BlackBerry LimitedNYSE: BB

BlackBerry (BB) concluded the recent trading session at $2.27, signifying a +0.44% move from its prior day's close.

BlackBerry (BB) closed at $2.39 in the latest trading session, marking a -1.24% move from the prior day.

At the Investor Day 2024 event, BlackBerry highlighted its plans for future profitability and is considering strategic alternatives for its Cylance business.

BlackBerry forecast profit for its next fiscal year above market estimates and said it was exploring options for its Cylance business, sending shares of the Canadian company more than 4% higher on Wednesday.

WATERLOO, ON / ACCESSWIRE / October 16, 2024 / BlackBerry Limited (NYSE:BB)(TSX:BB) held its 2024 Investor Day today, as part of its commitment to delivering greater transparency to investors. At the event, BlackBerry executives provided insight into the Company's vision and future plans, sharing: Profitability details for the Company's IoT and Cybersecurity divisions, including for the Cylance business Revenue and profitability forecasts for each division and the Company as a whole for fiscal 2026 and 2027 Capital allocation priorities and strategic direction "Today's Investor Day event showcased the tremendous progress we've made as a company since last December, both in terms of how we've positioned our IoT and Cybersecurity divisions to focus on their market opportunities, as well as the positive transformation in our financial performance," said John J.

Automakers choose trusted QNX safety and security-certified software to drive high performance and critical functionalities in autonomous and connected vehicles WATERLOO, ON / ACCESSWIRE / October 15, 2024 / BlackBerry Limited (NYSE:BB)(TSX:BB) today announced that TechInsights, a leading technology analysis and market research firm, has determined QNX® software is now embedded in more than 255 million vehicles worldwide; a year-over-year increase of 20 million and an increase of 80 million since 2020. QNX is trusted as the foundation for a software-driven future by most leading OEMs and Tier 1s worldwide, including BMW, Bosch, Continental, Dongfeng Motor, Geely, Honda, Mercedes-Benz, Toyota, Volkswagen, Volvo, and more.

75% of Developers Admit Deadline Urgency Often Compromises Functional Safety, Highlighting the Tension Between Rapid Innovation and Maintaining Certified, Robust Systems WATERLOO, ON / ACCESSWIRE / October 8, 2024 / BlackBerry Limited (NYSE:BB)(TSX:BB), today unveiled new research highlighting the mounting pressure on software engineers and developers to balance rapid innovation with safety and security. The comprehensive survey of 1,000 embedded software developers and engineers from around the world revealed the growing tension between meeting tight project deadlines and maintaining functional safety, with 75% of respondents acknowledging that urgency often forces them to compromise on key safety requirements.

WATERLOO, ON / ACCESSWIRE / October 1, 2024 / BlackBerry Limited (NYSE:BB)(TSX:BB) announced today that it has appointed automotive OEM and Tier 1 supplier veteran Lisa Bahash to its Board of Directors, effective September 26, 2024. "We are delighted to welcome Lisa to the BlackBerry board," said Dick Lynch, Board Chair.

The fallen Canadian tech giant still hasn't gotten back up yet.