BlackBerry Expects FY25 Total BlackBerry Revenue Of $586M-$616M (Est $647.22M), Non-GAAP Basic EPS Of $(0.03)-$(0.07), Est $(0.02)
Portfolio Pulse from Benzinga Newsdesk
BlackBerry has provided its financial outlook for FY25, expecting total revenue to range between $586M and $616M, which is below the estimated $647.22M. The company also forecasts a non-GAAP basic EPS of between $(0.03) and $(0.07), compared to the estimated $(0.02).
April 03, 2024 | 9:13 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
BlackBerry's FY25 financial outlook indicates lower than expected revenue and a wider loss per share than analysts estimated.
The company's forecasted revenue and EPS for FY25 are both below analyst expectations, which could lead to negative investor sentiment and a potential decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100