Blackberry Stock Price, News & Analysis

Visteon Corporation (NASDAQ: VC) and BlackBerry Limited (NYSE: BB) announced an expansion of their partnership to accelerate digital cockpit solutions for the automotive industry. As part of a multi-year agreement, Visteon will utilize BlackBerry's QNX software to develop advanced infotainment, instrument clusters, and telematics systems for various manufacturers. This collaboration builds on previous successes, including a 2017 project with a Chinese OEM. Visteon's SmartCore™ technology is expected to drive growth as it aligns with the increasing adoption of Android-based systems in vehicles.

BlackBerry Limited (NYSE: BB) has partnered with Ridecell Inc. to enhance fleet operations through the BlackBerry IVY™ platform. This collaboration will allow automotive OEMs to automate fleet management tasks, including diagnostics and vehicle access control, leveraging Ridecell's Fleet IoT Automation Platform. The integration of Ridecell's AI-driven NEMO Data Platform with BlackBerry IVY aims to provide real-time insights and generate crash analytics reports, complying with NHTSA regulations. This partnership positions BlackBerry as a key player in automotive software solutions.

BlackBerry Limited (NYSE: BB) announced the agenda for its 8th annual Security Summit on October 13, which will be hosted virtually. The event will feature keynotes from executives including CEO John Chen, and discussions on cybersecurity innovations and IoT technologies. Attendees will hear from industry leaders from organizations like AWS, GE Power, and the U.S. Congress. The summit aims to enhance understanding of current cybersecurity trends and practices. Registration is free, and interested parties can sign up at BlackBerry's website.

BlackBerry Limited (NYSE: BB) announced that Nitin Natarajan, Deputy Director of CISA, will speak at the BlackBerry Security Summit on October 13, 2021. In a discussion with Neelam Sandhu, he will address the evolving cyber threat landscape and CISA's priorities in managing critical infrastructure risks. The virtual event aims to unite global experts to discuss cybersecurity trends and innovations. BlackBerry secures over 500 million endpoints worldwide, emphasizing the need for collective defense against cyber threats.

BlackBerry Limited (NYSE: BB) reported Q2 fiscal 2022 revenue of $175 million, exceeding expectations. The Cyber Security segment generated $120 million, while IoT revenue reached $40 million. Non-GAAP loss per share was $0.06, with a GAAP loss of $0.25, impacted by a $67 million non-cash adjustment. The company appointed John Giamatteo as President of Cyber Security and continues to expand its footprint in the EV market. Cash reserves stand at $772 million. Outlook for FY 2022 will be detailed in the upcoming earnings call.

BlackBerry Limited (NYSE: BB; TSX: BB) announced on September 16, 2021, the upgrade of its SecuSUITE® for Government, now providing certified end-to-end encryption for group calls and instant messages. This enhancement secures communications against eavesdropping, particularly vital for government officials and enterprises globally. The technology currently protects 18 governments and has been certified by NIAP and NSA CSfC, ensuring a secure communication framework.

On September 9, 2021, BlackBerry Limited (NYSE: BB) announced enhancements to the integration of its Unified Endpoint Manager (UEM) with Microsoft 365. This upgrade enables enterprises to experience BlackBerry's advanced security features while utilizing Microsoft’s productivity tools. Key improvements include a secure version of modern authentication for cloud environments and enhanced integration with Microsoft Azure Active Directory for better security. BlackBerry emphasizes the importance of security and productivity in the evolving digital landscape.

BlackBerry Limited (NYSE: BB; TSX: BB) will report its results for the second quarter of fiscal year 2022 on September 22, 2021, at 5:30 p.m. ET. Investors can access the conference call by dialing +1 (877) 682-6267 or streaming it live on BlackBerry.com/Investors. A replay will be available at 8:30 p.m. ET on the same day. Target dates for upcoming quarterly earnings announcements are also provided, with the next being December 21, 2021.

BlackBerry Limited (NYSE: BB) announced its participation in the Jefferies Software Conference on September 14, 2021, at 1:30 PM ET. The company will be represented by Charles Eagan, Chief Technology Officer, who will discuss recent developments in BlackBerry's products. This virtual event will be publicly webcasted, and interested participants can register for the live session through the link provided on the BlackBerry Investor Relations website. BlackBerry focuses on providing intelligent security solutions.