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

  • 📰 GlobalNational
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

BlackBerry warns of lower revenue for cybersecurity business amid ‘macro’ challenges

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 81. in US

United States United States Latest News, United States United States Headlines