BlackBerry Ltd T.BB

Alternate Symbol(s): BB

Technology Software - Infrastructure

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments around the world. The Company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The Cybersecurity segment consists of BlackBerry Spark, BlackBerry SecuSUITE and BlackBerry AtHoc. The IoT business consists of BlackBerry Technology Solutions (BTS) and BlackBerry IVY. The Licensing and Other segment consists primarily of the Company’s patent licensing business. The Company’s core secure software and services offerings are its Cylance cybersecurity and BlackBerry unified endpoint management (UEM) solutions, collectively known as BlackBerry Spark. Its Cylance cybersecurity solutions include CylanceENDPOINT, an integrated endpoint security solution that leverages the Cylance AI model and OneAlert EDR console. The BlackBerry UEM Suite includes the Company’s BlackBerry UEM, BlackBerry Dynamics and BlackBerry Workspaces solutions.

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Post by Betteryear2on Apr 03, 2024 5:12pm

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Post# 35968948

BlackBerry Reports Fourth Quarter

Delivers year-over-year revenue growth for both IoT and Cybersecurity divisions
IoT division reports record revenue quarter and QNX royalty backlog of $815 million
Cybersecurity division stabilizes ARR, with sequential growth and DBNRR improvement
Significantly improves operating cash usage sequentially and expects to be cashflow and adjusted EBITDA positive for FY25
Non-GAAP earnings per share beats expectations

WATERLOO, Ontario, April 3, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today reported financial results for the three months and fiscal year ended February 29, 2024 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).

BlackBerry Reports Fourth Quarter and Full Fiscal Year 2024 Results (prnewswire.com)