BlackBerry reported Q3 FY25 results, beating revenue guidance for both Cybersecurity and IoT divisions. Total revenue was $162 million, with IoT revenue at $62 million and Cybersecurity revenue at $93 million. The company achieved positive adjusted EBITDA of $23 million and adjusted EPS of $0.02, above guidance.BlackBerry reached a milestone of positive operating and free cash flow ahead of schedule. The company announced a definitive agreement to sell its Cylance business to Arctic Wolf, a transformational step to accelerate profitability. IoT revenue grew 13% sequentially, while Cybersecurity revenue increased 7%.For Q4 FY25, BlackBerry expects total revenue of $126-$135 million and adjusted EBITDA of $10-$20 million. The company raised the bottom end of its full-year IoT revenue guidance to $230-$235 million.

BlackBerry reported Q3 FY25 results, beating revenue guidance for both Cybersecurity and IoT divisions. Total revenue was $162 million, with IoT revenue at $62 million and Cybersecurity revenue at $93 million. The company achieved positive adjusted EBITDA of $23 million and adjusted EPS of $0.02, above guidance.BlackBerry reached a milestone of positive operating and free cash flow ahead of schedule. The company announced a definitive agreement to sell its Cylance business to Arctic Wolf, a transformational step to accelerate profitability. IoT revenue grew 13% sequentially, while Cybersecurity revenue increased 7%.For Q4 FY25, BlackBerry expects total revenue of $126-$135 million and adjusted EBITDA of $10-$20 million. The company raised the bottom end of its full-year IoT revenue guidance to $230-$235 million.