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BlackBerry: Fiscal Q1 Earnings Snapshot

BlackBerry: Fiscal Q1 Earnings Snapshot

By Ap News
Published - Jun 26, 2024, 05:16 PM ET
Last Updated - Jun 26, 2024, 05:16 PM EDT

WATERLOO, Ontario (AP) — WATERLOO, Ontario (AP) — BlackBerry Ltd. (BB) on Wednesday reported a loss of $42 million in its fiscal first quarter.

The Waterloo, Ontario-based company said it had a loss of 7 cents per share. Losses, adjusted for stock option expense and amortization costs, came to 3 cents per share.

The cybersecurity software and services company posted revenue of $144 million in the period.

For the current quarter ending in August, BlackBerry expects its results to range from a loss of 4 cents per share to a loss of 2 cents per share.

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