BlackBerry (NYSE:BB) reported its Q1 earnings results on Wednesday, June 28, 2023 at 05:05 PM.
Here’s what investors need to know about the announcement.
Earnings
BlackBerry beat estimated earnings by 220.0%, reporting an EPS of $0.06 versus an estimate of $-0.05.
Revenue was up $205.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 14.0% increase in the share price the next day.
Here’s a look at BlackBerry’s past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.07 | -0.07 | -0.07 | -0.07 |
| EPS Actual | -0.02 | -0.05 | -0.05 | -0.05 |
| Revenue Estimate | 156.65M | 168.73M | 177.25M | 177.25M |
| Revenue Actual | 151.00M | 169.00M | 168.00M | 168.00M |
To track all earnings releases for BlackBerry visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.