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
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
