Categories AlphaGraphs, Earnings, Technology

BB Earnings: A snapshot of BlackBerry’s Q4 2023 results

BlackBerry Limited (NYSE: BB) has reported a net loss for the fourth quarter of 2023 compared to a profit last year, as the tech firm’s revenues declined.

Total revenues decreased to $151 million in the fourth quarter from $185 million in the corresponding period of 2022. An increase in IoT revenues was more than offset by weakness in the other two operating segments.

Reflecting the weak top-line performance, the company reported a loss of $495 million or $0.85 per share for the February quarter, compared to a profit of $144 million in the prior-year period. Adjusted loss, on a per-share basis, was $0.02 per share, compared to earnings of $0.01 per share last year.

“As previously communicated, BlackBerry’s Cybersecurity business unit saw the timing of a number of large government deals slip into later quarters, but we are confident that they will close this fiscal year,” said John Chen, CEO of BlackBerry.

Prior Performance

  • BlackBerry Q3 2023 earnings infographic
  • BlackBerry Q2 2022 earnings infographic
  • Blackberry Q1 2023 earnings infographic
  • Expedia Q4 2021 earnings infographic

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

INTU Earnings: Intuit reports higher Q3 revenue and profit; results beat

Financial technology company Intuit Inc. (NASDAQ: INTU) on Thursday reported stronger-than-expected revenue and adjusted earnings for the third quarter of 2025. The Mountain View-headquartered company’s third-quarter revenue was $7.75 billion,

Against a challenging backdrop, Lowe’s (LOW) is focusing on these two pillars of its strategy

Shares of Lowe’s Companies, Inc. (NYSE: LOW) were down over 1% on Thursday. The stock has dropped 8% over the past three months. The company saw sales and earnings decline

Earnings Preview: Can Salesforce regain its growth momentum this year?

Salesforce, Inc. (NYSE: CRM) has constantly innovated its products and services after successfully adopting the SaaS business model years ago. The company's growth has slowed in recent quarters, and its

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top