BlackBerry (NYSE:BB – Get Free Report) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $(0.07)-$(0.03) for the period, compared to the consensus EPS estimate of ($0.07). The company issued revenue guidance of $586-616 million, compared to the consensus revenue estimate of $592.13 million. BlackBerry also updated its FY 2025 guidance to -0.070–0.030 EPS.
BlackBerry Stock Performance
BB opened at $2.21 on Thursday. The firm has a market cap of $1.30 billion, a PE ratio of -9.21 and a beta of 1.37. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.25. The business has a fifty day simple moving average of $2.77 and a 200-day simple moving average of $2.97. BlackBerry has a fifty-two week low of $2.20 and a fifty-two week high of $5.75.
BlackBerry (NYSE:BB – Get Free Report) last released its quarterly earnings data on Wednesday, June 26th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.01. The business had revenue of $144.00 million during the quarter, compared to analyst estimates of $132.05 million. BlackBerry had a negative return on equity of 0.24% and a negative net margin of 15.24%. The company’s revenue was down 61.4% compared to the same quarter last year. During the same period last year, the company posted $0.04 EPS. As a group, equities analysts predict that BlackBerry will post -0.09 EPS for the current fiscal year.
Analysts Set New Price Targets
BlackBerry Company Profile
BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers CylanceENDPOINT, an integrated endpoint security solution; CylanceGUARD, a managed detection and response solution; CylanceEDGE, an AI-powered continuous authentication zero trust network access solution; CylanceINTELLIGENCE, a contextual cyber threat intelligence service; BlackBerry Dynamics offers a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry Messenger (BBM) Enterprise, an enterprise-grade secure instant messaging solution for messaging, voice and video; BlackBerry SecuSUITE is a certified, multi-OS voice and text messaging solution; BlackBerry AtHoc, a secure networked critical event management solution; and BlackBerry unified endpoint management (UEM) solutions.
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