BlackBerry Reports Record Software and Services Revenue for the Second Consecutive Quarter in Q3 Fiscal 2018
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December 20, 2017 2:11 PM EST
MKM Partners raised its price target on BlackBerry Limited (NYSE: BB) to $11.50 (from $10.00) while maintaining a Neutral rating following the company's 3Q earnings report. Revenues came in at $235mn or $11mn above our forecasts. EPS of $0.03 came in better than ($0.01) forecasts.
MKM Partners... More
December 20, 2017 7:03 AM EST
BlackBerry (NYSE: BB) reported Q3 EPS of $0.03, versus the consensus of $0.00. Revenue for the quarter came in at $235 million versus the consensus estimate of $215.42 million.
"Our momentum continues, with the delivery of a strong third quarter; I am very pleased with our results. Our progress, in both our financial and strategic objectives, is notable," said John Chen, Executive Chairman and CEO, BlackBerry. "We... More
