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BlackBerry Stock Impressive Rise On Monday, Outperforms Market

ViaNews Editorial Team

September 11, 2023

BlackBerry Stock  Impressive Rise On Monday, Outperforms Market

(VIANEWS) - The NYSE ended the session with BlackBerry (BB) jumping 15.57% to $5.27 on Monday while NYSE jumped 0.44% to $15,949.44.

About BlackBerry

BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers CylancePROTECT, an endpoint protection platform and mobile threat defense solution; CylanceOPTICS, an endpoint detection and response solution; CylanceGUARD, a managed detection and response solution; CylanceGATEWAY, an AI-empowered zero-trust network access solution; CylancePERSONA, a user and entity behavior analytics solution; BlackBerry unified endpoint management, a central software component for secure communications platform; BlackBerry Dynamics, a development platform and secure container for mobile applications; and BlackBerry Workspaces solutions. It also provides BlackBerry SecuSUITE, a multi-OS voice and text messaging solution; BlackBerry AtHoc and BlackBerry Alert, which are secure and networked critical event management solutions; BlackBerry QNX that offers real-time operating systems, hypervisors, middleware, development tools, and professional services; BlackBerry Certicom, a cryptography and key management product; BlackBerry Radar, an asset monitoring solution; and BlackBerry IVY, an intelligent vehicle data platform. In addition, the company is involved in the patent licensing and legacy service access fees business. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada.

Earnings Per Share

As for profitability, BlackBerry has a trailing twelve months EPS of $-0.99.

Growth Estimates Quarters

The company's growth estimates for the current quarter and the next is 20% and 80%, respectively.

Sales Growth

BlackBerry's sales growth for the current quarter is negative 5.9%.

More news about BlackBerry (BB).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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