BlackBerry reports Q2 FY2025 breakeven EBITDA, reduced net loss, and revenue growth in IoT and Cybersecurity.

BlackBerry reported its Q2 FY2025 results, achieving breakeven adjusted EBITDA and a reduced net loss of $19 million, down from $42 million a year prior. Revenue rose to $145 million, driven by 12% growth in IoT ($55 million) and 10% in Cybersecurity ($87 million). The company anticipates third-quarter revenue of $146-$154 million and expects to maintain a focus on cost reduction while working towards splitting its IoT and Cybersecurity divisions.

September 26, 2024
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