Investing.com - BlackBerry reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
BlackBerry announced earnings per share of $0.03 on revenue of $215M. Analysts polled by Investing.com anticipated EPS of $0.0271 on revenue of $246.8M.
BlackBerry shares are up 40.87% from the beginning of the year and are trading at $9.34 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
BlackBerry follows other major Technology sector earnings this month
BlackBerry's report follows an earnings beat by Adobe on Tuesday, March 23, 2021, who reported EPS of $3.14 on revenue of $3.91B, compared to forecasts EPS of $2.79 on revenue of $3.75B.
Oracle had beat expectations on Wednesday, March 10, 2021 with third quarter EPS of $1.16 on revenue of $10.09B, compared to forecast for EPS of $1.11 on revenue of $10.07B.
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