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) and PATEO have announced a significant partnership with Dongfeng Motor to incorporate BlackBerry IVY™ technology into the all-electric VOYAH H97 model. This design win follows a successful proof of concept, enabling rapid deployment of innovative driver and passenger applications. Set for mass production in 2024, the VOYAH H97 will also utilize the EVE-Ai™ battery management system to optimize EV performance. This collaboration aims to enhance the in-vehicle experience and expand BlackBerry's influence in the Chinese automotive market.
BlackBerry Limited reported strong financial results for Q3 Fiscal 2023, with total revenue reaching $169 million, exceeding expectations. The IoT business unit generated $51 million in revenue, marking a 19% year-over-year increase, while cybersecurity revenue stood at $106 million. Despite a GAAP basic loss per share of $0.01, the company reported a gross margin of 64%. Cash on hand totaled $505 million, though net cash used in operations was $185 million due to a one-time litigation settlement.
On December 14, 2022, BlackBerry Limited (NYSE: BB, TSX: BB) announced an interactive Q&A session with management, highlighting key developments for BlackBerry QNX and BlackBerry IVY at CES 2023. Interested investors can participate on January 6, 2023, at 1:00 PM PT. The event will showcase BlackBerry's full suite of automotive solutions at Booth #4025 in Las Vegas from January 5-8, 2023. Register for the webcast and access replay information on BlackBerry.com/Investors.
BlackBerry Limited (NYSE: BB) has partnered with Human Horizons to provide QNX technology for the HiPhi Z, a new electric vehicle featuring advanced autonomous driving capabilities. The HiPhi Z incorporates BlackBerry's QNX Neutrino RTOS and Hypervisor, enhancing safety and design flexibility. The vehicle offers a futuristic digital cockpit, driven by AI functionalities, including a voice assistant that interacts intuitively with drivers. This collaboration highlights BlackBerry's commitment to innovation in vehicle architecture, ultimately contributing to smarter and safer mobility solutions.
BlackBerry Limited (NYSE: BB; TSX: BB) plans to report its third-quarter fiscal 2023 results on December 20, 2022, at 5:30 p.m. ET. Investors can access the live conference call via webcast or by phone. The company will also target March 30, 2023 for announcing fourth-quarter results. BlackBerry excels in providing intelligent security software for over 500 million endpoints, including 215 million vehicles. Utilizing AI and machine learning, the company aims to enhance cybersecurity and data privacy solutions.
New research from Make UK and BlackBerry reveals that 42% of UK manufacturers experienced cybercrime in the past year, with 26% reporting significant financial losses between £50,000 and £250,000. The study highlights that while 95% of manufacturers acknowledge the necessity of cybersecurity measures, over half (54%) have not taken further action. Major risks include legacy IT systems (45%) and lack of cyber skills (38%). Despite improvements, many remain vulnerable to cyber threats, particularly from nation-state actors. The report emphasizes the urgent need for enhanced cybersecurity protocols.
BlackBerry Limited (NYSE: BB; TSX: BB) announced at AWS re:Invent 2022 an extension of its collaboration with Amazon Web Services (AWS) to offer BlackBerry QNX technology through the cloud for mission-critical embedded systems developers. This initiative aims to significantly decrease the time needed to market products. The BlackBerry QNX Real-Time Operating System (RTOS) will be demonstrated on AWS Graviton2 processors, aimed at various industries, including automotive, robotics, and medical devices. The partnership is expected to enhance development agility, streamline processes, and support the creation of software-defined vehicles.
BlackBerry Limited (NYSE: BB) announced the expansion of its SecuSUITE partner network in Asia Pacific, adding new partners from Australia and Thailand. This initiative aims to enhance secure communications for governmental and enterprise clients in the region. The new partners, NSI Global and Praesidium Group from Australia, along with Teletrol-One from Thailand, are set to deliver BlackBerry’s anti-eavesdropping technology. The expansion follows NATO's recent accreditation of SecuSUITE for official communications, highlighting its robust security features.
On November 8, 2022, BlackBerry Limited (NYSE: BB) announced its participation in several investor conferences this month. Key events include the RBC Capital Markets TIMT Conference on November 15 at 9:25 am ET, the TD Securities Technology Conference on November 22 at 1:00 pm ET, and the Credit Suisse Annual Technology Conference on November 29 at 5:45 pm ET. BlackBerry's IoT President and VP of Investor Relations will represent the company at these events. Live audio streams and replays will be accessible to the public.
BlackBerry Limited (NYSE: BB) released findings at its Security Summit, revealing that 80% of IT decision-makers experienced software supply chain attacks in the past year. A staggering 77% identified unknown participants in their supply chains, highlighting vulnerabilities. The survey showed that 59% faced operational disruptions, 58% data loss, and 52% reputational damage post-attack. Furthermore, 71% of respondents desired improved inventory tools, and 72% favored government oversight for enhanced cybersecurity in open-source software.
