BlackBerry (BBRY) Offers Additional Commentary on FY16 Software and Service Sales Growth
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April 4, 2016 8:07 AM EDT
Imperial Capital reiterated an In-Line rating and $9.00 price target on BlackBerry (NASDAQ: BBRY) following the company's 4Q earnings report. Revenue was negatively affected by lower-than-expected hardware sales and declining Service Access Fees, offset by higher software revenue and acquisitions. Adjusted EPS was... More
April 4, 2016 7:56 AM EDT
BMO Capital reiterated a Market Perform rating and $8.00 price target on BlackBerry (NASDAQ: BBRY) following the company's 4Q earnings report. With help from IPR licensing deals and several acquisitions, Blackberry surpassed managements $500 million software revenue target for the year. However, the service business... More
April 1, 2016 7:17 AM EDT
BlackBerry (Nasdaq: BBRY) will resume trading at 7:30am EDT.
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April 1, 2016 7:01 AM EDT
(Updated - April 1, 2016 7:02 AM EDT)
BlackBerry (NASDAQ: BBRY) reported Q4 EPS of ($0.03), $0.07 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $464 million versus the consensus estimate of $563.18 million.
Pretax gross margin was 45.3 percent, or 48.7 percent post-tax.
BlackBerry had over 3,600... More
April 1, 2016 6:59 AM EDT
BlackBerry (NASDAQ: BBRY) trading halted with news pending.
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