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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
BlackBerry (BB) closed the most recent trading day at $2.42, moving +1.68% from the previous trading session. The stock lagged the S&P 500's daily gain of 1.7%. At the same time, the Dow added 1.26%, and the tech-heavy Nasdaq gained 2.51%.The cybersecurity software and services company's shares have seen a decrease of 2.06% over the last month, not keeping up with the Computer and Technology sector's loss of 1.45% and the S&P 500's gain of 1.27%.Analysts and investors alike will be keeping a close eye on th ...
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 ...
BlackBerry (BB) Advances But Underperforms Market: Key Facts
ZACKS· 2024-09-13 22:51
The latest trading session saw BlackBerry (BB) ending at $2.48, denoting a +0.4% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.54%. Elsewhere, the Dow saw an upswing of 0.72%, while the tech-heavy Nasdaq appreciated by 0.65%.Coming into today, shares of the cybersecurity software and services company had gained 6.01% in the past month. In that same time, the Computer and Technology sector gained 3.3%, while the S&P 500 gained 4.86%.Market participants ...
BlackBerry (BB) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-09-10 22:55
BlackBerry (BB) closed the most recent trading day at $2.38, moving +1.28% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.45% for the day. Elsewhere, the Dow lost 0.23%, while the tech-heavy Nasdaq added 0.84%.Shares of the cybersecurity software and services company witnessed a gain of 8.8% over the previous month, beating the performance of the Computer and Technology sector with its loss of 0.98% and the S&P 500's gain of 2.54%.Market participants will be ...
Blackberry's QNX Used by HaleyTek for its Cockpit Software Platform
ZACKS· 2024-09-09 15:36
BlackBerry Limited (BB) has collaborated with HaleyTek AB to launch HaleyTek's Generic Automotive Platform (GAP). This cutting-edge cockpit software solution delivers a streamlined and flexible Android Automotive development environment, speeding up the deployment of advanced, next-generation infotainment systems.HaleyTek AB, a subsidiary of Volvo Cars, develops Android-based infotainment systems. It delivers advanced software solutions that improve the driving experience for Volvo Cars and other customers, ...