BlackBerry Reports Fiscal Year 2019 Third Quarter Results

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BlackBerry Ltd. (BB:CN) (BB) PT Lowered to $8.50 at MKM Partners

December 21, 2018 8:47 AM EST

MKM Partners analyst Michael Genovese lowered the price target on BlackBerry Ltd. (BB:CN) (NYSE: BB) to $8.50 (from $10.50) while maintaining a Neutral rating.

The analyst commented, "3QFY19 revenues/GMs/EPS of $228mn/75.9%/$0.05 exceeded our $206mn/73.0%/$0.03 estimates. Software and Services... More

BlackBerry Ltd. (BB:CN) (BB) PT Lowered to $10 at RBC Capital

December 21, 2018 7:25 AM EST

RBC Capital analyst Paul Treiber lowered the price target on BlackBerry Ltd. (BB:CN) (NYSE: BB) to $10.00 (from $11.00) while maintaining a Sector Perform rating.

Treiber said with revenues excluding IP tracking in line, investor focus shifts to BlackBerrys pending acquisition of Cylance.

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BlackBerry (BB) Tops Q3 EPS by 5c

December 20, 2018 7:07 AM EST

BlackBerry (NYSE: BB) reported Q3 EPS of $0.05, $0.05 better than the analyst estimate of $0.00. Revenue for the quarter came in at $228 million versus the consensus estimate of $214.38 million.

Outlook

BlackBerry re-affirms its outlook for fiscal 2019 with software and services billings and revenue growth,... More