BlackBerry

June 27, 2024 – BlackBerry, now focusing on the Internet of Things (IoT) and cybersecurity, reported a narrower net loss than expected in its latest quarterly report, signaling the company’s efforts to restore its adjusted profitability. The tech firm, once known for its smartphones, revealed a net loss of 42million,or7centspershare,forthefirstquarter.Whilethislossishigherthanthe11 million loss incurred in the…