Recap: BlackBerry Q2 Earnings

Shares of BlackBerry BB rose 10% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 0.00% over the past year to $0.11, which beat the estimate of $0.02.

Revenue of $266,000,000 higher by 1.92% year over year, which beat the estimate of $237,950,000.

Looking Ahead

BlackBerry hasn't issued any earnings guidance for the time being.

BlackBerry hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Sep 24, 2020

Time: 08:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fwww.blackberry.com%2Fus%2Fen%2Fcompany%2Finvestors&eventid=2403445&sessionid=1&key=F14284549FB501916496C0D9E404F856&regTag=&sourcepage=register

Technicals

Company's 52-week high was at $7.53

52-week low: $2.70

Price action over last quarter: Up 0.82%

Company Description

BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises. The firm provides endpoint management and protection to enterprises and embedded software to automotive, medical and industrial OEMs and suppliers.