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What Analysts Think Of BlackBerry's Turnaround
Monday, April 1, 2019 - 11:53am | 640Read More...BlackBerry Ltd (NYSE: BB) CEO John Chen said Friday after the company's fourth-quarter report its turnaround is complete. The transition from smartphone maker to software and services should result in the company seeing year-over-year growth in all four quarters. Here is a summary of how...
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BlackBerry Scoops Up Cybersecurity Company Cylance For $1.4B
Friday, November 16, 2018 - 9:48am | 356Read More...BlackBerry Ltd (NYSE: BB) said Friday it reached an agreement to acquire Cylance, an artificial intelligence and cyber security leader. What Happened BlackBerry will pay $1.4 billion in cash and the assumption of unvested employee incentive awards to fully acquire the pioneer in applying artificial...
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BlackBerry Beats Q1 Earnings Estimates, Announces Bullitt Partnership
Friday, June 22, 2018 - 8:28am | 488Read More...BlackBerry Ltd (NYSE: BB)’s non-GAAP revenue of $217 million and adjusted earnings per share of 3 cents beat $209.03 million and breakeven estimates, respectively. The stcok was trading up about 1.2 percent at $11.85 in Friday's pre-market session. Here are some of the other takeaways:...
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BlackBerry Launches Jarvis Platform, An 'Ideal' Automotive Solution
Tuesday, January 16, 2018 - 12:20pm | 736Read More...BlackBerry Ltd (NYSE: BB) introduced Jarvis, a cloud-based code analysis solution, at the North American International Auto Show Monday. Jarvis scans binary code — from any file size, type or architecture — and offers insights on how to improve the code and its security. Chen...
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BlackBerry Q1 Doesn't Connect With Investors
Friday, June 23, 2017 - 9:07am | 556Read More...BlackBerry Ltd (NASDAQ: BBRY) shares are dropping in pre-market trading after the Waterloo, Ontario-based mobile-native software and services company reported Friday ahead of the market an unexpected profit for the first quarter. However, sales trailed expectations. The company also announced a...
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The BlackBerry-Qualcomm Arbitration Case, Explained
Wednesday, April 12, 2017 - 8:38am | 317Read More...An interim arbitration decision required QUALCOMM, Inc. (NASDAQ: QCOM) to refund BlackBerry Ltd (NASDAQ: BBRY) $814 million for overpaid royalties. Nearly a year ago, the companies agreed to arbitrate a dispute regarding Qualcomm’s royalty cap and its applicability to BlackBerry payments from...
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BlackBerry Upgraded By Macquarie Following Encouraging Earnings Report
Monday, April 3, 2017 - 11:15am | 316Read More...Shares of BlackBerry Ltd (NASDAQ: BBRY) were trading lower by around 1 percent Monday morning despite the stock being upgraded by analysts at Macquarie Research. Macquarie's Gus Papageorgiou upgraded BlackBerry's stock to Outperform from Neutral with a price target boosted to $9.00 from a previous...
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Blackberry Still A 2-3 Year Investment Story
Friday, March 31, 2017 - 12:16pm | 338Read More...BlackBerry Ltd (NASDAQ: BBRY) shares are surging higher by 12.5 percent on Friday after the company delivered a big fourth-quarter earnings beat and guided for profitability in 2018. BlackBerry delivered EPS of $0.04 in Q4 on revenue of $297 million. A number of investors have written off...
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BlackBerry Beats Earnings Estimates, Expects To Be Profitable Next Year
Friday, March 31, 2017 - 7:46am | 385Read More...Shares of BlackBerry Ltd (NASDAQ: BBRY) gained more than 4 percent early Friday morning after the company reported a $0.04 per share profit in the fourth quarter, marking an improvement from a $0.03 per share loss a year ago. Revenue for the quarter was $297 million (GAAP revenue of $286 million),...
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A Look At BlackBerry's Different Business Model
Tuesday, December 20, 2016 - 3:08pm | 410Read More...BlackBerry Ltd (NASDAQ: BBRY) provided investors with a closer look of its new business model on Tuesday, which resulted in a pop of more than 2 percent in the company's stock. BlackBerry announced back in September that it will no longer manufacturer its own hardware devices, once considered the...
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BlackBerry Pops Following Q3 Report
Tuesday, December 20, 2016 - 9:20am | 388Read More...Shares of BlackBerry Ltd (NASDAQ: BBRY) were trading higher by more than 3 percent early Tuesday after the company reported its third quarter results. BlackBerry posted an adjusted earnings of $0.01 per share in the quarter on revenue of $301 million. Wall Street analysts were expecting the...
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BlackBerry's Consolidation Into A Single Platform
Friday, December 9, 2016 - 10:52am | 298Read More...BlackBerry Ltd (NASDAQ: BBRY) has announced a mobile-security platform for a variety of Internet of Things (IoT) devices connected to enterprises. The platform, known as BlackBerry Secure, represents a step taken by the company from “a hodge podge of products to a single platform,”...
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BlackBerry To Partner With Indonesian PT BB Merah Putih; Will End Internal Hardware Development
Wednesday, September 28, 2016 - 9:08am | 324Read More...BlackBerry Ltd (NASDAQ: BBRY) announced that it struck a licensing deal with telecom joint venture in Indonesia, PT BB Merah Putih, to not only manufacture and distribute but also promote its devices that run Android software and apps. This is meant to cater to the Indonesian market. The Canadian...
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BlackBerry CEO Praises Company's Turnaround Days Before Q2 Earnings Release
Tuesday, September 27, 2016 - 11:43am | 328Read More...Ahead of earnings release Wednesday, BlackBerry Ltd (NASDAQ: BBRY) CEO John Chen heaped praise on the company for the turnaround process witnessed in the last few years. Chen believes the company has completed two-third of the turnaround process. However, he has been silent on the next course of...
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Congress To Ditch Blackberry Phones At Long Last
Tuesday, July 5, 2016 - 3:37pm | 320Read More...While the global affinity toward BlackBerry Ltd (NASDAQ: BBRY) devices dwindled in favor of Android or iPhone devices probably half a dozen years ago, the U.S. Senate has been a tad behind the times. However, things are finally changing on the heels of news that BlackBerry will discontinue...
