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Here's How BlackBerry (BB) is Placed Ahead of Q1 Earnings
ZACKS· 2024-06-24 15:15
BlackBerry Limited (BB) is scheduled to report first-quarter fiscal 2025 results on Jun 26.The Zacks Consensus Estimate is pegged at a loss of 4 cents per share, unchanged in the past 60 days. The company reported earnings per share (EPS) of 6 cents in the prior year quarter.In the last reported quarter, BB’s adjusted EPS was 3 cents. The company incurred a non-GAAP loss of 2 cents in the year-ago quarter. The Zacks Consensus Estimate was pegged at a loss of 3 cents. Total revenues were $173 million compare ...
BlackBerry to hold Annual Meeting of Shareholders on June 25, 2024
Prnewswire· 2024-06-13 21:05
WATERLOO, ON, June 13, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB) (TSX: BB) will hold its Annual General and Special Meeting (AGM) virtually, on June 25, 2024, at 1:00 pm ET.  The AGM, including the live audio webcast and voting platform, can be accessed at https://web.lumiagm.com/411599049 .Registered shareholders and duly appointed proxyholders can vote at the AGM.  Non-registered or beneficial shareholders who wish to vote at the AGM must appoint themselves as proxyholder by delivering a form of ...
BlackBerry (BB) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-06-12 22:50
In the latest market close, BlackBerry (BB) reached $2.77, with a +0.36% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 0.85% for the day. On the other hand, the Dow registered a loss of 0.09%, and the technology-centric Nasdaq increased by 1.53%.Prior to today's trading, shares of the cybersecurity software and services company had lost 20.46% over the past month. This has lagged the Computer and Technology sector's loss of 3.6% and the S&P 500's gain ...
BlackBerry to Announce First Quarter Fiscal Year 2025 Results on June 26, 2024
Prnewswire· 2024-06-12 21:05
WATERLOO, ON, June 12, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) will report results for the first quarter of fiscal year 2025 at 5:30 p.m. ET on Wednesday, June 26, 2024. The conference call can be accessed as a live webcast using the following link (here) or through the Company's investor webpage (BlackBerry.com/Investors) or by dialing toll free +1 (877) 883-0383 and entering Elite Entry Number 6322676.A replay of the conference call will be available at approximately 8:30 p.m. ET on Ju ...
3 Software Stocks to Buy on Weakness Before They Break Out
Investor Place· 2024-06-11 10:22
In recent weeks, many if not most software stocks have fallen sharply. Providing evidence for that assertion, the iShares Expanded Tech-Software ETF (NYSEMKT:IGV) sank from $85.13 on May 20 to $80.43 on Jun. 7. In my view, the decline was mainly due to two factors.First, a handful of software makers, including customer relationship management giant Salesforce (NYSE:CRM) and identity management player Okta (NASDAQ:OKTA), reported financial results that disappointed the Street. And second, most large investor ...
BlackBerry (BB) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-06-06 22:46
BlackBerry (BB) closed the most recent trading day at $2.81, moving +0.72% from the previous trading session. This change outpaced the S&P 500's 0.02% loss on the day. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, lost 0.09%.The the stock of cybersecurity software and services company has fallen by 2.45% in the past month, lagging the Computer and Technology sector's gain of 8.04% and the S&P 500's gain of 4.59%.Analysts and investors alike will be keeping a close eye on the performanc ...
Software Supply Chain Attacks Have Increased Financial and Reputational Impacts on Companies Globally, New BlackBerry Research Reveals
Prnewswire· 2024-06-06 10:00
Core Insights - Over 75 percent of software supply chains experienced cyberattacks in the past year, highlighting significant vulnerabilities in cybersecurity practices [1][4] - The study indicates that companies are struggling with visibility and monitoring of their software supply chains, which is critical for managing cybersecurity risks [2][3] Group 1: Cybersecurity Breaches and Recovery - 51 percent of companies managed to recover from a breach within a week, a slight decrease from 53 percent two years ago, while nearly 40 percent took a month to recover, an increase from 37 percent [2] - 74 percent of attacks originated from supply chain members that companies were unaware of or not monitoring prior to the breach [2] - Financial loss (64 percent), data loss (59 percent), reputational damage (58 percent), and operational impact (55 percent) were significant consequences of these breaches [2] Group 2: Confidence in Supply Chain Security - 68 percent of respondents expressed "very confident" feelings regarding suppliers' ability to identify and prevent vulnerabilities, while 63 percent felt the same about compliance practices [3] - 41 percent of companies conduct quarterly inventories of their supply chain partners for cybersecurity compliance, requesting proof such as a software bill of materials (SBOM) [3] - Barriers to regular software inventories include lack of technical understanding (51 percent), lack of visibility (46 percent), and lack of effective tools (41 percent) [3] Group 3: Consumer Communication and Impact - 78 percent of companies are tracking the impact of cyberattacks, but only 65 percent are informing customers about these incidents [4] - Concerns about negative impacts on corporate reputation (51 percent) and insufficient staff resources (45 percent) were the main reasons for not informing customers [4] Group 4: Vulnerable Components and Notification Times - The most vulnerable components identified were operating systems (27 percent) and web browsers (21 percent) [5] - Expected notification times for breaches include 34 percent within four hours, 46 percent within 24 hours, and 18 percent within 1-3 days [5] - 66 percent of respondents believe that suppliers' cybersecurity policies are of comparable strength, while 30 percent think they are stronger [5]
Penny Stock Peril: 7 Cheap Stocks That Could Leave You Penniless
Investor Place· 2024-06-05 17:53
Among the thousands of names in “penny stock territory” (stocks trading for $5 per share or less), there may be a handful where the potential rewards outweigh high volatility and risk. However, against this small group of strong opportunities are scores and scores of penny stocks to avoid.Interestingly, many of the top names you should avoid are this category’s largest, most heavily traded stocks. They lack what they have in name recognition in fundamentals or promising future prospects.As you may have gues ...
Pairwise Develops First Seedless Blackberry with Transformative CRISPR Technology
GlobeNewswire News Room· 2024-06-04 11:52
Core Insights - Pairwise has developed the world's first seedless blackberry using its proprietary Fulcrum™ Platform, marking a significant achievement in genetics-based innovation in food and agriculture [1][2] - The seedless blackberry is expected to transform the blackberry market and facilitate advancements in seedless varieties of other fruits, such as cherries [2] - The new blackberry variety is consistently sweet, holds up well during shipment, and addresses consumer preferences, as over 30% of berry buyers dislike seeds [3] Company Innovations - Pairwise has also edited the blackberry variety to eliminate thorns and create a more compact plant, enhancing harvest efficiency and productivity for growers [3][4] - The compact and thornless traits contribute to a more sustainable food system by reducing food waste and improving growers' economics [4] - The company aims to advance these innovations into outdoor field trials and plans to make them available to the public in a few years [4] Market Context - Recent innovations in produce have been rapidly adopted due to benefits such as improved flavor, consistency, and convenience for consumers [2] - Pairwise's mission includes increasing the consumption of high-quality, nutritious foods by providing new options with enhanced flavor and convenience [4] - The company has raised a total of $115 million, with $90 million from a series B funding round in February 2021, indicating strong investor confidence in its potential [5]
3 Meme Stocks to Avoid Despite Roaring Kitty's Return
Investor Place· 2024-06-04 10:00
As a general rule of thumb, investors should stay away from meme stocks to avoid. Once a company becomes genuinely classified as a meme stock, an entire community of online traders can leverage communication and aggregate resources to manipulate a stock’s value. Sometimes, it can be as simple as posting a meme about leaning forward when you take gaming more seriously, like in the case of the famed “Roaring Kitty.”However, the presence of meme stocks is likely emblematic of a deeper problem in American socie ...