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BB / Blackberry surprises with profitable first quarter

Blackberry surprises with profitable first quarter
Blackberry (TSX:BB) has surprised investors with a profitable first quarter as the Canadian tech company's cybersecurity business saw increased client spending, while its enterprise software gained momentum in the automotive sector. After hours on Wednesday, BlackBerry reported earnings of 6 cents per share for the quarter ended May 31, 2023, beating analysts' expectations for a loss of 5 cents per share, while revenue for the quarter reached $373 million, exceeding the average estimate of $160.4 million. Read More
Posted: Jun 29 2023, 07:29
Author Name: Proactive Investors
Views: 110770

BB News  

Outgoing BlackBerry CEO Chen: AI was already a big part of our offering 'before it was fashionable'

By CNBC Television
November 1, 2023

Outgoing BlackBerry CEO Chen: AI was already a big part of our offering 'before it was fashionable'

John Chen, Outgoing BlackBerry CEO, joins 'Closing Bell Overtime' to talk his time at the company, what's next for the company and why he is choosing more_horizontal

BlackBerry CEO transition comes as tech firm prepares to split off IoT business

By Proactive Investors
October 31, 2023

BlackBerry CEO transition comes as tech firm prepares to split off IoT business

Blackberry (TSX:BB)'s longtime CEO John Chen is retiring from his role at a pivotal moment for the firm as it intends to split its Internet of Things more_horizontal

Why Are Stocks Down Today?

By InvestorPlace
October 31, 2023

Why Are Stocks Down Today?

Stocks are down today and investors wondering why have come to the right place as we have an answer to that question! Several factors are weighing on more_horizontal

BB Stock Alert: What to Know as BlackBerry Announces CEO Departure

By InvestorPlace
October 31, 2023

BB Stock Alert: What to Know as BlackBerry Announces CEO Departure

BlackBerry (NYSE: BB ) stock is in the news Tuesday after the security software company announced the departure of CEO John Chen. Chen, who was also t more_horizontal

BlackBerry CEO John Chen to retire after decade-long tenure

By Proactive Investors
October 30, 2023

BlackBerry CEO John Chen to retire after decade-long tenure

Blackberry (TSX:BB) announced after the market close on Monday that its longtime CEO and executive chair John Chen will be retiring from the security more_horizontal

Blackberry CEO John Chen announces plans to retire

By CNBC Television
October 30, 2023

Blackberry CEO John Chen announces plans to retire

Blackberry's CEO announces he is planning to retire effective November 4 of this year. more_horizontal

Fairfax Financial Trades Below Book Value Despite History of Success

By GuruFocus
October 27, 2023

Fairfax Financial Trades Below Book Value Despite History of Success

Berkshire Hathaway Inc. (BRK.A, Financial)(BRK.B, Financial) is, of course, one of the most successful investment opportunities of all time. Over the more_horizontal

3 Stocks to Buy Today and Sell Tomorrow

By InvestorPlace
October 25, 2023

3 Stocks to Buy Today and Sell Tomorrow

Warren Buffett likes to say that his favorite holding period for a stock is “forever.” However, Buffett mostly owns slow growing blue-chip stocks more_horizontal


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