Investing.com - BlackBerry (NYSE:BB) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BlackBerry announced earnings per share of $0.01 on revenue of $185M. Analysts polled by Investing.com anticipated EPS of $-0.0436 on revenue of $179.95M.
BlackBerry shares are down 20.21% from the beginning of the year, still down 63.01% from its 52 week high of $20.17 set on June 3, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
BlackBerry follows other major Information Technology sector earnings this month
BlackBerry's report follows an earnings beat by Broadcom on March 3, who reported EPS of $8.39 on revenue of $7.71B, compared to forecasts EPS of $8.13 on revenue of $7.61B.
Oracle had missed expectations on March 10 with third quarter EPS of $1.13 on revenue of $10.51B, compared to forecast for EPS of $1.18 on revenue of $10.51B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar