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flag BlackBerry beat Q3 earnings estimates despite a revenue drop, showing strength in cybersecurity and IoT.

flag BlackBerry reported better-than-expected Q3 earnings, with a $0.02 EPS, surpassing analyst estimates by $0.03, despite a 5.9% drop in revenue year-over-year. flag The company's Cybersecurity and IoT divisions showed strong performance, contributing to a return to profitability and positive cash flow. flag BlackBerry also announced the sale of its Cylance cybersecurity unit to Arctic Wolf, aiming to improve its financial profile. flag Shares traded down slightly to $2.98 amid mixed financial results and softer future guidance.

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