BlackBerry: Q1 Earnings Insights

BlackBerry (NYSE:BB) reported its Q1 earnings results on Wednesday, June 28, 2023 at 05:05 PM. Here’s what investors…

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.

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