BlackBerry(BB) - 2024 Q4 - Annual Results

Exhibit 99.1 Fourth Quarter Fiscal 2024 Financial Highlights April 3, 2024 FOR IMMEDIATE RELEASE 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 adj ...