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BlackBerry Reports Second Quarter Fiscal Year 2024 Results

For Q2 2024, BlackBerry reported $132m in total company revenue, with IoT accounting for $49m, cybersecurity $79m, and licensing and other making up $4m. Despite this, the company noted a non-GAAP basic loss per share of $0.04 and GAAP basic loss per share of $0.07. BlackBerry CEO, John Chen, forecasts strong IoT revenue for the year-end and potential growth within the cybersecurity business. Timothy Dattels is resigning from the company’s board of directors.

Source: www.prnewswire.com –

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