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BlackBerry's (BB) fiscal fourth-quarter performance benefits from solid momentum across Cybersecurity and IoT business units.
BlackBerry reported record quarterly revenues in its Internet of Things (IoT) division in a post-session trading update, with total sales jumping 25% year on year to $66 million. At an 85% gross margin, IoT was a top cash generator for the mobile phone-cum-software company, though cybersecurity remained the primary revenue driver at $95 million in the quarter.
BlackBerry Ltd shares rose more than 6% in after-hours trading on Wednesday following the company's unexpected adjusted profit in its latest quarter, showcasing significant sales growth in its cybersecurity and internet-of-things (IoT) businesses.
BlackBerry Limited (NYSE:BB ) Q4 2024 Earnings Conference Call April 3, 2023 5:30 PM ET Company Participants Tim Foote - CFO Cybersecurity Division and Head of IR John Giamatteo - CEO Steve Rai - CFO Conference Call Participants Mike Walkley - Canaccord Genuity William Kerwin - Morningstar Paul Treiber - RBC Capital Markets Operator Good afternoon, and welcome to the BlackBerry Fourth Quarter and Full Fiscal Year 2024 Results Conference Call. My name is MJ, and I'll be your conference moderator for today's call.
Shares of BlackBerry Ltd. rose more than 6% in the extended session Wednesday after the tech company surprised investors with an adjusted profit in its latest quarter, showing hefty sales growth for its cybersecurity and internet-of-things businesses.
Delano Saporu, New Street Advisors founder and CEO, joins 'The Exchange' to discuss how to trade Levi Strauss, Conagra Brands, and BlackBerry.
BlackBerry's (BB) fourth-quarter performance is likely to have been cushioned by healthy uptake of cybersecurity solutions. However, IoT revenues are likely to have been affected by UAW labor disputes.
Some of the biggest stocks to ride auto industry trends are developing the “software defined vehicle,” or SDV. In other words, within a few years, many if not most new vehicles are going to be run and managed completely through software.
BlackBerry (BB) joins forces with Carahsoft to provide innovative cybersecurity tools to tackle evolving threats.
WATERLOO, ON , March 20, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) will report results for the fourth quarter of fiscal year 2024 at 5:30 p.m. ET on Wednesday, April 3, 2024.