BlackBerry (TSE:BB) Releases Earnings Results, Beats Estimates By $0.01 EPS

BlackBerry (TSE:BB) (NASDAQ:BBRY) released its earnings results on Thursday. The company reported C$0.02 earnings per share for the quarter, beating the consensus estimate of C$0.01 by C$0.01, RTT News reports. BlackBerry had a negative return on equity of 17.21% and a negative net margin of 21.16%.

BlackBerry Trading Up 9.1%

BB stock opened at C$6.47 on Friday. BlackBerry has a twelve month low of C$3.07 and a twelve month high of C$8.86. The stock has a market capitalization of C$3.85 billion, a price-to-earnings ratio of -107.83, a price-to-earnings-growth ratio of 0.06 and a beta of 0.94. The company has a quick ratio of 1.49, a current ratio of 1.37 and a debt-to-equity ratio of 30.90. The firm’s fifty day simple moving average is C$5.31 and its two-hundred day simple moving average is C$5.38.

About BlackBerry

BlackBerry, once known for being the world’s largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises. The firm provides endpoint management and protection to enterprises, specializing in regulated industries like government, as well as embedded software to the automotive, medical, and industrial markets.