Blackberry A Stunning Comeback AMD Partnership And Revenue Growth.
Posted: Apr 14, 2024
- Blackberry exceeded revenue expectations in Q4 FY24 - Revenues were $173m, higher than the estimated $154m - 25% revenue growth year over year in the IoT segment - Blackberry has strong positioning in high growth sectors, especially automotive - Global car sales numbers were up, with China seeing a 28% increase - Blackberry has strategic partnerships with top EV makers like BYD and Xiaomi - Foxconn is launching their 1st EV in 2025 with Blackberry QNX inside - Blackberry and AMD announced a partnership on Robotics technology - Blackberry is seen as an innovation icon, being compared to the Next Nvidia
Stay ahead of the market with AI stock alerts & AI summaries of the latest earnings, stock ideas for free with Fluid Bot. Sign up now!