BlackBerry Limited (NYSE:BB) shares are trading higher after it reported fourth-quarter FY24 results. Revenue of $173 million came better than $151 million a year ago, beating the consensus of $154.8 million. IoT revenue reached an all-time quarterly record of $66 million, up 25% Y/Y, and Cybersecurity revenue rose 5% Y/Y to $92 million. Adjusted gross margin expanded to 75% from 67% a year ago, with IoT gross margin remained flat Y/Y at 85%. Cybersecurity ARR increased 3% Q/Q to $280 million. Adjusted EBITDA stood at $21 million, significantly better than $(12) million a year ago. Also Read: …