BlackBerry warns of lower revenue for cybersecurity business amid ‘macro’ challenges | Globalnews.ca

In a preliminary look at its results for the quarter ended Feb. 28, BlackBerry says it expects total revenue of about US$151 million. Revenue from its internet of things business is expected to be about US$53 million, while cybersecurity revenue is expected to be about US$88 million. Licensing and other revenue is expected to be approximately US$10 million.

BlackBerry is scheduled to release its full financial results on March 30 when it will also provide its outlook for the year.

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

​BlackBerry says cybersecurity revenue will be lower than expected - BNN BloombergBlackBerry says it expects its fourth-quarter and full-year revenue for its cybersecurity business to be lower than expected as some large deals that were expected to close in the quarter were not completed in time.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

BlackBerry says cybersecurity revenue will be lower than expected as some large deals not completedBlackBerry executive chairman and chief executive John Chen says macro challenges were a key factor for the company’s cybersecurity business unit It is still alive?
Source: globeandmail - 🏆 5. / 92 Read more »