Post by
Betteryear2 on Apr 03, 2024 5:12pm
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)
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