Investing.com - BlackBerry (TSX:BB) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BlackBerry announced earnings per share of $-0.05 on revenue of $168M. Analysts polled by Investing.com anticipated EPS of $-0.0623 on revenue of $157.08M.
BlackBerry shares are down 42.57% from the beginning of the year and are trading at $5.30 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
BlackBerry shares lost 1.30% in after-hours trade following the report.
BlackBerry follows other major Information Technology sector earnings this month
BlackBerry's report follows an earnings beat by NVIDIA on Wednesday, May 25, 2022, who reported EPS of $1.36 on revenue of $8.29B, compared to forecasts EPS of $1.3 on revenue of $8.12B.
Broadcom had beat expectations on Thursday, May 26, 2022 with second quarter EPS of $9.07 on revenue of $8.1B, compared to forecast for EPS of $8.71 on revenue of $7.91B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar