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BlackBerry Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2025-06-24 06:51
Group 1 - BlackBerry Limited is set to release its first-quarter earnings results on June 24, with analysts expecting earnings of $0 per share, a significant decrease from $2.73 per share in the same period last year [1] - The projected quarterly revenue for BlackBerry is $112.19 million, down from $144 million a year earlier [1] - BlackBerry's subsidiary QNX has signed a Memorandum of Understanding with Vector Informatik to develop a new software platform for software-defined vehicles [2] Group 2 - BlackBerry shares increased by 2.1%, closing at $4.32 on the day of the announcement regarding the MoU [2] - CIBC analyst Todd Coupland maintained an Outperformer rating but reduced the price target from $7 to $6 [5] - RBC Capital analyst Paul Treiber kept a Sector Perform rating and lowered the price target from $4 to $3.75 [5] - Canaccord Genuity analyst Michael Walkley maintained a Hold rating and cut the price target from $4.75 to $4.25 [5] - TD Cowen analyst Daniel Chan upgraded the stock from Hold to Buy and raised the price target from $3.25 to $4 [5]
LG Display Targets Future Markets with World-Leading Technology at SID Display Week 2025
Prnewswire· 2025-05-13 17:00
SEOUL, South Korea, May 13, 2025 /PRNewswire/ -- LG Display, the world's leading innovator of display technologies, is demonstrating its OLED technology leadership at the world's largest display exhibition. Under the theme, "Display Technologies Shaping the Future," the company has unveiled its full OLED lineup - covering large, medium, and automotive displays - at SID Display Week 2025 in San Jose, California. LG Display Targets Future Markets with World-Leading Technology at SID Display Week 2025 The ...
Ford Motor(F) - 2025 Q1 - Earnings Call Transcript
2025-05-05 21:00
Ford (F) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Company Participants Lynn Antipas Tyson - Chief Investor Relations OfficerJames Farley - President & CEOKumar Galhotra - Chief Operating OfficerSherry House - CFOAndrew Frick - President - Ford Blue and Model e, Interim Head - Ford ProAdam Jonas - Head of Global Auto & Shared Mobility ResearchJoseph Spak - Managing DirectorJohn Murphy - Managing DirectorCathy O’Callaghan - President & CEO - Ford Motor Credit Company Conference Call Participants Emmanue ...
Ford Motor(F) - 2025 Q1 - Earnings Call Transcript
2025-05-05 21:00
Ford (F) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Speaker0 Good day, everyone. My name is Leila, and I will be your conference operator today. At this time, I would like to welcome you to the Ford Motor Company First Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. If you would like to ask a question during this time, please click on the raise hand icon, whi ...
ECARX Announces First Quarter 2025 Unaudited Financial Results
Globenewswire· 2025-04-30 11:00
Core Viewpoint - ECARX Holdings Inc. reported strong financial performance in Q1 2025, with a 30% year-over-year revenue growth and a significant narrowing of operating losses, indicating effective execution of its strategic vision in the automotive technology sector [2][3]. Financial Performance - Total revenue for Q1 2025 was RMB 1,222.4 million (US$ 168.5 million), representing a 30% increase year-over-year [3]. - Sales of goods revenue reached RMB 879.2 million (US$ 121.2 million), up 16% year-over-year, driven by increased sales volume of automotive computing platform products [3]. - Software license revenue surged by 148% year-over-year to RMB 186.6 million (US$ 25.7 million), primarily due to heightened demand for operating software licenses [3]. - Service revenue increased by 49% year-over-year to RMB 156.6 million (US$ 21.6 million), attributed to growth in design and development contracts [3]. - Gross profit was RMB 242.5 million (US$ 33.5 million), with a gross margin of 20%, down from 22% in the same period last year [3]. - Net loss for the quarter was RMB 196.9 million (US$ 27.0 million), a significant reduction from RMB 304.0 million in Q1 2024 [9][24]. Business Developments - Shipments of ECARX technology reached 684,000 units in Q1 2025, bringing the total to over 8.7 million vehicles on the road [2][9]. - The company secured 8 new project wins under Geely's foundational E/E architecture, enhancing its position in the automotive market [9]. - ECARX introduced the ECARXperience, an advanced generative in-vehicle HMI system powered by its proprietary AutoGPT AI model [9]. Technological Advancements - The integration of intelligent cockpit, driving, and parking capabilities into the Antora® 1000 SPB has been successfully completed, with road testing already passed [9]. - The company partnered with HERE Technologies to launch a next-generation in-vehicle navigation system for global automakers [9]. Global Expansion - Plans are underway to establish a global supply chain center and an international engineering center in Singapore [9]. - The company raised US$ 45 million through its first public offering since listing, aimed at accelerating global expansion [2].
REE Automotive Awarded Frost & Sullivan's 2025 Company of the Year in the North American Electric Medium-Duty Vehicle Platform Industry
GlobeNewswire News Room· 2025-04-09 12:00
TEL AVIV, Israel, April 09, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company that develops and builds software-defined electric vehicles, is the recipient of Frost & Sullivan's 2025 Company of the Year award in the North American Electric Medium-Duty Vehicle Platform Industry category. The award honors REE for its innovative software-defined modular platform, which delivers scalable and flexible solutions to help OEMs and fleet operators address major challenges i ...