BlackBerry Limited (NYSE:BB) will release earnings results for the first quarter, after the closing bell on Tuesday, June 24.
Analysts expect the Waterloo, Canada-based company to report quarterly earnings at $0 per share, up from $2.73 per share in the year-ago period. BlackBerry projects to report quarterly revenue of $112.19 million, compared to $144 million a year earlier, according to data from Benzinga Pro.
On Monday, QNX, a subsidiary of BlackBerry, and Vector Informatik signed a Memorandum of Understanding (MoU) to jointly create a new software platform designed to support the development of software-defined vehicles (SDVs).
BlackBerry shares gained 2.1% to close at $4.32 on Monday.
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