BMO Capital Remains Sidelined on BlackBerry (BBRY) Following Mixed 4Q

Imperial Capital Remains Sidelined on BlackBerry (BBRY) Following Mixed 4Q Report

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

BlackBerry (BBRY) Announces New BBM Release for Mobile Platforms; Will Focus on Enhanced Privacy

BlackBerry Limited (Nasdaq: BBRY) announced the launch of a new BBM release on iOS, Android and BlackBerry smartphones. With this new release(i), BBM users can now take advantage of enhanced privacy and control features that allow them to take control over the messages and content that they share without any subscription fees.

BBM users can 'Retract' their message and pictures from recipients to take them back from their phone if they were sent... More

Top 10 News for 3/28 - 4/1: Tesla's 'Spotlight' Moment; Job Gains Outpace in March; SunEdison in Hot Water

1. Markets started out low and melted higher following economic data on Friday. Total nonfarm payroll employment rose by 215,000 in March, and the unemployment rate was little changed at 5.0 percent, the U.S. Bureau of Labor Statistics reported. (The Street was looking for a gain of 205,000.) Employment increased in retail trade, construction, and health care. Job losses occurred in manufacturing and mining.

2. Tesla Motors (Nasdaq:... More

UPDATE: BlackBerry (BBRY) CEO Chen: Mid-Range Phone Needed to Compete, Company has Capacity for Acquisitions

(Updated - April 1, 2016 12:42 PM EDT)

BlackBerry (Nasdaq: BBRY) CEO John Chen says the company needs a mid-range phone to compete and that it could have a crossover effect, according to comments made on Bloomberg TV today. He noted a soft high-end... More

BlackBerry (BBRY) Offers Additional Commentary on FY16 Software and Service Sales Growth

BlackBerry (NASDAQ: BBRY) posted the following to its Blog on Friday:

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Propelled by the win of more than 10,000 enterprise customers, BlackBerry topped its publicly-announced target of $500 million in software and service sales for its just-finished fiscal year.

For FY16 ending February 29, 2016, BlackBerry software and services revenue grew to $527 million, up 113% over FY15, as BlackBerry absorbed category-leading software firms including Good Technology, WatchDox and AtHoc, while releasing new software and winning new customers.

We are performing well and are very pleased, said Executive Chairman and CEO John Chen during a... More

Pre-Open Stock Movers 04/01: (CSII) (VJET) (TSLA) Higher; (BBRY) (SUNE) (GNCA) Lower (more...)

BlackBerry (NASDAQ: BBRY) 9.2% LOWER; 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.

Cardiovascular Systems, Inc. (NASDAQ:... More

BlackBerry (BBRY) will resume trading at 7:30am ET

BlackBerry (Nasdaq: BBRY) will resume trading at 7:30am EDT.

BlackBerry (BBRY) Posts Q4 Loss of 3c/Share; Revenue Lighter than Expected

(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

BlackBerry (BBRY) trading halted with news pending

BlackBerry (NASDAQ: BBRY) trading halted with news pending.

BlackBerry (BBRY) Gross Margin Could Be Better, Wells Fargo Says; Remains on Sidelines

Wells Fargo analyst Maynard Um reiterated a Market Perform rating and $7.25-$8 valuation target on BlackBerry (NASDAQ: BBRY) ahead of results before the bell on Friday.

Um said their analysis suggests gross margin could be better than guidance.

"We forecast revs/EPS of $571MM/$(0.06) vs Streets $565MM/($0.10) and guidance of in line or better than ($0.11) for FQ4. While GM... More