The Globe and Mail reports in its Thursday edition that BlackBerry has cut revenue guidance again for its connected car software division as the company announced third-quarter results Wednesday, the first financial report issued on the watch of new chief executive officer John Giamatteo. The Globe's Sean Silcoff writes that company expects its Internet-of-things division, which makes software that connects vehicles to the Internet and powers advanced driver assistance systems, to post between $62-million and $66-million in revenue in the fourth quarter starting Dec. 1, which would bring full-year revenue for the division to between $211-million and $215-million (all figures U.S.). That is lower than the $225-million to $240-million range forecast for the IOT division for the full fiscal year when it last reported results in September. That in turn was down from the company's original forecast of $240-million to $250-million for IOT this year. The business, which is supposed to deliver 20-per-cent annual growth for the foreseeable future, is now on track to grow by less than 4.5 per cent year, according to management estimates. Mr. Giamatteo on a call cited recent automotive labour stoppages as part of the problem.