BlackBerry Limited (NYSE: BB) has reported a net loss for the first quarter of 2025, on an adjusted basis. The bottom line was negatively impacted by a sharp decline in revenues.
Revenues decreased sharply to $144 million in the first quarter from $373 million in the corresponding period of fiscal 2024. An increase in IoT revenue was more than offset by weakness in the other businesses.
The company reported an adjusted loss of $0.03 per share for Q1, compared to earnings of $0.06 per share a year earlier. On an unadjusted basis, it was a net loss of $42 million or $0.07 per share, compared to a loss of $11 million or $0.02 per share in the first quarter of last year.
“Both our IoT and Cybersecurity businesses beat revenue expectations. QNX recorded solid royalty revenue while our Cybersecurity division delivered a second consecutive quarter of ARR growth, as well as further enhancing dollar-based net retention,” said John Giamatteo, CEO of BlackBerry.
Overview Harley-Davidson, Inc. reported consolidated fourth-quarter 2025 results that point to continued pressure on profitability…
The Coca-Cola Company (NYSE: KO) reported its fourth quarter 2025 earnings results today. Net revenues…
The South Korean telecommunications provider reported a significant increase in annual profit for 2025, supported…
Hasbro, Inc. (NASDAQ: HAS) reported its fourth quarter 2025 earnings results today. Revenues increased 31%…
Spotify ended 2025 on a strong note, reporting steady revenue growth and a sharp jump…
Jerash Holdings (US), Inc. (NASDAQ: JRSH) reported significantly improved financial results for the fiscal 2026…