BlackBerry(BB)

Search documents
BlackBerry's Q2 Earnings Beat Estimates, Revenues Up Y/Y, Stock Down
ZACKS· 2024-09-27 14:35
BlackBerry Limited (BB) reported breakeven second-quarter fiscal 2025 earnings, better than the company’s estimate of a loss per share of 2-4 cents. In the year-ago quarter, it reported a non-GAAP loss per share of 4 cents. The Zacks Consensus Estimate was pegged at a loss of 3 cents per share. Strong revenue growth and cost discipline aided the bottom-line performance.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Quarterly revenues of $145 million increased 9.9% year over year an ...
BlackBerry Q2 Earnings: A Tough Berry To Swallow
Seeking Alpha· 2024-09-27 13:10
Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...
BlackBerry: This Is Not An Inflection Point
Seeking Alpha· 2024-09-27 13:00
The resurgence of the meme stock mania last May had BlackBerry Limited (NYSE: BB ) stock pop over 15% within a day. However, I thought the meme stock mania would be short-lived compared to 2021, as BlackBerryDilantha De Silva is an experienced equity analyst and investment researcher with over 10 years in the investment industry. He writes insightful articles for Seeking Alpha, GuruFocus, TipRanks, and ValueWalk, with a significant following on Seeking Alpha. Dilantha’s expertise spans across various sector ...
BlackBerry(BB) - 2025 Q2 - Earnings Call Transcript
2024-09-27 00:54
BlackBerry Limited (NYSE:BB) Q2 2025 Earnings Conference Call September 26, 2024 5:00 PM ET Company Participants John Giamatteo - CEO Tim Foote - CFO Conference Call Participants Kingsley Crane - Canaccord Genuity Luke Junk - Baird Paul Treiber - RBC Capital Markets Daniel Chan - TD Cowen Trip Chowdhry - Global Equities Research Steven Li - Raymond James Operator Good day, and welcome to BlackBerry's Second Quarter Fiscal Year 2025 Earnings Call. All participants will be in listen-only mode. [Operator Instr ...
BlackBerry(BB) - 2025 Q2 - Quarterly Results
2024-09-26 21:20
Exhibit 99.1 September 26, 2024 FOR IMMEDIATE RELEASE BlackBerry Reports Second Quarter Fiscal Year 2025 Results • Achieves breakeven adjusted EBITDA and non-GAAP EPS for the quarter; GAAP net loss improves by $23 million, or 55% year-on-year to $19 million, and GAAP loss per share improves by $0.04 to $0.03 • Operating cash usage beats expectations, improving by $2 million sequentially and $43 million year-overyear • Revenue for both IoT and Cybersecurity divisions grows double-digit year-over-year; raises ...
5 Considerations Ahead Of BlackBerry's Q2 Earnings Report
Seeking Alpha· 2024-09-23 16:51
Chris Lau is an individual investor and economist with 30 years of experience covering life science, technology, and dividend-growth income stocks. He has degrees in Microbiology and Economics. Chris runs the investing group DIY Value Investing where he shares his top stock picks of undervalued stocks with catalysts for upside, dividend-income recommendations with quant and payment calendar tracking, high upside plays, and research requests to help you become a better do-it-yourself investor. Learn more.Top ...
Factors to Note Ahead of BlackBerry's Q2 Earnings Release
ZACKS· 2024-09-23 13:35
BlackBerry Limited (BB) is scheduled to report second-quarter fiscal 2025 results on Sept. 26.The Zacks Consensus Estimate is pegged at a loss of 3 cents per share, unchanged in the past 60 days. The company reported a loss per share of 4 cents in the prior-year quarter.In the last reported quarter, BB’s adjusted loss per share of 3 cents was narrower than the company’s estimate of a loss of 4-6 cents. It reported non-GAAP earnings of 6 cents per share in the year-ago quarter. The Zacks Consensus Estimate w ...
Here's Why BlackBerry (BB) Fell More Than Broader Market
ZACKS· 2024-09-20 22:50
BlackBerry (BB) closed the latest trading day at $2.38, indicating a -1.65% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.19%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq lost 0.36%.Shares of the cybersecurity software and services company witnessed a gain of 2.11% over the previous month, beating the performance of the Computer and Technology sector with its loss of 0.09% and the S&P 500's gain of 2.06%.The investment community will be paying cl ...
BlackBerry (BB) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2024-09-19 22:56
Company Performance - BlackBerry's stock closed at $2.42, with a daily increase of +1.68%, underperforming the S&P 500's gain of 1.7% [1] - Over the last month, BlackBerry's shares decreased by 2.06%, while the Computer and Technology sector lost 1.45% and the S&P 500 gained 1.27% [1] - The upcoming earnings report is scheduled for September 26, 2024, with an anticipated EPS of -$0.03, representing a 25% increase compared to the same quarter last year [1] - For the full year, the Zacks Consensus Estimates project an EPS of -$0.05 and revenue of $608 million, indicating changes of -200% and -28.72% from the previous year [1] Analyst Estimates - Recent changes to analyst estimates for BlackBerry reflect short-term business trends, with positive revisions indicating analysts' confidence in the company's performance [2] - The Zacks Rank system, which includes estimate changes, currently ranks BlackBerry at 3 (Hold) [2] - Over the last 30 days, the Zacks Consensus EPS estimate for BlackBerry has remained unchanged [2] Industry Overview - The Computer - Software industry is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 64, placing it in the top 26% of over 250 industries [3] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [3]
BlackBerry Adds Safety Certified Filesystem to its QNX Software
ZACKS· 2024-09-18 19:41
BlackBerry Limited (BB) has enhanced its trusted QNX OS for Safety by introducing a unique POSIX-compliant filesystem that includes integrity checking. This addition offers original equipment manufacturers (OEM) and other embedded software providers an extra layer of validation for developing safety-critical systems. This solution is now available as part of the QNX OS for Safety 2.2.3 release.Certified to ISO 26262 ASIL B, the functional safety standard for the automotive industry, the QNX Filesystem for S ...