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 development 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 internet 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 significant milestone on our path to profitability by recording breakeven adjusted EBITDA and non-GAAP EPS. This result was achieved through a combination of stronger than expected, double-digit revenue growth for both IoT and Cybersecurity, as well as tremendous ongoing progress in rationalizing our cost structure,” mentioned John Giamatteo, CEO of BlackBerry.
