{"id":102981,"date":"2024-06-28T00:30:41","date_gmt":"2024-06-27T20:30:41","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=102981"},"modified":"2024-06-28T00:37:14","modified_gmt":"2024-06-27T20:37:14","slug":"blackberry-stock-surges-on-positive-earnings-report","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/blackberry-stock-surges-on-positive-earnings-report\/06\/28\/market-updates\/","title":{"rendered":"BlackBerry stock surges on positive earnings report"},"content":{"rendered":"\n<p>BlackBerry stock has surged after its Q1 earnings report, surprising Wall Street by beating revenue expectations. <br><br>The company&#8217;s revenue beat expectations, with a share revenue of 100 and 33 million, which was a narrower than expected quarterly loss. Companies are on track to be both profitable on a non-gap basis and in positive cash flow in the fourth quarter.<br><br>Despite the stock&#8217;s recent struggles, analysts suggest that near-term profitability visibility is improving, but long-term challenges remain due to competition in the space. Near-term stabilization in terms of profits in the company&#8217;s overall business could help lift valuation levels from some of the bottoms. However, the stock is currently struggling, and it remains to be seen what the future holds for a company like BlackBerry.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BlackBerry stock has surged after its Q1 earnings report, surprising Wall Street by beating revenue expectations. The company&#8217;s revenue beat expectations, with a share revenue of 100 and 33 million, which was a narrower than expected quarterly loss. Companies are on track to be both profitable on a non-gap basis and in positive cash flow &hellip;<\/p>\n","protected":false},"author":13,"featured_media":102989,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[66,11121,7113,9475],"class_list":["post-102981","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-blackberry","tag-blackberry-stock","tag-earnings","tag-q1"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/102981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=102981"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/102981\/revisions"}],"predecessor-version":[{"id":102986,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/102981\/revisions\/102986"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/102989"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=102981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=102981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=102981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}