In the latest market close, BlackBerry (BB) reached $2.27, with a +0.44% movement compared to the previous day. This change outpaced the S&P 500's 0.41% gain on the day. Elsewhere, the Dow gained 0.69%, while the tech-heavy Nasdaq added 0.8%.Shares of the cybersecurity software and services company witnessed a loss of 2.59% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 0.01% and the S&P 500's loss of 0.97%.The upcoming earnings release of BlackBerry ...

BlackBerry (BB) closed the latest trading day at $2.39, indicating a -1.24% change from the previous session's end. The stock trailed the S&P 500, which registered a daily loss of 0.03%. Elsewhere, the Dow lost 0.61%, while the tech-heavy Nasdaq added 0.56%. The the stock of cybersecurity software and services company has fallen by 4.72% in the past month, lagging the Computer and Technology sector's gain of 1.65% and the S&P 500's gain of 1.39%. The investment community will be paying close attention to th ...

BlackBerry Limited (BB) recently held its Investor Day 2024 event where it showcased the company’s roadmap for growth and profitability over the coming years. The event emphasized BlackBerry's focus on two major business divisions – the Internet of Things (IoT) and Cybersecurity.BlackBerry laid out its ambitious plan to return to profitability in fiscal 2025, with revenue growth forecasted for both IoT and Cybersecurity segments. BlackBerry aims to generate revenues between $591 million and $616 million for ...

The fallen Canadian tech giant still hasn't gotten back up yet.In June 2008, BlackBerry (BB 3.97%) -- then known as Research in Motion -- saw its stock hit a record high of $147.55 as its market cap hit $83.3 billion. It was the world's top smartphone maker and its business was firing on all cylinders.Today, BlackBerry's stock trades at about $2.50 a share with a market cap of $1.5 billion. It shed more than 98% of its value as it lost the smartphone market to Apple's iPhones and Alphabet's Google Android d ...

BlackBerry's (NYSE: BB ) (TSX: BB:CA ) results and guidance for its fiscal second quarter of 2025, reported on Sept. 26, indicate that the firm's Internet of Things unit remains headed for a bright future. Moreover, the company is making progress towards becoming profitable, and itsAnalyst’s Disclosure: I/we have a beneficial long position in the shares of BB either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38232 ______________________________________________________ BlackBerry Limited (Exact name of registrant as spec ...

BlackBerry BB stock is plunging Friday after reporting an upbeat second-quarter print Thursday.BlackBerry reported revenue of $145.00 million, beating the analyst consensus estimates of $141.42 million. IoT revenue increased by 12% to $55 million, up. Cybersecurity revenue grew by 10% to $87 million. Licensing revenue was $3 million.Also Read: BlackBerry Launches AI-Powered CylanceMDR Pro Cybersecurity For Businesses: DetailsBlackBerry expects third-quarter revenue of $146 million-$154 million and full-year ...

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 ...

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 ...

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 ...