Categories AlphaGraphs, Earnings, Technology
Earnings: Highlights of BlackBerry’s (BB) Q1 2023 results
Smartphone company BlackBerry Limited (NYSE: BB) reported total revenue of $168 million for the first quarter of 2023, compared to $174 million in the same period last year.
During the three-month period, the tech firm incurred a net loss of $181 million or $0.35 per share, compared to a loss of $62 million for $0.11 per share last year. Adjusted loss, on a per-share basis, remained unchanged at $0.05 per share.
Read management/analysts’ comments on BlackBerry’s Q1 2023 earnings
“The IoT business maintained its momentum of new design wins in rapidly growing core Auto domains, including Advanced Driver Assistance Systems and Digital Cockpits, and delivered a third consecutive record quarter for pre-production revenues. The Cybersecurity business demonstrated solid traction in the market by recording double-digit year-over-year billings growth,” said John Chen, CEO of BlackBerry.
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
