BlackBerry raises annual revenue forecast on robust demand for cybersecurity services
Canada’s BlackBerry raised its annual revenue forecast on Tuesday, anticipating steady demand for its cybersecurity services amid growing online crimes, sending the company’s U.S.-listed shares up 6% after the bell.
A rise in cybercrimes and hacks has spurred companies to invest heavily in cybersecurity, benefiting firms such as BlackBerry that provide security services.
