Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
CanadaIPO:
04 February 1999Website:
http://www.blackberry.comNext earnings report:
27 September 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:59:36 GMTDividend
Analysts recommendations
Institutional Ownership
BB Latest News
The stock market might be near all-time highs, but it's not champagne and caviar for every company or their shareholders. Many stocks are deep in the red this year despite the gains seen across the indices.
While it is true that technology stocks are leading the market higher, not every tech stock is a winner. As the Nasdaq index continues to hit record highs, many of its components are slumping badly and underperforming.
RBC Capital Markets analyst Paul Treiber reiterated the Sector Perform rating on BlackBerry Limited BB, with a price forecast of $3.
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.
BlackBerry's (BB) fiscal first-quarter top and bottom-line numbers exceed management's guidance.
Blackberry Ltd (TSX:BB) shares pointed higher in premarket, after the telecoms tech company reported better-than-expected financials for its first quarter. The company's earnings per share was reported at negative 3 cents, surpassing analyst expectations of 4 cents per share loss.
BlackBerry Ltd (NYSE: BB) saw its stock soar more than 8% in pre-market trading today, following a robust Q1 2024 earnings report released yesterday after markets closed for trading. This surge was driven by the company's impressive revenue performance, which beat expectations and underscored the progress BlackBerry is making toward profitability.
BlackBerry stock jumps 8% premarket after fiscal results, but I remain bearish due to lack of prospects. BlackBerry specializes in IoT and cybersecurity, facing challenges in both sectors despite fair near-term prospects. Underwhelming revenue growth rates and a stock valuation at 87x this year's EBITDA, suggest overvaluation and limited growth prospects.
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's call.
Canada's BlackBerry , beat first-quarter revenue estimates on Wednesday, driven by a resilient demand for cybersecurity services in the wake of growing online threats.
What type of business is BlackBerry Limited?
BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers BlackBerry Cyber Suite, which provides Cylance AI and machine learning-based cybersecurity solutions, including BlackBerry Protect, an EPP and available MTD solution; BlackBerry Optics, an EDR solution that provides visibility into and prevention of malicious activity; BlackBerry Guard, a managed detection and response solution; BlackBerry Gateway, an AI-empowered ZTNA solution; and BlackBerry Persona, a UEBA solution that provides authentication by validating user identity in real time. It also provides BlackBerry Spark Unified Endpoint Management Suite, such as BlackBerry UEM, a central software component of its secure communications platform; BlackBerry Dynamics that provides a development platform and secure container for mobile applications; BlackBerry AtHoc and BlackBerry Alert secure and networked critical event management solutions; and SecuSUITE for Government, a multi-OS voice and text messaging solution, as well as BBM Enterprise, an enterprise-grade secure instant messaging solution. In addition, the company offers BlackBerry QNX, which provides Neutrino operating system and BlackBerry QNX CAR platform, and other products; BlackBerry QNX, an embedded system solution; BlackBerry Jarvis, a cloud-based binary static application security testing platform; BlackBerry Certicom cryptography and management products, and BlackBerry Radar asset monitoring solution; and BlackBerry IVY, an intelligent vehicle data platform, as well as enterprise and cybersecurity consulting services. Further, it is involved in the patent licensing and legacy service access fees business. As of February 28, 2022, it owned approximately 38,000 worldwide patents and applications. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada.
What sector is BlackBerry Limited in?
BlackBerry Limited is in the Technology sector
What industry is BlackBerry Limited in?
BlackBerry Limited is in the Software Infrastructure industry
What country is BlackBerry Limited from?
BlackBerry Limited is headquartered in Canada
When did BlackBerry Limited go public?
BlackBerry Limited initial public offering (IPO) was on 04 February 1999
What is BlackBerry Limited website?
https://www.blackberry.com
Is BlackBerry Limited in the S&P 500?
No, BlackBerry Limited is not included in the S&P 500 index
Is BlackBerry Limited in the NASDAQ 100?
No, BlackBerry Limited is not included in the NASDAQ 100 index
Is BlackBerry Limited in the Dow Jones?
No, BlackBerry Limited is not included in the Dow Jones index
When does BlackBerry Limited report earnings?
The next expected earnings date for BlackBerry Limited is 27 September 2024