BlackBerry Ltd (NYSE: BB) Reports $174 Million In Revenues In Q1 2022 On Improved Performance From Its Cyber Security And IoT Divisions

June 30, 2021

BlackBerry Ltd (NYSE: BB) posted revenues of $174 million in Q1 2022. Its Cyber security arm contributed higher revenues of $107 million, followed by IoT with revenues of $43 million in Q1 2022. Backlog royalty revenues increase 9% YoY BlackBerry’s EC, John Chen, said the company recognized strong growth in Q1 2022 from its IoT and Cyber Security divisions. Its design activity remains strong. The number of vehicles equipped with…

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