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BlackBerry (BB) Teams Up With AMD on Robotics Platform, Up 7%
Zacks Investment Research· 2024-04-10 12:35
BlackBerry (BB) has teamed up with Advanced Micro Devices (“AMD”) to boost the development of an advanced robotic systems platform. The platform is being designed to augment performance, scalability and dependability for robotic systems in industrial and healthcare verticals. Following the announcement, shares of BlackBerry gained 7.6% and closed trading at $3.10 on Apr 9.Advanced Micro Devices is a dominant name in the semiconductor market on the back of its evolution as an enterprise-focus company from a ...
ETAS and BlackBerry QNX Forge Partnership to Provide the Safe and Secure Foundation for the Software-Defined Vehicle
Prnewswire· 2024-04-10 10:00
Simplifying processes for automakers and their suppliers through an efficient re-selling partnershipIntegrated solution leveraging ETAS AUTOSAR Adaptive middleware and QNX Operating SystemAlso includes ETAS' cybersecurity solutions in line with UN-R155, GB/T, and ISO/SAE 21434STUTTGART, Germany and WATERLOO, ON, April 10, 2024 /PRNewswire/ -- ETAS GmbH, a leading solution provider for the development of automotive software and BlackBerry QNX, a business unit of BlackBerry Limited (NYSE: BB; TSX: BB), have s ...
BlackBerry (BB) Upgraded to Strong Buy: What Does It Mean for the Stock?
Zacks Investment Research· 2024-04-09 17:01
BlackBerry (BB) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changing ea ...
BlackBerry Gains on IoT Growth, but Sours on Guidance Cut
MarketBeat· 2024-04-09 10:12
Key PointsBlackBerry once dominated the smartphone market as Research in Motion in the med-2,000s, ushering in the smartphone era, which was taken over by Apple's iPhone and Samsung's Galaxy smartphones.BlackBerry ditched smartphones and transitioned into a software company focused on mobile device management (MD) and unified endpoint management (UEM), offering cybersecurity and internet-of-things (IoT) solutions.The company reported fiscal Q4 2024 EPS beat by 7 cents as revenues rose 14.6% YoY but cut its ...
BlackBerry Announces Collaboration with AMD to Advance Foundational Precision and Control for Robotics Industry
Prnewswire· 2024-04-09 07:00
Collaboration to revolutionize robotics industry with enhanced real-time performance, precision, reliability, and scalability NUREMBURG, Germany, April 9, 2024 /PRNewswire/ -- At Embedded World today, BlackBerry Limited (NYSE: BB; TSX: BB) announced a collaboration with AMD designed to revolutionize next-generation robotic systems by enabling new levels of low latency and jitter, and repeatable determinism. Together, the companies will address the critical need for 'hard' real-time capabilities in robotics ...
BlackBerry(BB) - 2024 Q4 - Annual Report
2024-04-04 21:29
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________ FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 29, 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 specified ...
BlackBerry (BB) Q4 Earnings Beat Estimates, Revenues Up Y/Y
Zacks Investment Research· 2024-04-04 16:56
BlackBerry Limited (BB) reported fourth-quarter fiscal 2024 (ended Feb 29) adjusted earnings per share (EPS) of 3 cents. In the year-ago quarter, it incurred a non-GAAP loss of 2 cents. The Zacks Consensus Estimate was pegged at a loss of 3 cents.Quarterly total revenues were $173 million compared with the prior-quarter revenues of $151 million. Revenues benefited from solid demand for its solution across the advanced driver assistance systems market.The company expects fiscal first-quarter total revenues i ...
BlackBerry reports record Internet-of-Things revenues
Proactive Investors· 2024-04-04 10:19
About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...
BlackBerry earnings send BB stock up over 6%, what happened?
Invezz· 2024-04-04 09:42
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 earnings score big on IoT Copy link to section BlackBerry’s fiscal fourth quarter marked its “strongest-ever quarter” for the company’s IoT division, with CEO John J. Giamatteo noting that the company also made significant strides in advancing its cybers ...
BlackBerry(BB) - 2024 Q4 - Earnings Call Transcript
2024-04-04 00:03
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 c ...