Tag Archives: bbry

BlackBerry Transition Struggles As Q1 Earnings Miss

BlackBerry (BBRY) continues to struggle with efforts to rebuild, as its fiscal Q1 earnings posted early Tuesday missed expectations. BlackBerry reported revenue of $658 million, down 32% from the year-earlier quarter and its seventh quarter in a row of double-digit declines. The consensus estimate of analysts polled by Thomson Reuters called for sales of $682.6 million. BlackBerry reported a per-share loss minus items of 5 cents for the quarter

BlackBerry Earnings Coming Amid Transition

BlackBerry (BBRY) reports earnings before the market open Tuesday, with analysts taking a wait-and-see approach as the former smartphone king expands aggressively into software. BlackBerry will be reporting earnings for its fiscal Q1 ended May 30. The consensus estimate on revenue, among analysts polled by Thomson Reuters, is $682.6 million. That would be down 29% from the year-earlier period and mark the eighth quarter in a row of double-digit

Otonomy Drug Miss, BlackBerry Buyback Lead After Hours Movers

Drug stocks Otonomy (OTIC) and PTC Therapeutics (PTCT) led after-hours movers Thursday, as did teen clothing retailer Aeropostale (ARO) and ailing smartphone maker BlackBerry (BBRY). Otonomy, a clinical-stage biopharmaceutical company that specializes in ear drugs, said that its phase two-B OTO-104 drug trial “narrowly missed” its primary endpoint of reducing Meniere’s disease — a chronic condition that the company says is characterized by acute