BlackBerry
BlackBerry is taking steps to further align operations and go-to-market efforts to its key market opportunities as well as strengthen its management team. This follows the company's previous announcement to separately report revenues of its operating business units in the new fiscal year.
Stock Exchange
When BlackBerry reported fourth-quarter 2021 and full fiscal year results Tuesday, the company missed quarterly and full-year revenue estimates. According to Canaccord Genuity analyst T. Michael Walkley, the miss was “primarily driven by licensing headwinds due to ongoing negotiations for the sale of part of its mobile device patent portfolio.”