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BlackBerry (BB) Unveils CylanceMDR Pro to Boost Cybersecurity
ZACKS· 2024-07-18 14:11
BlackBerry Limited (BB) recently introduced a managed detection and response (MDR) service called CylanceMDR built on an Open XDR platform powered by AI. It is an expansive platform ecosystem supported by CylanceAI, which is renowned for being one of the longest-running and continuously enhancing predictive AI in the market.CylanceMDR Pro, a comprehensive solution for organizations, is designed to boost cybersecurity defenses. Blackberry noted that this single-platform solution is easily implemented and con ...
QNX Adds QNX Containers To Trusted Software Development Platform Portfolio
Prnewswire· 2024-07-17 13:00
Core Insights - QNX, a division of BlackBerry Limited, has launched QNX® Containers, enhancing its software portfolio to support OS virtualization and containerization on QNX-based devices [1][2] Group 1: Product Features - QNX Containers provide a standards-based environment for deploying, executing, and managing container technology, ensuring safety, security, and reliability through the QNX microkernel architecture [2][3] - The containers allow for restrictions on various features such as networking, filesystems, and device access, providing secure and isolated embedded containers while maintaining high performance and real-time capabilities of QNX® OS 8 [2] - QNX Containers can coexist with the QNX® Hypervisor, enabling simultaneous use of virtual machines and containers [2] Group 2: Market Position and Strategy - Development teams can integrate containerization into their strategy without compromising on their choice of RTOS, as QNX Containers offer a standards-based way to package applications and dependencies [3] - The product is compliant with Open Container Initiative (OCI) standards and supports Kubernetes toolchains and Docker repositories, built according to ISO 21434 security processes for functional safety certification [3] Group 3: Future Outlook - QNX Containers are expected to be available in Q4 2024, with ongoing collaborations with customers to leverage the new technology [4] - The company aims to enable customers to build safe, secure, and reliable systems at scale, from cloud to device and across various performance platforms [4] Group 4: Company Overview - BlackBerry provides intelligent security software and services globally, powering over 235 million vehicles and focusing on cybersecurity, safety, and data privacy [5] - The company leverages AI and machine learning to deliver innovative solutions and is a leader in endpoint security management and embedded systems [5]
BlackBerry Introduces CylanceMDR Pro: Expansive Platform Ecosystem Powered by AI
Prnewswire· 2024-07-17 10:00
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 ...
Tech Stock Tumble Ahead: 3 Companies to Dump Now!
Investor Place· 2024-06-29 17:00
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 ...
BlackBerry(BB) - 2025 Q1 - Quarterly Report
2024-06-27 20:18
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 ...
Blackberry's Visibility To Near-term Profitability Is Starting To Improve - Analyst Eyes Value-creation Strategies
Benzinga· 2024-06-27 18:34
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 Stock: Strong Earnings, Profitability Challenges Ahead
MarketBeat· 2024-06-27 15:49
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 (BB) Q1 Earnings Beat Estimates, Revenues Down Y/Y
ZACKS· 2024-06-27 14:26
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 ...
BlackBerry Earnings: This Stock Is Berry Expensive
Seeking Alpha· 2024-06-27 10:37
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(BB) - 2025 Q1 - Earnings Call Transcript
2024-06-26 23:45
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' ...