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Here is how BlackBerry (BB) and Fastly (FSLY) have performed compared to their sector so far this year.
BlackBerry (BB) expects total revenues in the range of $665-$700 million for fiscal 2024. Also, it is targeting revenues to be between $880 million and $960 million for fiscal 2026.
The security software and services provider expects 2026 revenue to be between $880 million and $960 million. "Gross margin for the Cybersecurity business unit is expected to increase by between 400 bps and 600 bps by FY26," it said. BlackBerry in December said revenue from its cybersecurity business would remain flat in the first half of 2023, but grow in the latter half.
BlackBerry Limited (NYSE: BB; TSX: BB) today provided its long-term financial targets in connection with its annual analyst summit event.
BlackBerry Limited (NYSE: BB) (TSX: BB) today announced the early access release of QNX® Software Development Platform (SDP) 8.0 to enable automakers and IoT systems developers to deliver more powerful products at lower costs, while maintaining the unparalleled safety, security and reliability standards that QNX technology has long been known for.
YouTube Host Matt Kohrs joins Yahoo Finance Live to discuss economic headwinds, the debt ceiling, the recession, the retail mindset, the banking crisis, meme stocks, and individual investing opportunities on Robinhood.
BlackBerry Limited (NYSE: BB; TSX: BB) today announced it will host the following investor event in May 2023:
Per the agreement, BlackBerry (BB) receives $170 million in cash on closing of the patent sale transaction.
BlackBerry Limited (NYSE: BB; TSX: BB) today announced the completion of the previously-announced sale of substantially all of its non-core patents and patent applications to Malikie Innovations Limited ("Malikie"), a wholly-owned subsidiary of Key Patent Innovations Limited.
BlackBerry Limited (NYSE: BB; TSX: BB) today announced a strategic partnership with McLeod Software, a leading Transportation Management System (TMS) provider, delivering enterprise software solutions to the transportation and logistics industry.
Yahoo Finance's Rachelle Akuffo takes a look at some of the top trending tickers through the morning of Tuesday's trading day.
BlackBerry Limited (NYSE: BB; TSX: BB) today announced that the BlackBerry Board of Directors (the "Board") will initiate a review of its portfolio of businesses. The assessment will assist the Board as it considers various strategic alternatives to drive enhanced shareholder value. These alternatives include, but are not limited to, the possible separation of one or more of BlackBerry's businesses.
BlackBerry Limited (NYSE: BB; TSX: BB) and Solutions Granted today announced an extended partnership, naming the leading cybersecurity services provider a Master Managed Security Services Provider (MSSP), enabling it to better scale and meet the growing demand for cybersecurity services among small and medium-sized businesses (SMBs).
BlackBerry Limited (NYSE: BB; TSX: BB) today released its latest Quarterly Global Threat Intelligence Report, highlighting an increase in cyberattacks directed at financial institutions, food retailers and healthcare providers, with 60 percent of all attacks targeting these three key industries.
BlackBerry Limited (NYSE: BB; TSX: BB) today announced a revamped AI-based Cylance® cybersecurity portfolio that advances the company's mission to deliver enterprise-grade security assurances to organizations at a fraction of the time, effort, and initial capital typically required.
At Hannover Messe, Germany, BlackBerry Limited (NYSE: BB; TSX: BB) today released the BlackBerry Manufacturing Cybersecurity Study1 with a warning that outdated and unsupported legacy operational technologies (OT) are exposing substantial vulnerabilities for manufacturers facing escalating threats from nation-state attacks.
For the Internet of Things (IoT) to reach its potential as a fully interconnected ecosystem the convergence of cybersecurity and the IoT is critical, according to a new and independent report published by McKinsey, and cybersecurity must be embedded in the IoT as opposed to being a separate software category that is bolted-on. McKinsey states that few companies can converge enterprise IT cybersecurity solutions with IoT platforms, and BlackBerry is a company that is well-positioned to do so. The
BlackBerry (NYSE: BB) has struggled to turn its operations around over the past 15 years. The company seems to always be in a state of transition. As a former investor in BlackBerry stock, the one thing I grew tired of was the company's declining sales.
BlackBerry (BB) provides users with a CylanceGUARD subscription with AtHoc features to tackle rising cyberattacks.
BlackBerry Limited (NYSE: BB) (TSX: BB) today announced a new integration that combines the award-winning Managed Detection and Response (MDR) protection of CylanceGUARD® with secure Critical Event Management (CEM) powered by BlackBerry® AtHoc®. In the event of a cyberattack, organizations that select a CylanceGUARD subscription with AtHoc features will benefit from secure, multi-channel internal and stakeholder communications for incident response actions, with the ability to alert, communicate
BlackBerry's (NYSE: BB) stock surged 14% on March 31 after it posted its latest earnings report. For the fourth quarter of fiscal 2023, which ended on Feb. 28, the enterprise software company's revenue declined 18% year over year to $151 million but met analysts' expectations.
BlackBerry's (BB) fourth-quarter fiscal 2023 revenues are impacted by weakness in Cybersecurity business.
Yahoo Finance Live anchors Rachelle Akuffo and Brad Smith discuss the rise in stock for Blackberry following fourth-quarter earnings.
BlackBerry (BB) delivered earnings and revenue surprises of 71.43% and 12.26%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?