BlackBerry (BB) Tops Q4 EPS by 7c, Beats on Revenue; Offers FY25 Guidance

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BlackBerry Reports Fourth Quarter and Full Fiscal Year 2024 Results

April 3, 2024 5:05 PM EDT

Delivers year-over-year revenue growth for both IoT and Cybersecurity divisionsIoT division reports record revenue quarter and QNX royalty backlog of $815 millionCybersecurity division stabilizes ARR, with sequential growth and DBNRR improvementSignificantly improves operating cash usage sequentially and expects to be cashflow and adjusted EBITDA positive for FY25Non-GAAP earnings per share beats expectations

WATERLOO, Ontario, April 3, 2024 /PRNewswire/ --... More