BlackBerry Q2 Adj EPS $(0.04) Beats $(0.06) Estimate, Sales $132.00M Miss $132.03M Estimate
Portfolio Pulse from Benzinga Newsdesk
BlackBerry (NYSE:BB) reported Q2 adjusted losses of $(0.04) per share, beating the analyst consensus estimate of $(0.06) by 33.33%. However, the company's quarterly sales of $132.00 million missed the analyst consensus estimate of $132.03 million by 0.02%. This represents a 21.43% decrease in sales compared to the same period last year.
September 28, 2023 | 9:12 pm
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BlackBerry's Q2 earnings beat estimates but sales missed, indicating mixed financial performance.
BlackBerry's earnings beat estimates, which is a positive signal for investors. However, the company's sales missed estimates and decreased compared to last year, which could negatively impact investor sentiment. The mixed results make the short-term impact on the stock price uncertain.
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IMPORTANCE 80
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