Investors are gearing up for the latest earnings results of a once-mighty company: Blackberry.
The Toronto-based company's stock has fallen dramatically since closing at an all-time high of $145.76 in 2008, but it has managed to stick around because of its stronghold on the enterprise tech space and by acquiring smaller competitors, most recently software provider Good Technology.
"The big focus on the Street has been around the Good Technology acquisition and where they are taking it," said Dan Ives, technology analyst at FBR Capital Markets.
Blackberry agreed to buy the software provider for $425 million on Sept. 4 in an effort to bolster its enterprise business, but it also shifts the company's focus into mobile cybersecurity and could have ramifications for the entire tech industry, Ives added.
"The Good acquisition puts them in a more high-growth market," he said.