BlackBerry (NYSE:BB) announced its quarterly earnings data on Wednesday. The company reported $0.02 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.02) by $0.04, MarketWatch Earnings reports. BlackBerry had a negative net margin of 75.38% and a positive return on equity of 0.82%. The company had revenue of $214.00 million during the quarter, compared to analysts’ expectations of $215.58 million. During the same quarter in the prior year, the company earned $0.01 EPS. The firm’s revenue was down 19.9% on a year-over-year basis.
Shares of NYSE BB opened at $4.72 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.05. BlackBerry has a 12 month low of $2.70 and a 12 month high of $7.76. The firm has a market capitalization of $2.69 billion, a PE ratio of -3.42 and a beta of 1.53. The firm has a fifty day simple moving average of $4.87 and a two-hundred day simple moving average of $5.13.
In other BlackBerry news, Director Barbara Stymiest purchased 10,000 shares of the firm’s stock in a transaction that occurred on Friday, April 3rd. The stock was bought at an average cost of $3.61 per share, for a total transaction of $36,100.00. Following the purchase, the director now directly owns 10,000 shares in the company, valued at $36,100. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.56% of the stock is currently owned by corporate insiders.
BlackBerry Limited provides enterprise software and services worldwide. The company offers BlackBerry Enterprise Mobility Suite, which combines and integrates mobile security, management, productivity, and collaboration solutions, such as BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces; BlackBerry AtHoc, a networked crisis communications solution; SecuSUITE for Government, a voice encryption software solution; BlackBerry Enterprise Consulting and BlackBerry Cybersecurity Consulting services; and BBM Enterprise, an enterprise-grade instant messaging solution, as well as BlackBerry Spark Communication services.
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