NYSE$BB
BlackBerry Limited · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
BlackBerry's financial performance reflected sequential revenue growth in the Cybersecurity business unit and temporary delays in the IoT business unit.
BlackBerry reported total company revenue of $373 million with non-GAAP EPS of $0.06 and a GAAP loss per share of $0.02. The Cybersecurity business unit experienced sequential revenue growth, while the IoT business unit faced temporary delays. The company completed the sale of its non-core patent portfolio.
- Total company revenue reached $373 million.
- Non-GAAP EPS was $0.06, while GAAP EPS showed a loss of $0.02.
- Cybersecurity revenue grew sequentially, driven by increased billings and pipeline.
- IoT revenue was impacted by temporary delays in new program starts.
Headline financials
Revenue & EPS history
BlackBerry · Revenue · Quarterly
$373M
Revenue by segment
BlackBerry · $153M total across 3 segments · Q1 2027
- Secure Communications$73.6M—48.1%
- QNX$72.3M—47.3%
- Licensing$7M—4.6%
Forward guidance
BlackBerry will discuss its outlook in connection with the quarterly earnings announcement on its earnings conference call.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2024
-0.6%
Avg return
Earnings day
-1.6%
Avg return
5 days after
+1.2%
Avg return
30 days after
49%
33 / 67 earnings
Positive
+22.6%
Q3 2025
Best reaction
-28.9%
Q1 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | — | — | — | |
| Q4 2026 | +3.7% | +12.5% | +80.5% | |
| Q3 2026 | -14.0% | -7.9% | -10.4% | |
| Q2 2026 | +8.2% | +14.3% | +11.9% | |
| Q1 2026 | -0.7% | -4.7% | -10.1% | |
| Q4 2025 | -9.1% | -20.6% | -6.4% | |
| Q3 2025 | +22.6% | +31.6% | +32.6% | |
| Q2 2025 | +5.4% | +1.7% | +0.0% | |
| Q1 2025 | +9.4% | +8.0% | +10.7% | |
| Q4 2024 | +2.9% | +2.9% | +4.6% | |
| Q3 2024 | -15.0% | -15.2% | -18.5% | |
| Q2 2024 | -3.7% | -11.0% | -30.3% | |
| Q1 2024 | +6.1% | +3.8% | -5.9% | |
| Q4 2023 | +14.6% | +16.6% | -1.8% | |
| Q3 2023 | -8.8% | -17.3% | +0.2% | |
| Q2 2023 | +0.4% | -5.4% | -8.9% | |
| Q1 2023 | +8.1% | +7.9% | +11.5% | |
| Q4 2022 | -11.1% | -6.3% | -24.6% | |
| Q3 2022 | +6.0% | +6.8% | +0.1% | |
| Q2 2022 | +13.1% | +8.2% | +16.5% | |
| Q1 2022 | -7.8% | -6.8% | -22.5% | |
| Q4 2021 | -8.4% | -6.5% | -1.5% | |
| Q3 2021 | -15.7% | -12.7% | +19.4% | |
| Q2 2021 | -0.6% | -3.5% | +6.7% | |
| Q1 2021 | -4.9% | -5.9% | -8.8% | |
| Q4 2020 | -14.1% | -17.6% | +9.5% | |
| Q3 2020 | +11.4% | +9.5% | +15.8% | |
| Q2 2020 | -25.8% | -30.0% | -31.2% | |
| Q1 2020 | -11.0% | -9.8% | -11.1% | |
| Q4 2019 | +8.3% | +7.9% | +3.5% | |
| Q3 2019 | -6.0% | -7.9% | +6.9% | |
| Q2 2019 | +6.3% | +3.6% | -12.1% | |
| Q1 2019 | -14.4% | -17.1% | -12.1% | |
| Q4 2018 | -7.3% | -13.5% | -15.7% | |
| Q3 2018 | +8.6% | +6.7% | +22.4% | |
| Q2 2018 | +21.1% | +20.5% | +15.8% | |
| Q1 2018 | -7.1% | -7.5% | -9.2% | |
| Q4 2017 | +12.2% | +14.0% | +34.4% | |
| Q3 2017 | -5.3% | -8.9% | -7.9% | |
| Q2 2017 | +0.8% | -0.4% | -10.0% | |
| Q1 2017 | -1.0% | -3.9% | +2.1% | |
| Q4 2016 | -10.0% | — | — | |
| Q3 2016 | +11.8% | — | — | |
| Q2 2016 | -10.4% | — | — | |
| Q1 2016 | -4.0% | — | — | |
| Q4 2015 | -5.4% | — | — | |
| Q2 2015 | +4.4% | — | — | |
| Q3 2015 | +6.1% | — | — | |
| Q1 2015 | +18.3% | — | — | |
| Q4 2014 | -10.7% | — | — | |
| Q2 2014 | +0.1% | — | — | |
| Q3 2014 | +19.5% | — | — | |
| Q1 2014 | -28.9% | — | — | |
| Q4 2013 | +3.7% | — | — | |
| Q3 2013 | -24.9% | — | — | |
| Q2 2013 | +10.1% | — | — | |
| Q1 2013 | -0.3% | — | — | |
| Q4 2012 | +2.1% | — | — | |
| Q3 2012 | +6.9% | — | — | |
| Q2 2012 | -5.0% | — | — | |
| Q1 2012 | +2.9% | — | — | |
| Q4 2011 | -0.9% | — | — | |
| Q3 2011 | -1.3% | — | — | |
| Q2 2011 | -2.9% | — | — | |
| Q1 2011 | -9.6% | — | — | |
| Q4 2008 | +3.4% | — | — | |
| Q4 2009 | +3.4% | — | — | |
| Q4 2010 | +3.4% | — | — |
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