BlackBerry third-quarter loss shrinks to US$11 million [BNN Bloomberg (Canada)]
BlackBerry Limited (BB)
Last blackberry limited earnings: 3/31 04:05 pm
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Source: BNN Bloomberg
Revenue for the quarter totalled $143 million, down from $152 million during the same quarter last year. Diluted loss per share came to two cents US, compared with five cents last year. CEO John Giamatteo says the company saw a “significant inflection” in its third-quarter results. He says profitability topped expectations thanks to strong revenue in the cybersecurity and Internet of Things divisions as well as a continued focus on cutting costs and driving efficiency. Earlier this week, BlackBerry announced it had signed a deal to sell its Cylance cybersecurity business to Arctic Wolf. This report by The Canadian Press was first published Dec. 19, 2024.
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News
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- BlackBerry Limited (NYSE: BB) was upgraded by analysts at TD Cowen from a "hold" rating to a "buy" rating. They now have a $4.00 price target on the stock, up previously from $3.25.MarketBeat
- BlackBerry Limited Price, Consensus and EPS Surprise [Yahoo! Finance]Yahoo! Finance
- BlackBerry Limited (NYSE: BB) had its price target raised by analysts at Canaccord Genuity Group Inc. from $2.80 to $3.00. They now have a "hold" rating on the stock.MarketBeat
BB
Earnings
- 12/19/24 - Beat
BB
Sec Filings
- 12/20/24 - Form 10-Q
- 12/19/24 - Form 8-K
- 12/16/24 - Form 8-K
- BB's page on the SEC website