Financial PerformanceEPS was above expectations, mainly reflecting higher revenue and lower-than-expected operating expenses.
GrowthQNX was found on more than 235 million vehicles worldwide, marking an increase from the previous year.
Strategic DevelopmentsWith new CEO John Giamatteo focused on reducing costs and executing on the plan to separate the IoT and Cybersecurity businesses into standalone business units, the company remains open to selling off assets to potentially unlock shareholder value.