BlackBerry reports cash-positive first quarter
BlackBerry posted a positive cash position in its first quarter, Techmeme reported from the Financial Times, calling it the company's first cash-positive first quarter in any fiscal year since 2017. The improvement was attributed to QNX and Secusmart products, underscoring the company's shift from handsets to car and security software.
Why it matters
BlackBerry's turnaround shows legacy device brands can still find durable business in embedded software and security.
Sources
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Part of the August 16, 2026 brief.