BlackBerry NYSE: BB, one of the many companies that was once part of the “meme stocks” craze, is a technology firm that has transitioned its business from its handheld devices of the 2000s.  The firm's operations now revolve around cybersecurity and Internet of Things (IoT) solutions. With a market capitalization of $1.5 billion, it's still a somewhat large firm but has experienced dreadful performance recently.BlackBerry TodayBBBlackBerry$2.49 +0.28 (+12.67%) 52-Week Range$2.20▼$5.75Price Target$4.08Add to ...

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 ...

AaronAmat Investment Thesis BlackBerry's (NYSE:BB) stock jumps 8% premarket on the back of its fiscal Q1 2024 report. And yet, I remain bearish on this stock. I contend that this cheer from investors is little more than a relief rally that its earnings results weren't worse. Essentially, I argue that this business has too little in the way of prospects. And then, to compound matters, the stock is already priced at 87x this year's EBITDA. For bullish investors, their argument is that the stock was once highe ...

BlackBerry Limited (NYSE:BB) Q1 2025 Earnings Call Transcript June 26, 2024 5:30 AM ET Company Participants Tim Foote - CFO Cybersecurity Division and Head of IR John Giamatteo - CEO Steve Rai - CFO Conference Call Participants Luke Junk - Baird Paul Treiber - RBC Capital Markets Todd Copeland - CIBC Kingsley Crane - Canaccord Genuity Operator Good afternoon, and welcome to the BlackBerry First Quarter Fiscal Year 2025 Results Conference call. My name is Carl and I'll be your conference moderator for today' ...

Exhibit 99.1 June 26, 2024 FOR IMMEDIATE RELEASE BlackBerry Reports First Quarter Fiscal Year 2025 Results • Exceeds quarterly revenue guidance for both IoT and Cybersecurity divisions • IoT achieves 18% year over year revenue growth in the quarter • Delivers sequential improvement in key Cybersecurity ARR and DBNRR metrics • Exceeds guidance for adjusted EBITDA and non-GAAP earnings per share • Makes significant progress in operational separation of IoT and Cybersecurity businesses Waterloo, Ontario - Blac ...

Exceeds quarterly revenue guidance for both IoT and Cybersecurity divisionsIoT achieves 18% year over year revenue growth in the quarterDelivers sequential improvement in key Cybersecurity ARR and DBNRR metricsExceeds guidance for adjusted EBITDA and non-GAAP earnings per shareMakes significant progress in operational separation of IoT and Cybersecurity businessesWATERLOO, ON, June 26, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today reported financial results for the three months ended May ...

WATERLOO, ON, June 25, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) announced today that the seven nominees listed in the company's management proxy circular dated May 3, 2024, for the company's annual and special meeting of shareholders held on June 25, 2024, were elected as directors to serve until BlackBerry's next annual shareholder meeting or until their successors are elected or appointed. The detailed results of the vote are set out below.Nominee Votes For % For Votes Withheld % Withhe ...

5.2 attacks per minute detected between January and March 2024WATERLOO, ON, June 25, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today released its latest Global Threat Intelligence Report, revealing that BlackBerry® cybersecurity solutions detected and stopped 3.1 million cyberattacks (37,000 per day) in the first quarter of 2024. Between January and March 2024, BlackBerry detected 630,000 malicious hashes, representing a 40 percent increase from its previous reporting period. Sixty percent ...

Sundry Photography Ahead of posting first-quarter fiscal year 2025 results post-market on June 26th, BlackBerry Limited (NYSE:BB) shares broke below the 50-day simple moving average near $3.00. After spiking above $3.50 on May 14, 2024, thanks to the GameStop (GME) meme-inspired rally, BB stock is down by 16.5% in the last quarter. What are markets fearful of ahead of its Q1 results? The GME stock run-up may have inadvertently prompted BlackBerry shareholders to sell now and ask questions after the repo ...

BlackBerry Limited (BB) is scheduled to report first-quarter fiscal 2025 results on Jun 26.The Zacks Consensus Estimate is pegged at a loss of 4 cents per share, unchanged in the past 60 days. The company reported earnings per share (EPS) of 6 cents in the prior year quarter.In the last reported quarter, BB’s adjusted EPS was 3 cents. The company incurred a non-GAAP loss of 2 cents in the year-ago quarter. The Zacks Consensus Estimate was pegged at a loss of 3 cents. Total revenues were $173 million compare ...