BlackBerry Limited (NYSE:BB) developers of smartphones and other devices, is reporting first quarter earnings results on Wednesday 24th June 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.01 per share from $ 216.80 million in revenue.
For the full year, analysts predict revenues of $ 981.73 million, while looking forward to income of $ 0.06 per share.
Stock Performance
According to the previous trading day, closing price of BB was $ 5.11, representing a 89.26 % increase from the 52 week low of $ 2.70 and a 38.66 % decrease over the 52 week high of $ 8.33.
The company has a market capital of $ 2.83 billion and is part of the Technology sector and Communication Equipment industry.
Recent Analyst recommendations
On 12th June 2020, maintained by Bank of America at Neutral rating, with $ 5.50 target price.
Conference Call
BlackBerry Limited will be hosting a conference call at 5:30 PM eastern time on 24th June 2020, to discuss its 1Q21 financial results with the investment community. The participants may dial, +1-877-682-6267 (United States) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.blackberry.com
BlackBerry Limited provides enterprise software and services worldwide. The company offers BlackBerry Enterprise Mobility Suite, which combines and integrates mobile security, management, productivity, and collaboration solutions, such as BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces; BlackBerry AtHoc, a networked crisis communications solution; SecuSUITE for Government, a voice encryption software solution; BlackBerry Enterprise Consulting and BlackBerry Cybersecurity Consulting services; and BBM Enterprise, an enterprise-grade instant messaging solution, as well as BlackBerry Spark Communication services. It also provides CylancePROTECT, an endpoint threat prevention solution; CylanceOPTICS, an endpoint detection and response solution; BlackBerry QNX real-time operating systems, middleware, development tools, and professional services; BlackBerry Jarvis, a cloud-based binary static application security testing platform; and BlackBerry Certicom that offers device security, anti-counterfeiting, and product authentication.
