BlackBerry Ltd. said Wednesday it expects increased revenue in fiscal 2024 and compound annual growth of up to 15% over the next three years. The...
BlackBerry Ltd. BB said Wednesday it expects increased revenue in fiscal 2024 and compound annual growth of up to 15% over the next three years. The Internet-of-Things and cybersecurity company said it expects revenue of $665 million to $700 million in fiscal 2024 revenue, compared with $624 million in 2023, while analysts surveyed by FactSet had forecast $690.4 million. BlackBerry shares rose 3.5% recent activity, while the S&P 500 index was up 1.1%.
... BlackBerry Ltd. BB said Wednesday it expects increased revenue in fiscal 2024 and compound annual growth of up to 15% over the next three years. The Internet-of-Things and cybersecurity company said it expects revenue of $665 million to $700 million in fiscal 2024 revenue, compared with $624 million in 2023, while analysts surveyed by FactSet had forecast $690.4 million. BlackBerry shares rose 3.5% recent activity, while the S&P 500 index was up 1.1%.
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