the topping is golden brown.
  • Make sure that your dish fits completely into your Instant Pot. I used a 1 ½ quart casserole dish by Corningware.
  • You can switch out the fruit in this recipe and use any type of fruit that you prefer. Such as apples, blueberries, or even raspberries.
  • If a crunchier top is desired, preheat the broiler of the oven. Place the casserole under the broiler for about 3 minutes, watching carefully, until the desired golden color is achieved.
  • You can use frozen blackberries instead of fresh berries.
  • Use high pressure to cook this fruit cobbler.
  • Make sure to allow the pressure to natural release for at least 15 minutes. Then, you can quick release the remaining pressure.
  • If you don’t want to use a food processor you can use a pastry blender or pastry knife to blend the cake mix and butter.

⁉️ FAQ

Do you have questions about this easy blackberry cobbler dessert recipe? Here are the answers to the most commonly asked questions about this easy recipe.

How do you thicken fruit for cobblers?

You shouldn’t need to thicken this cobbler. However, it is thin you can allow it to cool slightly and it will thicken.

Do cobblers have a bottom crust?

This cobbler has a cake-like topping, but no bottom crust.

What is the difference between crisp, crumble, and cobbler?

A crisp has a streusel-like topping made with flour, sugar, and butter. A crumble is similar to a crisp but doesn’t have as much of a streusel topping. A cobbler has a biscuit or cake-like topping.

What can I substitute for butter in a cobbler?

You could use margarine or shortening as a substitute for butter.

🍽 More Fruit Recipes

Do you enjoy fruit recipes? If so, then try these delicious recipes:

🧾Instant Pot Blackberry Cobbler

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Print

Instant Pot Blackberry Cobbler

This Instant Pot Blackberry Cobbler is an easy and delicious dessert that you can make with minimal effort. Just toss the blackberries in the Instant Pot, top with a jazzed up cake mix, and let it cook. The perfect summer dessert!

Course Dessert

Cuisine American

Prep Time 10 minutes

Cook Time 10 minutes

Total Time 33 minutes

Servings 6 Servings

  • round casserole dish

  • Large bowl

  • Instant Pot

  • aluminum foil

  • 12 ounces fresh blackberries
  • 1 cup vanilla cake mix
  • ¼ cup butter
  • 1 lemon zested
  • teaspoon ground cinnamon
  • Prepare a small, round casserole dish with nonstick cooking spray. Place the blackberries into the dish.

  • In a medium bowl or food processor, blend the cake mix and butter until sandy. Stir in the lemon zest and cinnamon.

  • Sprinkle the cake mix over the top of the blackberries.

  • Cover the top of the casserole dish with aluminum foil to avoid water dripping into the cobbler.

  • Prepare the electric pressure cooker with a trivet and 1 cup water (or as directed by the manufacturer for the minimum amount of water required.)

  • Lower the casserole dish into the electric pressure cooker.

  • Cover the electric pressure cooker and set the valve to sealing. Program the electric pressure cooker using the “manual” or “pressure cook” on high for 10 minutes. After the cooking cycle is complete, allow the pressure to release naturally.

  • Carefully lift the casserole dish from the pressure cooker and remove the foil.

  • Serve the cobbler with ice cream or whipped topping.

  • This easy cobbler recipe can be used with any fruit. The pictured dish is the 1 ½ quart casserole dish by Corningware.

    If a crunchier top is desired, preheat the broiler of the oven. Place the casserole under the broiler for about 3 minutes, watching carefully, until the desired golden color is achieved.

  • Store leftovers in the fridge for up to one week. You can also freeze this cobbler for up three months. 

The post Instant Pot Blackberry Cobbler appeared first on Mama's On A Budget.

Mon, 19 Sep 2022 03:42:00 -0500 en-US text/html https://www.msn.com/en-us/foodanddrink/recipes/instant-pot-blackberry-cobbler/ar-AA1208nQ
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