BlackBerry beats revenue estimates as it reaps rewards of Cylance buy [Toronto Globe and Mail (Ontario, Canada)]
BlackBerry Limited (BB)
Last blackberry limited earnings: 3/31 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
us.blackberry.com/company/investors
Company Research
Source: Toronto Globe and Mail
BlackBerry beats revenue estimates as it reaps rewards of Cylance buy Canadian software maker BlackBerry Ltd. on Wednesday beat analysts’ expectations for quarterly revenue, as it benefited from its recent $1.4-billion bet on cybersecurity firm Cylance. BlackBerry in February completed its acquisition of California-based Cylance, whose software uses machine learning to pre-empt security breaches. In the first quarter, adjusted revenue from Cylance was $51-million, above the average analyst estimate of $48.8-million. Story continues below advertisement Waterloo, Ontario-based BlackBerry, once known for its phones, has pivoted to selling software such as those used in mobiles and by automakers, and more recently supplying technology to companies developing driverless cars. BlackBerry’s adjusted revenue rose 23 per cent to $267-million in the quarter, beating estimates of $265-million, according to IBES data from Refinitiv. The company’s net loss narrowed to $35-million, or 9 cents per s
Show less
Read more
Impact Snapshot
Event Time:
BB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BB alerts
High impacting BlackBerry Limited news events
Weekly update
A roundup of the hottest topics
BB
News
- Big Tech 2025 outlook, Qualcomm and Arm: Market Domination Overtime [Yahoo! Finance]Yahoo! Finance
- Get ready for a pullback in tech stocks: Strategist [Yahoo! Finance]Yahoo! Finance
- 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