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 generates news across automotive technology partnerships, cybersecurity product developments, and quarterly financial performance. The company's QNX embedded software platform produces announcements when automotive manufacturers select the technology for new vehicle platforms, partnerships that indicate future royalty potential. These design wins often precede production revenue by multiple years due to automotive development cycles.
Earnings releases provide visibility into how the IoT and Cybersecurity segments perform independently, showing whether automotive royalties or enterprise security subscriptions drive results. Product announcements detail enhancements to the QNX platform for software-defined vehicles and improvements to AI-driven threat prevention capabilities in endpoint security products. Executive leadership changes and strategic partnership expansions also generate material news.
Industry developments affecting automotive software adoption, such as regulatory changes around vehicle safety or cybersecurity requirements, influence BlackBerry's market opportunities. News about enterprise security breaches and ransomware incidents creates context for understanding demand drivers in the Cybersecurity segment. Track these developments to understand the competitive landscape and market conditions affecting BlackBerry's embedded software and security businesses.
BlackBerry Limited (NYSE: BB) has released its inaugural Environmental, Social, and Governance (ESG) report, detailing its strategy and accomplishments in addressing critical global challenges. The report focuses on three key areas: climate change, with the company achieving carbon neutrality; water security, including a new flood risk and clean water monitoring solution; and equality, with a diverse Board of Directors comprising 56% women and minorities. CEO John Chen emphasized the importance of corporate sustainability investments in tackling today's pressing issues.
BlackBerry Limited (NYSE: BB) has partnered with Midis Group to bolster its cybersecurity sales in Eastern Europe, the Middle East, and Africa. Midis Group, with over 5,000 employees and 170 affiliates, will enhance BlackBerry's market presence through local offices focused on unified endpoint management and AI-based cybersecurity solutions. The partnership underscores BlackBerry's commitment to enhancing cybersecurity capabilities amid a rise in cyber threats.
BlackBerry Limited (NYSE: BB) has launched the QNX® Hypervisor 2.2 for Safety, a safety-certified embedded hypervisor enabling the healthcare sector to expedite the delivery of secure medical devices. This product meets IEC 62304 Class C compliance and is certified for ISO 26262 ASIL D and IEC 61508 SIL3 standards. In response to increasing U.S. regulatory scrutiny over medical device security, this release aims to address market pressures and enhance cybersecurity in healthcare devices.
On April 26, 2022, BlackBerry Limited (NYSE: BB; TSX: BB) announced an upcoming investor event scheduled for May 4, 2022, at 3:00 PM ET. This event will feature a live Q&A session for retail investors, hosted by key executives including John Giamatteo and Mattias Eriksson. Participants can submit questions during the event or in advance via email. Registration for the event is available online, and a replay will be accessible on the BlackBerry investor relations website. The company emphasizes its commitment to enterprise security solutions.
BlackBerry Limited (NYSE: BB) reported a strong fiscal 2022, with total revenue reaching $718 million. The fourth quarter saw significant contributions from IoT and Cybersecurity, generating $185 million in revenue. IoT revenue hit $52 million, showing an 11% year-over-year increase, while Cybersecurity contributed $122 million. The company achieved positive operating cash flow of $10 million and a net profit. Notably, BlackBerry's QNX business set a record for design-related revenue.
Non-GAAP basic earnings per share were $0.01 for Q4, while GAAP EPS was $0.25. Looking ahead, the company anticipates continued momentum in billings.
BlackBerry Limited (NYSE: BB; TSX: BB) announced the deployment of its AtHoc critical event management platform in partnership with TELUS across all 13 municipalities and regional police in Niagara. This initiative aims to enhance communication and response capabilities during crises, benefiting nearly 500,000 residents. BlackBerry AtHoc is recognized for its security and effectiveness in real-time safety decision-making. The collaboration emphasizes modernization of emergency management systems, providing a secure mass communications solution to improve community safety.
BlackBerry Limited (NYSE: BB) announced an expansion of its collaboration with Marelli, a global automotive supplier, on March 21, 2022. The companies will integrate BlackBerry's QNX® Neutrino® RTOS and QNX® Hypervisor into Marelli's Cockpit Domain Controller, enhancing infotainment and digital cluster systems in vehicles. This partnership aims to provide innovative Digital Cockpit solutions for leading OEMs, reduce development costs, and ensure high safety standards. The collaboration began in 2016 and marks a commitment to advancing secure mobility technologies in China.
BlackBerry Limited (NYSE: BB) has announced the addition of 13 channel partners in the Asia Pacific region that will distribute BlackBerry Jarvis® 2.0, a software security tool for embedded systems. This tool aids in identifying cybersecurity vulnerabilities and ensuring compliance with regulations in industries such as transportation and medical equipment. Notably, BlackBerry Jarvis received recognition as a top binary analysis solution by the Aerospace Corporation for the U.S. Department of Defense. The initiative is timely as the region faces increasing IoT security threats.
BlackBerry Limited (NYSE: BB) will announce its fourth quarter and full fiscal year 2022 results on March 31, 2022, at 5:30 p.m. ET. The conference call can be accessed via phone at +1 (855) 761-5600 or streamed live on the company's website. A replay will be available later that evening at 8:30 p.m. ET. Target dates for quarterly earnings announcements for Fiscal Year 2023 are also provided, with planned dates ranging from June 23, 2022, to March 30, 2023.
BlackBerry Limited (NYSE: BB) has partnered with ISAAC Instruments to integrate BlackBerry Radar into ISAAC's Open Platform, enhancing fleet management capabilities for commercial trucking. This integration allows fleet managers to monitor tractor and trailer operations from a single console, improving efficiency and reducing costs. Titanium Transportation Group is the first customer to adopt this solution, enabling better asset utilization and productivity. The integration provides real-time data access on trailer status, optimizing driver hours and improving service delivery.
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