BlackBerry Ltd. (BB)
BlackBerry Unveils Strategic Relaunch of QNX Brand to Reinforce Leadership in Automotive and General Embedded Industries
Divisional Name Change Builds on Brand Strength and Trust in QNX's Foundational Software WATERLOO, ON / ACCESSWIRE / January 2, 2025 / BlackBerry Limited (NYSE:BB)(TSX:BB) today announced a divisional name change and the relaunch of its QNX brand to boost recognition and reinforce its leadership within the automotive and general embedded industries. Previously named ‘BlackBerry IoT', the decision to rename the division as ‘QNX' and relaunch the QNX brand was shaped by input from customers, partners, employees and other stakeholders and it's revitalization represents an important milestone in QNX's storied history along with a recognition of its potential to play an even bigger role powering the next-generation Software-Defined Vehicles and mission-critical systems of the future.
All You Need to Know About BlackBerry (BB) Rating Upgrade to Strong Buy
BlackBerry (BB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
BlackBerry Rallies 47% in a Month: What is Driving the Stock?
Though momentum in IoT bodes well, BB faces several external risks that could put pressure on its performance.
BlackBerry Q3: The Cylance Aftermath
BlackBerry's divestiture of its Cylance assets highlighted ongoing revenue struggles and failed growth initiatives in cybersecurity. BlackBerry's revenue forecast was weak, with analysts still lowering estimates and the stock trading below comparable software companies. Management need to prove that the overall business can grow at a meaningful rate if shares are to see any upside.
Why BlackBerry Stock Is Skyrocketing Today
BlackBerry (BB 24.16%) stock is surging in Friday's trading following the company's recent earnings report. The tech specialist's share price was up 22.4% as of 2:15 p.m.
BlackBerry Growth Hinge On IoT, Secure Communications Despite Valuation Concerns: Analyst
BlackBerry Ltd BB stock surged upwards on Friday. The company reported third-quarter results after the market closed on Thursday.
3 Good Things About BlackBerry Q3 Earnings (Rating Upgrade)
BlackBerry stock surged from $2.35 to $3.49, driven by profitable Q3 results, with a gross margin of 74% and IoT revenue growth of 13%. The sale of BlackBerry Cylance will strengthen the balance sheet, allowing focus on IoT growth and potential M&A activities. Despite disappointing past under-performance, BlackBerry's streamlined operations and improved financial position make it a speculative buy, though caution is advised due to historical volatility.
BlackBerry's Q3 Earnings Top Estimates, Revenues Down Y/Y, Stock Rises
BB's fiscal third-quarter earnings surpass guidance. Revenues decline year over year due to tough comparisons.
BlackBerry Limited (BB) Q3 2025 Earnings Call Transcript
BlackBerry Limited (NYSE:BB ) Q3 2025 Results Conference Call December 19, 2024 5:30 PM ET Company Participants Martha Gonder - Director of Investor Relations John Giamatteo - Chief Executive Officer Tim Foote - Chief Financial Officer Conference Call Participants Todd Coupland - CIBC Luke Junk - Baird Kingsley Crane - Canaccord Genuity Paul Treiber - RBC Capital Markets Daniel Chan - TD Cowen Operator Good afternoon, and welcome to the BlackBerry Third Quarter Fiscal Year 2025 Results Conference Call. My name is Alicia, and I'll be your conference moderator for today's call.
BlackBerry Reports Third Quarter Fiscal Year 2025 Results
Beats top end of revenue guidance range for both Cybersecurity1 and IoT divisions; raises bottom end of full-year guidance range for IoT Delivers positive adjusted EBITDA1 and adjusted EPS1 above guidance range; GAAP basic EPS improves both sequentially and year-over-year Achieves milestone of positive operating and free cash flow ahead of schedule WATERLOO, ON / ACCESSWIRE / December 19, 2024 / BlackBerry Limited (NYSE:BB)(TSX:BB) today reported financial results for the three months ended November 30, 2024 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated). "BlackBerry achieved a significant inflection in its results this past quarter.
BlackBerry to Divest Cylance Asset to Arctic Wolf, Stock Soars 15%
Arctic Wolf will acquire BB's Cylance tool for $160 million in cash and equity, integrating Cylance's capabilities into its AI-driven open XDR Aurora platform.
Why BlackBerry Stock Soared 16% Today
Shares of one-time smartphone leader BlackBerry (BB 13.76%) stock soared 16% through 11:40 a.m. ET Monday morning after the company announced it will sell its Cylance endpoint security assets to private cybersecurity operator Arctic Wolf.
