Welcome to our dedicated page for Blackberry news (Ticker: BB), a resource for investors and traders seeking the latest updates and insights on Blackberry stock.
BlackBerry Limited (BB) provides mission-critical cybersecurity solutions and embedded systems for global enterprises. This news hub offers investors and professionals timely updates on strategic initiatives across automotive security, artificial intelligence applications, and enterprise endpoint management.
Access all official press releases and market analyses in one centralized location, including earnings announcements, product innovations, and partnership developments. Our curated collection enables efficient tracking of BlackBerry's progress in securing connected vehicles, industrial IoT ecosystems, and government communications infrastructure.
Key updates cover regulatory filings, technology licensing agreements, and cybersecurity threat response initiatives. Bookmark this page for direct access to BlackBerry's evolving position in data protection markets and its QNX platform's expanding role in software-defined vehicles.
BlackBerry Limited (NYSE: BB) announced the integration of CylanceGUARD and BlackBerry AtHoc for enhanced cybersecurity response. This solution ensures secure communication during cyber incidents, even when traditional channels fail. Organizations subscribing to CylanceGUARD can now leverage AtHoc's multi-channel capabilities for rapid incident response and stakeholder communication. Over 75% of U.S. federal employees already use BlackBerry AtHoc for crisis management. Starting May 2023, existing customers can upgrade to this integrated solution. BlackBerry aims to provide a comprehensive, AI-driven approach to cybersecurity, securing over 500 million endpoints globally.
BlackBerry Limited (NYSE: BB) reported its Q4 fiscal 2023 results, showing a total revenue of $151 million, with IoT revenue at $53 million and Cybersecurity revenue at $88 million. Although the company faced a non-GAAP basic loss per share of $0.02, it surpassed non-GAAP EPS expectations. The QNX royalty backlog reached $640 million, marking significant growth despite ongoing macro challenges. BlackBerry also announced a patent sale with Malikie Innovations for up to $900 million, reflecting strong financial maneuvering. Overall, fiscal 2023 revenues totaled $656 million, with a non-GAAP basic loss per share of $0.18.
On March 23, 2023, BlackBerry (NYSE: BB) and Adobe (Nasdaq: ADBE) announced a partnership to provide a secure mobile forms solution. This solution combines BlackBerry UEM and Adobe Experience Manager Forms, ensuring compliance with stringent security standards for regulated industries. The integration allows users to securely complete and sign documents from mobile devices without a VPN, enhancing productivity and operational efficiency. BlackBerry UEM boasts the highest security certifications in the industry and was recognized by Gartner in the top right quadrant of their 2023 report.
Tech+IP Advisory has announced a significant patent sale transaction with BlackBerry (NYSE:BB), involving nearly 32,000 non-core patents, mainly related to mobile devices, messaging, and wireless networking. The deal, valued at up to $900 million, excludes core patents essential for BlackBerry's operations. Regulatory approvals from Canadian and U.S. authorities are required. The advisory firm highlighted the resilience of this process amidst global economic challenges, including inflation and market instability. Executives believe this transaction is a strategic move to redeploy capital into technology acquisitions and enhance shareholder value.
BlackBerry Limited (NYSE: BB) has entered into an agreement to sell almost all non-core patents and applications to Malikie Innovations Limited for up to $900 million. The deal involves $170 million in cash at closing and up to $30 million within three years, along with annual royalties based on profits generated from the patents. The royalties can reach a capped total of $700 million. The transaction is funded by a major US investment firm and is not subject to financing conditions. BlackBerry terminated its prior agreement with Catapult due to financing issues, opting for Malikie to enhance its focus on core IoT and cybersecurity sectors.
BlackBerry (NYSE: BB) announced preliminary financial results for fiscal year 2023, estimating total revenue at approximately
BlackBerry Limited (NYSE: BB) announced that its SecuSUITE® for Government 5.0 has achieved updated NIAP Certifications and complies with Commercial Solutions for Classified (CSfC) standards. This certification reinforces BlackBerry's commitment to providing robust security solutions amid rising national security threats, including surveillance tactics involving high-altitude balloons. The updated version also caters to enterprise clients, ensuring secure communications through end-to-end encryption across various devices. With over 500 million secured endpoints, BlackBerry aims to bolster cybersecurity for both businesses and governmental organizations.
BlackBerry has collaborated with Chongqing Yazaki Meter Co., Ltd to power a next-generation digital instrument cluster for vehicles from Geely Auto and Dongfeng Liuzhou Auto. The BlackBerry QNX Neutrino RTOS will enhance user experience with advanced safety and reliability features. This mass production includes 10.25 and 12.3 inch LCD clusters, improving driver interaction through cutting-edge Human-Machine Interface (HMI) technology. ISO 26262 ASIL D certification ensures compliance with automotive safety standards. This partnership positions BlackBerry in the growing automotive market, emphasizing safety, cybersecurity, and innovative automotive solutions.
On February 6, 2023, BlackBerry Limited (NYSE: BB) announced its participation in two major investor conferences:
- Baird's 2023 Vehicle Technology & Mobility Conference: February 15, 2023, at 11:25am ET, featuring a fireside chat with John Wall and Tim Foote.
- Wolfe Research Global Auto, Auto Tech, and Mobility Conference: February 16, 2023, at 8:55am ET, with discussions led by John Wall and Tim Foote.
Live streams and replays will be available on the BlackBerry investor relations website.
BlackBerry secures over 500 million endpoints globally, including 215 million vehicles, and aims to enhance cybersecurity and data privacy.
