Blackberry Stock Price, News & Analysis

BlackBerry Limited (NYSE: BB) announced that Nitin Natarajan, Deputy Director of CISA, will speak at the BlackBerry Security Summit on October 13, 2021. In a discussion with Neelam Sandhu, he will address the evolving cyber threat landscape and CISA's priorities in managing critical infrastructure risks. The virtual event aims to unite global experts to discuss cybersecurity trends and innovations. BlackBerry secures over 500 million endpoints worldwide, emphasizing the need for collective defense against cyber threats.

BlackBerry Limited (NYSE: BB) reported Q2 fiscal 2022 revenue of $175 million, exceeding expectations. The Cyber Security segment generated $120 million, while IoT revenue reached $40 million. Non-GAAP loss per share was $0.06, with a GAAP loss of $0.25, impacted by a $67 million non-cash adjustment. The company appointed John Giamatteo as President of Cyber Security and continues to expand its footprint in the EV market. Cash reserves stand at $772 million. Outlook for FY 2022 will be detailed in the upcoming earnings call.

BlackBerry Limited (NYSE: BB; TSX: BB) announced on September 16, 2021, the upgrade of its SecuSUITE® for Government, now providing certified end-to-end encryption for group calls and instant messages. This enhancement secures communications against eavesdropping, particularly vital for government officials and enterprises globally. The technology currently protects 18 governments and has been certified by NIAP and NSA CSfC, ensuring a secure communication framework.

On September 9, 2021, BlackBerry Limited (NYSE: BB) announced enhancements to the integration of its Unified Endpoint Manager (UEM) with Microsoft 365. This upgrade enables enterprises to experience BlackBerry's advanced security features while utilizing Microsoft’s productivity tools. Key improvements include a secure version of modern authentication for cloud environments and enhanced integration with Microsoft Azure Active Directory for better security. BlackBerry emphasizes the importance of security and productivity in the evolving digital landscape.

BlackBerry Limited (NYSE: BB; TSX: BB) will report its results for the second quarter of fiscal year 2022 on September 22, 2021, at 5:30 p.m. ET. Investors can access the conference call by dialing +1 (877) 682-6267 or streaming it live on BlackBerry.com/Investors. A replay will be available at 8:30 p.m. ET on the same day. Target dates for upcoming quarterly earnings announcements are also provided, with the next being December 21, 2021.

BlackBerry Limited (NYSE: BB) announced its participation in the Jefferies Software Conference on September 14, 2021, at 1:30 PM ET. The company will be represented by Charles Eagan, Chief Technology Officer, who will discuss recent developments in BlackBerry's products. This virtual event will be publicly webcasted, and interested participants can register for the live session through the link provided on the BlackBerry Investor Relations website. BlackBerry focuses on providing intelligent security solutions.

BlackBerry Limited (NYSE: BB) announced the opening of registrations for its 8th annual Security Summit, scheduled for October 13, 2021. This year, the event will be held virtually and is free to attend. Participants can expect a mix of live and OnDemand sessions covering cybersecurity, AI, machine learning, and IoT. Notable speakers include CEO John Chen and other executives, discussing trends and BlackBerry's strategic vision. The company secures over 500M endpoints globally, signifying its strong position in the cybersecurity domain.

BlackBerry Limited (NYSE: BB) announced that its products, BlackBerry Protect and BlackBerry Optics, achieved a 100% prevention and 100% detection rate with zero false positives in a recent SE Labs Breach Response test. The testing simulated real-world hacking attacks, confirming the effectiveness of the AI-driven endpoint protection. BlackBerry's solutions were able to block all threats before any potential damage occurred, reinforcing the company's commitment to cybersecurity excellence.

On August 17, 2021, BlackBerry issued a public advisory regarding an integer overflow issue affecting older versions of its QNX Real-Time Operating System (RTOS) from 2012 and earlier. The company confirmed that no current versions are impacted and has provided software patches and 24/7 support to affected customers, all of whom have been notified. BlackBerry is committed to software security and is working with government agencies and industry groups to address the issue.