BlackBerry's (BBRY) Price Target Lowered to $7 at Deutsche Bank
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Canaccord Genuity Cuts Price Target on BlackBerry (BBRY) Following 1Q16 Results
June 24, 2015 9:39 AM EDTCanaccord Genuity maintains a Hold rating on BlackBerry (NASDAQ: BBRY), and cut the price target to $8.00 (from $10.00), following 1Q16. Reported sales of $658M were below consensus estimates of $689M. BlackBerry lowered its FY16 total software-related sales expectations from $600M to ~$500M, and the $500M now includes licensing revenue versus prior guidance of software only revenue.
Analyst Michael... More
Oppenheimer Reiterates Perform Following BlackBerry's (BBRY) Q1 EPS Miss
June 24, 2015 9:14 AM EDTOppenheimer reiterates a Perform rating on BlackBerry (NASDAQ: BBRY) following 1Q16 results. BBRY reported revenues of $658M below consensus of $682M. Non-GAAP EPS was also below consensus at -$0.05 compared to -$0.03. However, both results were above Oppenheimer's estimates of $590M revenue and $-0.13 EPS.... More
BlackBerry (BBRY) Misses Q1 EPS by 2c
June 23, 2015 7:01 AM EDTBlackBerry (Nasdaq: BBRY) reported Q1 EPS of ($0.05), $0.02 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $658 million versus the consensus estimate of $683.65 million.
The revenue breakdown for the quarter was approximately 40% for hardware, 38% for services and 21% for software and technology... More
