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BlackBerry Unveils Strategic Plans for Revenue Growth at 2024 Investor Day

Graphique de l'évolution du cours de l'action BlackBerry QNX (EBR:BB).

BlackBerry Limited hosted its 2024 Investor Day at the New York Stock Exchange, aiming to enhance transparency with investors. The event highlighted the company's strategic vision and future financial forecasts. Key elements included profitability prospects for its IoT and Cybersecurity divisions, particularly for the Cylance business, and projections for fiscal years 2026 and 2027.

CEO John J. Giamatteo emphasized the company's progression since December and the refined focus on growth engines, particularly QNX. Establishing autonomous divisions and reducing costs have been pivotal in enhancing financial transparency. CFO Tim Foote reiterated the significance of this financial clarity for investors.

The event was accessible via webcast, with materials available on BlackBerry's website, EDGAR, and SEDAR+. The company continues to focus on intelligent security software and solutions globally.

R. H.

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