BlackBerry Expects Q1 Total BlackBerry Revenue Of $130M-$138M (Est $151.116M), Non-GAAP Basic EPS Of $(0.04)-$(0.06), Est $(0.02)
Portfolio Pulse from Benzinga Newsdesk
BlackBerry has provided its Q1 revenue and EPS forecasts, expecting total revenue to be between $130M-$138M, below the estimated $151.116M. The company also anticipates a non-GAAP basic EPS of $(0.04)-$(0.06), worse than the estimated $(0.02).
April 03, 2024 | 9:11 pm
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BlackBerry expects lower Q1 revenue and EPS than estimated, forecasting revenue between $130M-$138M and non-GAAP EPS of $(0.04)-$(0.06).
BlackBerry's forecasted revenue and EPS for Q1 are both below analyst estimates, which could lead to negative investor sentiment and a potential decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100