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- Despite industry delays to automotive software development programs, our IoT division delivered its strongest ever quarter for revenue, as well as its best year for adding new QNX royalty backlog from design wins that resulted in 27% year-over-year growth to approximately $815 million," said John J. Giamatteo, CEO, BlackBerry.
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How did BlackBerry's IoT business perform this fiscal year?
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BlackBerry Reports Fourth Quarter and Full Fiscal Year 2024 Results. Delivers year-over-year revenue growth for both IoT and Cybersecurity divisions. IoT division reports record revenue quarter and QNX royalty backlog of $815 million. Cybersecurity division stabilizes ARR, with sequential growth and DBNRR improvement.
“This fiscal year, BlackBerry’s IoT business unit set a new record for QNX design wins, with royalty backlog reaching $640 million. Further, despite near-term macro and supply chain challenges for vehicle production, revenue increased by 16% year over year.
Apr 3, 2024 · BB.TO. Delivers year-over-year revenue growth for both IoT and Cybersecurity divisions. IoT division reports record revenue quarter and QNX royalty backlog of $815 million. Cybersecurity...
Apr 3, 2024 · IoT revenue was an all-time quarterly record $66 million, a 25% year-over-year increase; IoT gross margin remained at 85%. Cybersecurity revenue was $92 million , a 5% year-over-year increase;...
- CNW Group
Dec 20, 2023 · Process underway to establish fully standalone IoT and Cybersecurity divisions, separating centralized functions and right-sizing cost structures to increase options for maximizing shareholder...
Mar 31, 2022 · Delivers another record quarter for design-related revenue for IoT, both sequential and year over year billings growth for Cybersecurity, as well as positive operating cash flow and net...
Dec 20, 2022 · Beats expectations for both revenue and earnings and delivers strong year-over-year revenue growth for IoT business unit. Third Quarter Fiscal 2023: Total company revenue of $169 million. IoT...
