BLACKBERRY POSTS SURPRISE REVENUE RISE ON HIGHER SOFTWARE, LICENSING DEMAND

摘要

Canada's BlackBerry Ltd posted a surprise 6% rise in quarterly revenue on September 24, as sales of its security software product rose and its patent licensing business strengthened. U.S.-listed shares of BlackBerry, which sells security software to companies and governments as well as infotainment software to carmakers, rose 6% in early morning trade. BlackBerry's QNX car software sales, which had been under pressure due to a pandemic-related weakness in the U.S. auto industry, also improved in the quarter. Demand for new vehicles has been recovering after hitting a bottom in April, as lockdown restrictions ease and buyers return. "Some signs of recovery in auto production point to sequential revenue growth and a return to a normal run rate for QNX by early next year," Chief Executive John Chen said in a statement. The quarter benefited from higher sales of the company's core security software, Spark, as businesses continue to strengthen their IT security to support remote working trends.