BlackBerry reports surprise profit on demand for cybersecurity services
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Canada's BlackBerry reported a surprise profit for the fourth quarter, with an adjusted net profit of 3 cents per share, beating analysts' average estimate of a loss of 3 cents. The company's quarterly revenue stood at $173 million, beating analysts' average estimate of $154.78 million. Revenue in the cybersecurity unit rose 5% year-on-year to $92 million, while revenue from its internet of things (IoT) business jumped 25% to $66 million. BlackBerry expects first-quarter revenue in the range of $130 million to $138 million, below analysts' estimate of $151.12 million. The company expects full-year 2025 revenue in the range of $586 million to $616 million and adjusted loss per share of 3 cents to 7 cents.

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https://www.investing.com/news/stock-market-news/blackberry-reports-surprise-profit-on-demand-for-cybersecurity-services-3364792