Breaking News
Jun 25, 2025
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BlackBerry Ltd. surged 6.9% to $4.63 after the Canadian software company reported results for the fiscal first quarter of 2026 ending on May 31.
Revenue edged down to $121.7 million from $123.4 million, net income swung to a profit of $1.9 million from a loss of $41.4 million, and diluted earnings per share were breakeven compared to a loss of 7 cents a year ago.
The company guided second-quarter revenue to be between $115 million and $125 million, compared to $145 million; adjusted EBITDA between $8 million and $14 million, compared to breakeven; and non-GAAP earnings per share between breakeven and 1 cent, compared to breakeven a year earlier, respectively.
For the full year, the software provider estimated revenue to be between $508 million and $538 million, compared to $534.9 million; adjusted EBITDA between $72 million and $87 million, compared to $84.2 million; and non-GAAP earnings per share between 8 cents and 10 cents, compared to 2 cents in the prior year, respectively.
During the first quarter, the company returned $10 million to shareholders by the repurchase of 2.57 million shares.
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