BlackBerry Limited's fiscal Q4 report showed top and adjusted bottom line beats, but management gave disappointing guidance for the current year. The Cylance sale brought in some cash, but revenue estimates continue to drop, with Secure Communications dragging down the company. BB stock's valuation is fair compared to peers, but consistent revenue declines could provide an overhang on shares in the near term.
BlackBerry (BB) shares tumbled Wednesday after the firm issued revenue forecasts that fell short of analysts' expectations.
BlackBerry Limited (NYSE:BB ) Q4 2025 Earnings Conference Call April 2, 2025 8:00 AM ET Company Participants Martha Gonder - Director, Investor Relations John Giamatteo - Chief Executive Officer Tim Foote - Chief Financial Officer Conference Call Participants Paul Treiber - RBC Capital Markets Todd Coupland - CIBC Trip Chowdhry - Global Equities Research Luke Junk - Baird Operator Good morning, and welcome to the BlackBerry Fourth Quarter and Fiscal Year 2025 Results Conference Call. My name is Rob, and I'll be your conference moderator for today's call.
BlackBerry (TSX:BB) shares plummeted after the cybersecurity firm issued a weaker-than-expected revenue outlook. For Q1, BlackBerry said it expects revenue between $107 million and $115 million, below the consensus of $125.1 million.
BlackBerry Ltd. BB-1.06% shares tumbled 16.1% in premarket trading, as the cybersecurity company's weaker-than-expected outlook overshadowed better-than-expected fourth-quarter revenue and adjusted earnings.
Canada's BlackBerry forecast a revenue decline in fiscal 2026 on Wednesday, as it anticipated weak spending on its cybersecurity products.
BlackBerry Limited BB will release its fourth-quarter financial results, before the opening bell, on Wednesday, April 2.
BlackBerry (BB -0.88%) and Unity Software (U -4.96%) were both once high-growth tech stocks that lost their momentum and disappointed their investors. BlackBerry was once the world's top smartphone maker, but it lost that booming market to Apple's (AAPL -2.67%) iPhones and Android-powered devices.
BB's focus on opportunities in the IoT and cybersecurity space bodes well. Tough automotive backdrop and intense competition remain concerning.
BB's strategic initiatives and focus on IoT business bodes well. Tough backdrop in automotive and stiff competition are concerns.
Shares of tech company BlackBerry (BB -0.84%) have been falling in recent days, but it has been a tremendous stock to own in the past six months, nearly doubling in value over that stretch and hitting a new 52-week high along the way. There's growing excitement around the business, as it announced some promising results late last year, and that has helped fuel the stock's rally.
BlackBerry (BB) closed at $4.71 in the latest trading session, marking a -0.84% move from the prior day.