Blackberry Limited: Blackberry Reports Fourth Quarter And Full Fiscal Year 2023 Results

BlackBerry Limited reported financial results for the three months ended February 28, 2023, with total company revenue of $151 million. The company set a new record for QNX royalty backlog of $640 million, and announced a patent sale transaction with Malikie Innovations Limited for up to $900 million. Additionally, BlackBerry’s Cybersecurity business unit launched new turnkey solutions, Cylance Endpoint and Cylance Edge. The company beat expectations for non-GAAP EPS this quarter.