BlackBerry Gains on IoT Growth, but Sours on Guidance Cut

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 ...