BlackBerry Restricted (NYSE: BB) has introduced monetary outcomes for the second quarter of 2025, reporting a rise in revenues. On an adjusted foundation, the corporate’s backside line was flat.
August-quarter revenues elevated to $145 million from $132 million within the corresponding interval final 12 months. The topline benefitted from double-digit progress in IoT and cybersecurity revenues.
On an adjusted foundation, it was breakeven for the corporate within the second quarter, in comparison with a loss per share of $0.04 in Q2 2024. Reported web loss narrowed to $19 million or $0.03 per share within the second quarter from $42 million or $0.07 per share within the prior-year interval.
“BlackBerry reached a big milestone on our path to profitability by recording breakeven adjusted EBITDA and non-GAAP EPS. This consequence was achieved via a mix of stronger than anticipated, double-digit income progress for each IoT and Cybersecurity, in addition to large ongoing progress in rationalizing our price construction,” mentioned John Giamatteo, CEO of BlackBerry.
