BlackBerry (BB) Q1 Earnings Beat Estimates, Revenues Down Y/Y

BlackBerry Limited (BB) reported first-quarter fiscal 2025 (ended May 31) adjusted loss per share of 3 cents, narrower than the company’s estimate of a loss per share of 4-6 cents.In the year-ago quarter, it reported non-GAAP earnings of 6 cents per share. The Zacks Consensus Estimate was pegged at a loss of 4 cents per share.Quarterly revenues were $144 million compared with the prior-year quarter's figure of $373 million. However, the top line surpassed the company’s guidance of $130-$138 million. Softwar ...