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BlackBerry Announces Finance Leadership Changes
Prnewswire· 2024-07-29 12:00
WATERLOO, ON, July 29, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced a series of leadership changes designed to streamline its finance organization as it executes on its strategy to establish two distinct divisions (Cybersecurity and IoT).Tim Foote has been appointed as the Company's Chief Financial Officer, effective today. Foote will report to BlackBerry CEO, John J. Giamatteo.Tim Foote, BlackBerry Chief Financial OfficerFoote joined the Company following BlackBerry's acquis ...
Why Is BlackBerry (BB) Down 1.6% Since Last Earnings Report?
ZACKS· 2024-07-26 16:30
It has been about a month since the last earnings report for BlackBerry (BB) . Shares have lost about 1.6% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is BlackBerry due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. BlackBerry Q1 Earnings Beat EstimatesBlackBerry ...
3 IoT Stocks That Could Grow Your Wealth
Investor Place· 2024-07-21 17:00
The Internet of Things (IoT) refers to connected technology and devices that can communication between themselves and the cloud. An example is a smart home device communicating to a home’s thermostat to adjust the temperature. Another could be a stove preheating itself before one arrives home from work.IoT is expected to assist with being more energy efficient, optimizing supply chains and better managing inventory levels. The advent of artificial intelligence (AI) is expected to accelerate and advance the ...
Blackberry (BB) Boosts Software Portfolio With QNX Containers
ZACKS· 2024-07-18 14:46
BlackBerry Limited (BB) division, QNX, recently strengthened its software portfolio by unveiling cutting-edge QNX Containers. The move represents a significant advancement in container technology for QNX-based devices.QNX Containers facilitate the functioning and management of container technology on QNX-based devices. They offer a standards-based environment that harnesses the power of containerization while upholding the safety, security and reliability of the QNX microkernel model.The state-of-the-art co ...
BlackBerry (BB) Unveils CylanceMDR Pro to Boost Cybersecurity
ZACKS· 2024-07-18 14:11
BlackBerry Limited (BB) recently introduced a managed detection and response (MDR) service called CylanceMDR built on an Open XDR platform powered by AI. It is an expansive platform ecosystem supported by CylanceAI, which is renowned for being one of the longest-running and continuously enhancing predictive AI in the market.CylanceMDR Pro, a comprehensive solution for organizations, is designed to boost cybersecurity defenses. Blackberry noted that this single-platform solution is easily implemented and con ...
QNX Adds QNX Containers To Trusted Software Development Platform Portfolio
Prnewswire· 2024-07-17 13:00
World's most trusted RTOS integrates OCI container technology for OS-level virtualizationWATERLOO, ON, July 17, 2024 /PRNewswire/ -- QNX, a division of BlackBerry Limited (NYSE: BB; TSX:BB), today announced the launch of QNX® Containers. The launch expands the trusted QNX software portfolio to support operating system (OS) virtualization and containerization on QNX-based devices.QNX Containers provide a standards-based environment for the deployment, execution, and management of container technology on QNX- ...
BlackBerry Introduces CylanceMDR Pro: Expansive Platform Ecosystem Powered by AI
Prnewswire· 2024-07-17 10:00
Unified approach to predictive cyber-defense with simple pricing, increases visibility and boosts security posture, without changing existing software stack WATERLOO, ON, July 17, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced the launch of CylanceMDR™ Pro, a cutting-edge managed detection and response (MDR) service built on an Open XDR platform powered by AI. Designed to tackle the growing challenges of modern cybersecurity, CylanceMDR Pro overcomes the operational burden facin ...
Tech Stock Tumble Ahead: 3 Companies to Dump Now!
Investor Place· 2024-06-29 17:00
While it is true that technology stocks are leading the market higher, not every tech stock is a winner. As the Nasdaq index continues to hit record highs, many of its components are slumping badly and underperforming. The reality is that for every winner like Nvidia (NASDAQ:NVDA) stock, there are dozens of losers dragging down investor portfolios.The situation seems to have gotten worse following a string of recent earnings reports by tech companies. Shares of several notable names are sliding lower after ...
BlackBerry(BB) - 2025 Q1 - Quarterly Report
2024-06-27 20:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38232 ______________________________________________________ BlackBerry Limited (Exact name of registrant as specifi ...
Blackberry's Visibility To Near-term Profitability Is Starting To Improve - Analyst Eyes Value-creation Strategies
Benzinga· 2024-06-27 18:34
Loading...Loading...RBC Capital Markets analyst Paul Treiber reiterated the Sector Perform rating on BlackBerry Limited BB, with a price forecast of $3.BlackBerry’s first-quarter revenues of $144 million exceeded estimates, driven by a robust performance in its cybersecurity segment. BlackBerry’s cybersecurity revenue is expected to range between $82 million and $86 million in the second quarter.Check This Out: Why BlackBerry Shares Are Gaining ThursdayAccording to the analyst, visibility to near-term profi ...