BlackBerry Limited's QNX Software Division Sees Record Revenue Amid Speculation of Strategic Separation
BlackBerry Limited’s stock is trading at $4.3200 as of June 18th, with a forward P/E of 42.92. The company’s IoT division, powered by QNX software, saw record revenue of $66 million in Q4 with 83% gross margins, driven by connected and autonomous vehicle technologies adoption. Speculation grows on potential strategic separation of IoT and cybersecurity units.
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Read more at Yahoo Finance: BlackBerry Limited (BB): A Bull Case Theory
