Similar companies
| Company | Revenue | |
|---|---|---|
| No data for previous quarter available yet. | ||
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 145M | 0.7% |
| Gross Profit | 94M | 2.1% |
| Cost of Revenue | 51M | 6.3% |
| Operating expense | 115M | 14.8% |
| Net Income | -19M | 54.8% |
| EBITDA | -5M | 75% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 1.3B | 1.8% |
| Total Liabilities | 567M | 2.4% |
| Total Equity | 732M | 1.3% |
| Shares Outstanding | 591M | 0.1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | -13M | 13.3% |
| Cash from investing | 41M | 257.7% |
EPS
Financial Highlights for BlackBerry in Q3 '24
BlackBerry reported a revenue of 145M, which is a 0.7% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 94M, marking a -2.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 51M, a 6.3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 115M, showing a -14.8% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -19M, showing a 54.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -5M, showing a 75% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
BlackBerry faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.
