BlackBerry (BBRY) Posts Q2 adj-Loss of 2c/Share
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BlackBerry (BBRY) PT Raised to $9 at Deutsche Bank; Analyst Maintains Neutral Rating
September 29, 2014 11:17 AM EDTDeutsche Bank maintained a Hold rating on BlackBerry (NASDAQ: BBRY) and raised its price target to $9.00 (from $8.00).
Analyst Brian Madoff said, "Blackberry announced Q2 revenues of $916m, above our estimate $856m but below consensus of $936m. Pro-forma EPS was ($0.02), above... More
BlackBerry (BBRY) PT Raised to $10.60 at Nomura Securities; Showing Healthy Signs of Recovery
September 29, 2014 10:19 AM EDTNomura Securities analyst Stuart Jeffrey bumped his price target on BlackBerry (NASDAQ: BBRY) to $10.60 (from $10.00) Monday but maintained a Neutral rating following Q2 results, saying the company is showing some healthy signs of a recovery.
Jeffrey commented, "BlackBerry is showing some healthy signs of recovery. These dynamics have... More
BlackBerry (BBRY) CEO Chen: 200,000+ Passports Sold, Profitable at This Level
September 26, 2014 8:13 AM EDTBlackBerry (Nasdaq: BBRY) CEO John Chen said 200,000 Passport handsets sold. The company sold out of the device on its website in 6 hours and on Amazon.com in 10 hours. The Passport is also profitable at current sales levels.
Chen also said that demand for the Z3 handset is outpacing supply.
... MoreBlackBerry (BBRY) Sees Green-to-Red Reversal Post Earnings
September 26, 2014 7:51 AM EDTBlackBerry (NASDAQ: BBRY) trades negative (-2%) after trading sharply higher (+9%) moments ago following this morning's earnings report.
BlackBerry reported Q2 EPS of ($0.02), $0.14 better than the analyst estimate of ($0.16). Revs were $916 million, versus the consensus at $949.6 million. Revenues are still down 43% year-over-year.
... More