Unified approach to predictive cyber-defense with simple pricing, increases visibility and boosts security posture, without changing existing software stack WATERLOO, ON, July 17, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced the launch of CylanceMDR™ Pro, a cutting-edge managed detection and response (MDR) service built on an Open XDR platform powered by AI. Designed to tackle the growing challenges of modern cybersecurity, CylanceMDR Pro overcomes the operational burden facin ...

While it is true that technology stocks are leading the market higher, not every tech stock is a winner. As the Nasdaq index continues to hit record highs, many of its components are slumping badly and underperforming. The reality is that for every winner like Nvidia (NASDAQ:NVDA) stock, there are dozens of losers dragging down investor portfolios.The situation seems to have gotten worse following a string of recent earnings reports by tech companies. Shares of several notable names are sliding lower after ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38232 ______________________________________________________ BlackBerry Limited (Exact name of registrant as specifi ...

Loading...Loading...RBC Capital Markets analyst Paul Treiber reiterated the Sector Perform rating on BlackBerry Limited BB, with a price forecast of $3.BlackBerry’s first-quarter revenues of $144 million exceeded estimates, driven by a robust performance in its cybersecurity segment. BlackBerry’s cybersecurity revenue is expected to range between $82 million and $86 million in the second quarter.Check This Out: Why BlackBerry Shares Are Gaining ThursdayAccording to the analyst, visibility to near-term profi ...

BlackBerry NYSE: BB, one of the many companies that was once part of the “meme stocks” craze, is a technology firm that has transitioned its business from its handheld devices of the 2000s.  The firm's operations now revolve around cybersecurity and Internet of Things (IoT) solutions. With a market capitalization of $1.5 billion, it's still a somewhat large firm but has experienced dreadful performance recently.BlackBerry TodayBBBlackBerry$2.49 +0.28 (+12.67%) 52-Week Range$2.20▼$5.75Price Target$4.08Add to ...

BlackBerry Limited (BB) reported first-quarter fiscal 2025 (ended May 31) adjusted loss per share of 3 cents, narrower than the company’s estimate of a loss per share of 4-6 cents.In the year-ago quarter, it reported non-GAAP earnings of 6 cents per share. The Zacks Consensus Estimate was pegged at a loss of 4 cents per share.Quarterly revenues were $144 million compared with the prior-year quarter's figure of $373 million. However, the top line surpassed the company’s guidance of $130-$138 million. Softwar ...

AaronAmat Investment Thesis BlackBerry's (NYSE:BB) stock jumps 8% premarket on the back of its fiscal Q1 2024 report. And yet, I remain bearish on this stock. I contend that this cheer from investors is little more than a relief rally that its earnings results weren't worse. Essentially, I argue that this business has too little in the way of prospects. And then, to compound matters, the stock is already priced at 87x this year's EBITDA. For bullish investors, their argument is that the stock was once highe ...

BlackBerry Limited (NYSE:BB) Q1 2025 Earnings Call Transcript June 26, 2024 5:30 AM ET Company Participants Tim Foote - CFO Cybersecurity Division and Head of IR John Giamatteo - CEO Steve Rai - CFO Conference Call Participants Luke Junk - Baird Paul Treiber - RBC Capital Markets Todd Copeland - CIBC Kingsley Crane - Canaccord Genuity Operator Good afternoon, and welcome to the BlackBerry First Quarter Fiscal Year 2025 Results Conference call. My name is Carl and I'll be your conference moderator for today' ...

Exhibit 99.1 June 26, 2024 FOR IMMEDIATE RELEASE BlackBerry Reports First Quarter Fiscal Year 2025 Results • Exceeds quarterly revenue guidance for both IoT and Cybersecurity divisions • IoT achieves 18% year over year revenue growth in the quarter • Delivers sequential improvement in key Cybersecurity ARR and DBNRR metrics • Exceeds guidance for adjusted EBITDA and non-GAAP earnings per share • Makes significant progress in operational separation of IoT and Cybersecurity businesses Waterloo, Ontario - Blac ...

Exceeds quarterly revenue guidance for both IoT and Cybersecurity divisionsIoT achieves 18% year over year revenue growth in the quarterDelivers sequential improvement in key Cybersecurity ARR and DBNRR metricsExceeds guidance for adjusted EBITDA and non-GAAP earnings per shareMakes significant progress in operational separation of IoT and Cybersecurity businessesWATERLOO, ON, June 26, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today reported financial results for the three months ended May ...