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BlackBerry Growth Hinge On IoT, Secure Communications Despite Valuation Concerns: Analyst
BBBlackBerry(BB) Benzinga·2024-12-20 19:24

BlackBerry Ltd BB stock surged upwards on Friday. The company reported third-quarter results after the market closed on Thursday.BlackBerry reported quarterly revenue of 143.00million,missingtheanalystconsensusestimateof143.00 million, missing the analyst consensus estimate of 161.49 million. The adjusted EPS was 0.02,beatinganalyst estimates.AlsoRead:TrumpandNetflixBossSarandosSetforHighStakesMaraLagoMeetingBlackBerryexpectsfourthquarterrevenueof0.02, beating analyst estimates.Also Read: Trump and Netflix Boss Sarandos Set for High-Stakes Mar-a-Lago MeetingBlackBerry expects fourth-quarter revenue of 126.00 million – 135.00million,versusestimatesof135.00 million, versus estimates of 150.08 million. It expects adj ...