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Technology Stocks : BB: BlackBerry (fka RIMM: Research in Motion)
BB 2.500+0.8%Jul 12 4:00 PM EDT

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From: Sultan4/3/2024 6:05:25 PM
1 Recommendation   of 1797
BlackBerry Reports Fourth Quarter and Full Fiscal Year 2024 Results

  • 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 expectation
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