BlackBerry (TSE:BB) Releases Quarterly Earnings Results

BlackBerry (TSE:BB) (NASDAQ:BBRY) issued its quarterly earnings data on Thursday. The company reported C$0.08 EPS for the quarter, FiscalAI reports. The company had revenue of C$212.85 million during the quarter. BlackBerry had a return on equity of 4.01% and a net margin of 4.08%.

BlackBerry Trading Up 1.0%

Shares of TSE:BB opened at C$4.89 on Thursday. The stock has a 50 day moving average of C$4.67 and a 200 day moving average of C$5.51. The company has a market cap of C$2.89 billion, a PE ratio of 122.25, a price-to-earnings-growth ratio of 0.06 and a beta of 0.04. The company has a current ratio of 2.14, a quick ratio of 1.49 and a debt-to-equity ratio of 29.33. BlackBerry has a 12-month low of C$4.02 and a 12-month high of C$7.32.

Analyst Upgrades and Downgrades

Separately, TD Securities raised shares of BlackBerry to a “hold” rating in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

BlackBerry Company Profile

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, specializing in regulated industries like government, as well as embedded software to the automotive, medical, and industrial markets.