BlackBerry (BB 10.44%) stock is surging in Wednesday's trading. The tech company's share price was up 9.7% as of 3:30 p.m.
BlackBerry Limited (NYSE:BB ) Wolfe Research Auto, Auto Tech and Semiconductor Conference Call February 12, 2025 12:00 PM ET Company Participants John Wall - COO, QNX & Head, Product Engineering Tim Foote - CFO Conference Call Participants Shreyas Patil - Wolfe Research Shreyas Patil [Call Starts Abruptly] third parties may create. And in many ways, QNX has become the go-to OS provider for automakers.
BB's improving financial performance, strategic initiatives/collaborations and focus on IoT and Secure Communications units position it for long-term growth.
According to data compiled by S&P Global Market Intelligence, BlackBerry (BB 1.74%) stock was quite the outperformer over the past five trading days, with a more than 18% gain. Investors cheered the closing of an asset sale by the veteran Canadian tech company, in a deal that was announced toward the end of 2024.
BlackBerry (BB) concluded the recent trading session at $5.16, signifying a +1.57% move from its prior day's close.
Here is how BlackBerry (BB) and Ametek (AME) have performed compared to their sector so far this year.
BB sells its Cylance endpoint security assets to Arctic Wolf for $160 million in cash and equity.
New threat report addresses trends in threat actor methodology and secure communications threats WATERLOO, ON / ACCESSWIRE / January 15, 2025 / BlackBerry Limited (NYSE:BB)(TSX:BB) today released its latest Global Threat Intelligence Report, highlighting the threats stopped by BlackBerry® cybersecurity solutions and new trends in the cybersecurity threat landscape. Between July and September 2024, BlackBerry detected 600,000 attacks against critical infrastructure, 45 percent of which targeted the financial sector.
BlackBerry Limited (NYSE:BB ) 27th Annual Needham Growth Conference January 14, 2025 3:45 PM ET Company Participants John Giamatteo - CEO Tim Foote - CFO Conference Call Participants Matt Calitri - Needham & Company Matt Calitri All right. Well, welcome, everyone.
BB's improving financial performance, strategic initiatives/collaborations and focus on IoT and cybersecurity verticals position it for long-term growth.
I recognize BlackBerry Limited's significant progress in turning its operations around and delivering positive free cash flow. I believe the divestment of Cylance will streamline the business and enhance its profitability prospects. I acknowledge that competition in both the IoT and cybersecurity sectors remains a critical challenge for BlackBerry.
BlackBerry Executives to speak at upcoming Needham conference WATERLOO, ON / ACCESSWIRE / January 6, 2025 / BlackBerry Limited (NYSE:BB)(TSX:BB) today announced its participation at the following investor conference: 27th Annual Needham Growth Conference - Tuesday, January 14, 2024, at 3:45 pm ET John Giamatteo, BlackBerry Chief Executive Officer, and Tim Foote, BlackBerry Chief Financial Officer, will join Needham for a fireside chat. Register here for the live stream.