BlackBerry lifts adjusted revenues, profit in mixed Q3 helped by Cylance

Monday 23 December 2019 | 12:09 CET | News
BlackBerry said revenues for its third quarter to end November rose 18 percent from the year before to USD 267 million, boosted by software and services, which lifted 21 percent to USD 262 million. Adjusted revenues advanced 23 percent to USD 280 million, with software and services up 26 percent. Cylance contributed USD 40 million to revenues and that the operations CEO John Chen said in a post earnings call that Cylance will "no doubt" help drive stronger revenue growth next year, Reuters reported. Chen added that the company achieved sequential growth across all of its software businesses

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Categories: Mobile & Wireless
Companies: BlackBerry
Countries: World
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