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; TSX: BB) announced the release of QNX Hypervisor 2.2 on February 11, 2021. This advanced real-time embedded hypervisor enables manufacturers to consolidate multiple systems onto a single hardware platform, reducing development costs. It incorporates enhancements for interrupt control, cryptography, and security, and supports Android and Linux within a virtual machine environment. BlackBerry's QNX technology plays a critical role in various industries including automotive and healthcare, securing over 500 million endpoints globally.
BlackBerry Limited (NYSE: BB; TSX: BB) announced on February 9, 2021 that its QNX Black Channel Communications Technology will be utilized in Motional's next-generation driverless vehicles. This partnership marks Motional as BlackBerry's first customer for this technology, aimed at enhancing safe data communication within vehicle safety systems. Certified to ISO 26262 ASIL D, this technology ensures functional safety in automotive data exchanges, significantly reducing risks from software and hardware faults. BlackBerry's QNX technology is embedded in over 175 million vehicles worldwide.
BlackBerry Limited (NYSE: BB) announced the expansion of its partnership with Baidu to integrate Baidu's high-definition maps with BlackBerry's QNX Neutrino RTOS, set for mass production in GAC Group's upcoming Aion models. This follows their January 2018 agreement and aims to enhance autonomous driving solutions. Baidu holds an Automotive SPICE certification, ensuring high standards in software development. BlackBerry QNX's technology is already utilized in over 175 million vehicles globally, focusing on safety, security, and reliability in automotive applications.
On January 25, 2021, BlackBerry Limited (NYSE: BB) issued a statement regarding recent stock trading activity following a request from the Investment Industry Regulatory Organization of Canada (IIROC). The company clarified that it is not aware of any undisclosed corporate developments that could explain the recent surge in its share price or trading volume. BlackBerry specializes in intelligent security software and services, securing over 500 million endpoints globally.
BlackBerry Limited (NYSE: BB; TSX: BB) announced its participation in three upcoming virtual investor conferences in January 2021. The schedule includes:
- Citi's 2021 Global TMT West Virtual Conference on January 7 at 1:00pm ET with CFO Steve Rai and Co-Head John Wall discussing with Jim Suva.
- J.P. Morgan's 19th Annual Tech / Auto Forum on January 12 at 5:45pm ET featuring a fireside chat with Steve Rai and John Wall.
- Needham's 23rd Annual Virtual Growth Conference on January 15 at 1:15pm ET with Ryan Permeh and Eric Cornelius.
Links to view the events will be available on BlackBerry’s investor 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.
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