|Bid||0.00 x 900|
|Ask||0.00 x 900|
|Day's range||10.49 - 12.10|
|52-week range||8.47 - 14.55|
|PE ratio (TTM)||14.43|
|Forward dividend & yield||N/A (N/A)|
|1y target est||11.73|
The Dow is set to snap an 8-day losing streak to end the week, plus a big Supreme Court decision on privacy in the digital age. Hain Celestials (HAIN) shares are up as the New York Post reports that Pilgrim’s Pride is bidding for food company.
John Chen, BlackBerry chief executive officer, discusses the company's financial health with Bloomberg's Amanda Lang on "Bloomberg Markets." (Source: Bloomberg)
BlackBerry reported a net loss of $60 million, or 11 cents a share, compared with a profit of $671 million, or $1.23 a share, for the same quarter a year before.
The company forecast 8 percent to 10 percent growth for the business in 2019, compared with 20 percent in 2018, overshadowing its first-quarter revenue and profit beat. BlackBerry will no longer be selling its software and services on a licensing basis and will have to convince companies to agree to subscriptions, Chief Executive Officer John Chen said on a post-earnings call. The growth guidance is lower than what the market has been expecting, and that's mainly due to the company having to recognize enterprise software revenue based on subscription, Morningstar analyst Ali Mogharabi said.
BlackBerry Ltd. plunged the most in a year after investors focused on weak growth in software revenues that the company’s head said was due to a change in accounting standards. Software revenue, the company’s most important growth metric, was $83 million, 18 percent lower than the same time last year, according to a statement Friday. Analysts at RBC Capital Markets had estimated it would be $106 million, according to a note to clients.
The Waterloo, Ontario-based company said it had a loss of 11 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, came to 3 cents per share. The results exceeded Wall Street ...
I am writing today to help inform people who are new to the stock market and want to begin learning the link between BlackBerry Limited (TSE:BB)’s return fundamentals and stockRead More...
As part of the deal, BlackBerry (BB) and DMC Insurance will develop insurance-based products and services using near real-time data from BlackBerry Radar.
Jun.22 -- John Chen, BlackBerry chief executive officer, discusses the company's financial health with Bloomberg's Amanda Lang on "Bloomberg Markets." (Video extended to include full interview.)