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 (NYSE: BB; TSX: BB) is a leading provider of intelligent security software and services for enterprises and governments globally. Headquartered in Waterloo, Ontario, BlackBerry specializes in cybersecurity, safety, data privacy, endpoint management, and embedded systems. The company's solutions power over 235 million vehicles worldwide, leveraging AI and machine learning to offer innovative and secure technology across various industries.
Once the world's largest smartphone manufacturer, BlackBerry has transitioned into a software company focused on securing the 'Enterprise of Things'. Its core business revolves around providing secure communication and endpoint management solutions, particularly in regulated industries like automotive, medical, and government sectors. The company's flagship enterprise security platform, BlackBerry Secure, integrates endpoint management, encryption, and embedded systems to ensure comprehensive security for organizations.
Recent achievements of BlackBerry include strategic partnerships and new product launches. The company has entered into a three-year agreement with Max-Atlas to integrate BlackBerry Radar® asset tracking technologies into intermodal container chassis, significantly enhancing supply chain logistics. Additionally, BlackBerry has expanded its collaboration with TTTech Auto to integrate the QNX® Operating System with advanced scheduling solutions, addressing the complexities of software-defined vehicles (SDVs).
BlackBerry's financial condition remains robust, with a notable increase in revenue for both its IoT and Cybersecurity divisions. The company reported a record revenue quarter for its IoT division and a stabilized annual recurring revenue (ARR) for its Cybersecurity division. BlackBerry also announced a joint cybersecurity leadership program in Malaysia, aimed at addressing the gender gap in the cyber industry and bolstering the region's cybersecurity capacity.
As part of its ongoing innovation, BlackBerry introduced Cylance Assistant, a generative AI cybersecurity advisor, and CylanceMDR™, a managed detection and response solution. These offerings highlight BlackBerry's commitment to leveraging AI for enhanced threat detection and security operations. The company also continues to receive industry recognition, such as the 2024 Gartner Peer Insights ‘Voice of the Customer’ designation for Unified Endpoint Management (UEM) tools.
For more detailed information and latest updates, visit BlackBerry's official website.
BlackBerry Limited (NYSE: BB) reported Q3 FY2021 results with non-GAAP revenue of $224 million and GAAP revenue of $218 million. Non-GAAP earnings per share was $0.02, while GAAP loss per share reached $0.23. Operating activities generated $29 million in cash. The company emphasized growth in software and services, along with strategic partnerships, notably with AWS for the BlackBerry IVY platform aimed at the automotive sector. The gross margin was strong, with 70% for non-GAAP and 68% for GAAP revenue.
BlackBerry Limited (NYSE: BB) announced that a California federal court dismissed claims by MobileIron accusing BlackBerry of extortion related to patent licensing. The court's stipulation requires MobileIron to cover BlackBerry's legal costs. BlackBerry firmly maintained its position, stating that its patent enforcement actions were legitimate. With around 38,000 patents globally, BlackBerry focuses on mobile security and enterprise software, securing over 500 million endpoints worldwide. The company looks forward to collaborating with Ivanti, MobileIron's new owner, for future reconciliation.
BlackBerry Limited (NYSE: BB; TSX: BB) will report its third-quarter fiscal year 2021 results on December 17, 2020, at 5:30 p.m. ET. Interested parties can join the conference call by dialing +1 (877) 682-6267 or via live stream on the company's investor website. A replay will be available later on the same day at approximately 8:30 p.m. ET. BlackBerry focuses on providing intelligent security software and services, securing over 500 million endpoints, including 175 million vehicles, leveraging AI for enhanced cybersecurity.
BlackBerry Limited (NYSE: BB) announced that its Unified Endpoint Manager (UEM) software has received NSA Commercial Solutions for Classified Program (CSfC) approval.
This certification allows the U.S. government to utilize cutting-edge cybersecurity technologies to safeguard critical information. CEO John Chen highlighted this achievement as a key addition to BlackBerry's portfolio of government certifications, which also includes NIAP, DoDIN APL, and FedRAMP.
BlackBerry secures over 500 million endpoints and 175 million cars globally, emphasizing its leadership in cybersecurity.
BlackBerry Limited (NYSE: BB) has partnered with Plus to use its QNX technology for the global deployment of Plus's automated driving system for Class 8 trucks. The collaboration marks Plus as the first developer to adopt BlackBerry's ISO 26262 ASIL-D safety-certified QNX OS. Planned commercialization starts in 2021, with thousands of automated trucks expected to be deployed in the US within two years. BlackBerry's solutions will enhance safety and security in automated driving systems, furthering the evolution of self-driving trucks in the logistics industry.
On Nov. 5, 2020, BlackBerry Limited (NYSE: BB) announced the launch of QNX OS for Safety 2.2, a safety-certified operating system for embedded systems. Developed from the QNX Neutrino RTOS, it complies with IEC 61508 SIL3, ISO 26262 ASIL D, and IEC 62304 Class C standards. The product includes pre-certified toolchains and C/C++ libraries, enhancing development efficiency. Major automotive suppliers are already using this platform for next-gen technology. BlackBerry QNX aims to secure its position as a leader in safety-critical systems across various industries.
BlackBerry Limited (NYSE: BB) announced its QNX technology will power the digital cockpit in the ARCFOX αT electric SUV. The cockpit includes a fully digital instrument cluster, console touchscreen, AC screen, and Heads-Up Display, all utilizing the QNX Hypervisor, which is the world's first ISO 26262 ASIL D safety-certified commercial embedded hypervisor. This collaboration aims to meet the growing demand for safe and seamless digital in-car experiences, highlighting BlackBerry's leadership in providing reliable software for critical embedded systems used in over 175 million vehicles globally.
On October 14, 2020, BlackBerry Limited (NYSE: BB; TSX: BB) announced a partnership with the Government of Ontario and Canadian Manufacturers & Exporters (CME) to boost Ontario's economic recovery post-COVID-19. BlackBerry will join the Ontario Made program to promote local products and establish a technology working group. Premier Doug Ford and CME CEO Dennis Darby highlighted BlackBerry's crucial role in the province's economy and innovation. BlackBerry has been a key player in Ontario since 1984, focusing on intelligent security solutions for enterprises and governments.
On October 8, 2020, BlackBerry Limited (NYSE: BB) announced a partnership with ServiceNow to integrate the BlackBerry AtHoc service into the Now Platform. This integration enhances crisis communication and IT management by allowing IT teams to manage incidents without switching applications, improving response times. The collaboration aims to bolster efficiency, productivity, and profitability by enabling seamless notifications about critical events. BlackBerry continues to focus on data security, leveraging AI and machine learning to protect over 500M endpoints globally.
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