earnings
confidence high
sentiment neutral
materiality 0.60
BlackBerry Q2 FY2024 revenue $132M, non-GAAP EPS loss $0.04 beats expectations
BLACKBERRY Ltd
2024-Q2 EPS reported
-$0.09
revenue$505,000,000
- Total revenue $132M; IoT $49M (+9% sequentially), Cybersecurity $79M, Licensing $4M.
- Non-GAAP loss per share $0.04 vs expectations; GAAP loss $0.07.
- Cybersecurity ARR $279M, billings $74M; reiterates full-year Cyber revenue outlook.
- Director Timothy Dattels resigns from board effective Sept 28, 2023.
- IoT Q4 forecasted to be strongest ever; QNX 8.0 beta positive response.